Estimated payment $2,091/month
About This Home
Don’t miss this opportunity to own a versatile duplex located in the small town of Rathbun, just 3 minutes from the scenic shores of beautiful Lake Rathbun. Whether you're looking for a smart investment or a place to call home, this property offers the best of both worlds. Live in one unit and rent out the other to offset your mortgage or generate steady income! Each side of this duplex sleeps 7 people comfortably with 2 bedrooms and 2 bathrooms, a full kitchen with an open concept living area. The tenants share a very large covered front porch and a smaller back deck to enjoy your morning coffee. With over 2,400 sq ft of finished living space and an additional 2,400 sq ft of dry, unfinished basement, there's room to grow, customize, and maximize potential. This dry basement features a shared laundry area, an additional 3/4 bathroom, newer- separate HVAC systems for each unit, and the potential for an entertainment area. The property sits on a total of 1.742 acres, backing up to partially wooded parcels. Next to the duplex is a large 1,620 SF shed built in 2017 with concrete floor, perfect for your boat storage and more! Contact your favorite agent a private tour! Agent is a relative of the owners.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18
Year Built
- Built in 1946
Parking
- 3
Additional Features
- Basement Fills Entire Space Under The House
- Forced Air Heating System
Community Details
- Gross Income $9,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $18 | $980 | $980 | $0 |
| 2023 | $18 | $980 | $980 | $0 |
| 2022 | $16 | $790 | $790 | $0 |
| 2021 | $16 | $790 | $790 | $0 |
| 2020 | $10 | $490 | $490 | $0 |
| 2019 | $12 | $490 | $0 | $0 |
| 2018 | $12 | $490 | $0 | $0 |
| 2017 | $1,200 | $490 | $0 | $0 |
| 2016 | $10 | $490 | $0 | $0 |
| 2015 | $10 | $6,860 | $0 | $0 |
| 2014 | $154 | $6,860 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $375,000 | -- | $156 / Sq Ft |
Source: NoCoast MLS
MLS Number: NOC6328155
APN: 400071001170000
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