$585,000
PENDING OPEN FRI 4PM - 7PM $60K PRICE DROP

Estimated payment $3,757/month

Total Views 7,490
6 Beds
3 Baths
2,892 Sq Ft
$202 Price per Sq Ft

About This Home

OPEN HOUSE!
SATURDAY 11-1PM - August 16th
SUNDAY 12-2PM - August 17th

Calling All Investors!

159 Cartier St is a three-story multifamily building featuring three well-sized 2-bedroom, 1-bath units, totaling approximately 2,892 square feet of living space on a 0.11-acre city lot. Located in a highly walkable West Side neighborhood, the property boasts paved off-street parking and is connected to public water and sewer.

Each unit is separately metered for electricity, with tenants responsible for gas-fired heat and electric hot water. The landlord handles domestic water and sewer costs.

Here’s the exciting part for savvy investors: Includes immediate value add. Current rents are below market, offering upside potential through thoughtful renewals and or updates.

Don’t miss out on this well-located investment with strong upside in one of the city’s most desirable neighborhoods! Schedule your private showing today and capitalize on the potential to enhance income and build long-term equity.

Listing Agent

Rosario Missiti

License #9582420 Listed on: 06/19/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,822

Year Built

  • Built in 1885

Parking

  • Paved Parking

Home Design

  • New Englander Architecture
  • Flat Roof Shape
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

  • Gossler Park Elementary School
  • Middle School At Parkside
  • Manchester West High School

Additional Features

  • 4,792 Sq Ft Lot
  • Space Heater

Listing and Financial Details

  • Legal Lot and Block Lot 29 / Block 0
  • Assessor Parcel Number Map 190

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $53,544
  • Net Operating Income $40,629

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,822

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Directions: GPS
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1885
  • Display On Internet: None
  • Architectural Style: Multi-Family, New Englander, Tri-Level
  • ResoLotFeatures: Sidewalks, Neighborhood
  • Road Frontage Type: Dead End
  • MLS Status: (30) Under Contract - Pending
  • Above Grade Finished Sq Ft: 2892.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walkout
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Basement: Walkout
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Roof: Flat, Tar/Gravel
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Natural Gas, Space Heater
  • Cooling: None
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Gossler Park Elementary School
  • High School: Manchester West High School
  • Middle Or Junior School: Middle School at Parkside

Lot Info

  • Surveyed: No
  • Zoning: MX-2
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792.0

Multi Family

  • Gross Income: 53544.0
  • Number Of Units Total: 3
  • Net Operating Income: 40629.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6822.0
  • Tax Block: Block 0
  • Tax Lot: Lot 29
  • Tax Map Number: Map 190

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,822 $348,400 $84,600 $263,800
2023 $6,571 $348,400 $84,600 $263,800
2022 $6,355 $348,400 $84,600 $263,800
2021 $6,160 $348,400 $84,600 $263,800
2020 $5,327 $216,000 $58,300 $157,700
2019 $5,253 $216,000 $58,300 $157,700
2018 $5,115 $216,000 $58,300 $157,700
2017 $5,037 $216,000 $58,300 $157,700
2016 $4,392 $189,800 $58,300 $131,500
2015 $4,679 $199,600 $58,300 $141,300
2014 $4,691 $199,600 $58,300 $141,300
2013 $4,525 $199,600 $58,300 $141,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Pending -- -- --
08/12/2025 08/12/25 Price Changed $585,000 -5.6% $202 / Sq Ft
07/24/2025 07/24/25 Price Changed $620,000 -3.9% $214 / Sq Ft
07/10/2025 07/10/25 For Sale $645,000 0.0% $223 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $645,000 +207.1% $223 / Sq Ft
04/06/2017 04/06/17 Sold $210,000 0.0% $73 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $210,000 -- $73 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,782,000 None Available
Warranty Deed $210,000 --
Warranty Deed -- --
Quit Claim Deed -- --
Warranty Deed $298,500 --
Warranty Deed -- --
Foreclosure Deed $319,800 --
Deed $332,000 --
Warranty Deed $142,400 --
Warranty Deed $112,000 --
Warranty Deed $99,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,572,500 Purchase Money Mortgage
Closed $2,572,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $308,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $215,267 Stand Alone Refi Refinance Of Original Loan
Previous Owner $227,200 Stand Alone Refi Refinance Of Original Loan
Previous Owner $166,800 New Conventional
Previous Owner $326,575 Purchase Money Mortgage
Previous Owner $128,160 Purchase Money Mortgage
Previous Owner $100,800 Purchase Money Mortgage
Source: Public Records

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Source: PrimeMLS

MLS Number: 5047528

PrimeMLS

APN: MNCH-000190-000000-000029