$309,000

Estimated payment $1,941/month

Total Views 11,743
6 Beds
4 Baths
4,370 Sq Ft
$71 Price per Sq Ft

Highlights

  • 0.33 Acre Lot
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • Balcony
  • 1-Story Property
  • Dogs Allowed

About This Home

Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. Current tenants have always paid on time. Property is managed by seller. On ground level, there is also a large office space that has 4 rooms, 1.5 baths, and a lobby. This office space can be reverted back into a 4 bedroom apartment giving the new buyers more income revenue (about $2000.00). This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot for 12 parking spaces for tenant and office parking. Seller is motivated to sell but will not take low offers. Come bring your new buyers and/or investor for an opportunity that will result in immediate income!

Listing Agent

Jeffrey Menzer

RE/MAX Moves License #6501392184 Listed on: 05/08/2025

RE/MAX Moves

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950 | Remodeled in 2021

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120.00 x 120.00
  • Property fronts a private road
  • Fenced

Parking

  • 12 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof
  • Asphalt

Interior Spaces

  • 4 Full Bathrooms
  • 4,370 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 58551900980000

Community Details

Overview

  • 4 Units
  • Wertenberger Place Monroe City Subdivision

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1950 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 1 Story
  • Year Built: 1950
  • State Equalized Value: 140350.0000
  • Year Renovated: 2021
  • Pets Allowed: Dogs OK
  • AgentOnly_ListPriceByAcre: 936363.6300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4370

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab, Basement
  • Construction Materials: Asphalt, Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch - Enclosed, Porch, Enclosed
  • Road Frontage Type: Private, Pub. Sidewalk
  • Sideof Street: W
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 12

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal), Separate Meters

Fee Information

  • Operating Expense: 6000.00

Lot Info

  • Lot Size Area: 0.33
  • Lot Dimensions: 120.00 x 120.00
  • Parcel Number: 58551900980000
  • Zoning: Commercial

Rental Info

  • Deposit Amount: 90000.00
  • Rent Includes: Trash Collection, Water, Yard Maintenance
  • Monthly Rental Income: 3050

Tax Info

  • Tax Amount Summer: 4246.0000
  • Tax Amount Winter: 3933.0000
  • Total Tax: 8179.0000
  • Taxable Value: 135790.0000

Multi Family

  • Gross Scheduled Income: 36600.00
  • Number Of Units Total: 4
  • Number of Four Bedroom Units: 1

MLS Schools

  • School District: Monroe

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
10/22/2025 10/22/25 For Sale $309,000 0.0% $71 / Sq Ft
09/23/2025 09/23/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $309,000 +76.6% $71 / Sq Ft
02/10/2020 02/10/20 Sold $175,000 -12.5% $40 / Sq Ft View Prior Sale
01/25/2020 01/25/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $199,900 0.0% $45 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/23/2019 10/23/19 Price Changed $199,900 -4.8% $45 / Sq Ft
09/10/2019 09/10/19 For Sale $210,000 +20.0% $48 / Sq Ft
09/10/2019 09/10/19 Off Market $175,000 -- --
Source: Realcomp

Source: Realcomp

MLS Number: 20250033364

Realcomp