$735,000
PENDING $15K PRICE DROP

Estimated payment $4,249/month

Total Views 2,472
10 Beds
6 Baths
3,550 Sq Ft
$207 Price per Sq Ft

Highlights

  • No HOA
  • Level Lot
  • Heating System Mounted To A Wall or Window
  • Property is near bus stop
  • Wood Siding

About This Home

Great opportunity to build your investment portfolio with this 6-unit property located in a prime downtown area. With a bit of elbow grease, this building has tons of upside. It's close to everything—hospitals, schools, parks, amenities—and sits right on the bus line, making it convenient for tenants. The property has potential to add value through updates, especially with the laundry area. It could be refreshed for tenant use or possibly converted into a small studio unit for additional income. Whether you're expanding your holdings or jumping into multi-family ownership, this property is well worth a look.

Listing Agent

Amy McMahon

Realty ONE Group Pacifica License #20113497 Listed on: 08/05/2025

Realty ONE Group Pacifica

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,775

Year Built

  • Built in 1965

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 3,550 Sq Ft Home
  • 3-Story Property
  • Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • Carport
  • On-Street Parking

Schools

  • Columbia Hts Elementary School
  • Cascade Middle School
  • Mark Morris High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • Level Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0100301

Community Details

Overview

  • No Home Owners Association
  • 21 Units

Building Details

  • Operating Expense $34,630
  • Gross Income $53,280
  • Net Operating Income $6,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,775

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1965
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 735000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: None
  • Total Bedrooms: 10
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level, OnBusline, PublicRoad
  • Road Surface Type: Concrete, Paved
  • Roof: Flat

Garage/Parking

  • Parking Description: Carport, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 5.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Columbia Hts
  • High School: Mark Morris
  • Middle Or Junior School: Cascade

Lot Info

  • Zoning: city
  • Parcel #: 0100301

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4775.35

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 21
  • Gross Rent Multiplier: 13.8
  • Annual Gross Income: 53280.0
  • Property Net Operating Income: 6680.0
  • Annual Operating Expense: 34630.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2025 11/08/25 Pending -- -- --
09/27/2025 09/27/25 Price Changed $735,000 -2.0% $207 / Sq Ft
08/05/2025 08/05/25 For Sale $750,000 -- $211 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 211920461

Regional Multiple Listing Service (RMLS)