$499,900

Estimated payment $2,916/month

Total Views 2,672
-- Bed
-- Bath
9,240 Sq Ft
$54 Price per Sq Ft

About This Home

Great buy-and-hold opportunity for an experienced investor familiar with IDHA or nonprofit partnerships. The property includes a regulatory agreement with an AMI requirement, while still offering strong value-add potential and long-term cash flow.

Listing Agent

James Mattz

Keller Williams Preferred Rlty License #471014052 Listed on: 01/20/2026

Keller Williams Preferred Rlty

Co-Listing Agent

Chretien Matz

Keller Williams Preferred Rlty License #475164997

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 1928

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 9,240 Sq Ft Home
  • 3-Story Property

Additional Features

  • 7,175 Sq Ft Lot
  • Central Heating

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $7,200
  • Fuel Expense $8,400
  • Insurance Expense $1,500
  • Maintenance Expense $1,000
  • Trash Expense $4,800
  • Water Sewer Expense $4,000
  • Operating Expense $28,500
  • Gross Income $67,200
  • Net Operating Income $67,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,818

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1928
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Possible Use: Condominium
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Tar/Gravel
  • Roof Structure: Flat

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 4800
  • Water Sewer Expenses: 4000

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 7175
  • Lot Size Sq Ft: 7175

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 9240

Multi Family

  • Net Operating Income: 67200
  • Fuel Expense: 8400
  • Insurance Expense: 1500
  • ElectricExpense: 7200
  • GrossIncome: 67200
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 28500
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 3818.04
  • Tax Year: 2023

Map

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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
2025 $3,818 $49,400 $5,381 $44,019
2024 $3,818 $49,400 $5,381 $44,019
2023 $3,670 $24,000 $8,969 $15,031
2022 $3,670 $24,000 $8,969 $15,031
2021 $3,061 $23,999 $8,968 $15,031
2020 $3,020 $19,762 $6,457 $13,305
2019 $3,134 $22,457 $6,457 $16,000
2018 $3,079 $22,457 $6,457 $16,000
2017 $4,498 $32,131 $5,740 $26,391
2016 $4,852 $32,131 $5,740 $26,391
2015 $5,064 $32,131 $5,740 $26,391
2014 $5,093 $30,016 $5,022 $24,994
2013 $4,981 $30,016 $5,022 $24,994
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2026 01/20/26 For Sale $499,900 -- $54 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12551050

Midwest Real Estate Data (MRED)

APN: 20251150170000