Listed by Prime Locations Inc.
$1,175,000
$25K PRICE DROP

Estimated payment $7,190/month

Total Views 9,636
8 Beds
8 Baths
4,176 Sq Ft
$281 Price per Sq Ft

Highlights

  • Secluded Lot
  • Cul-De-Sac
  • Forced Air Heating System
  • No HOA
  • Patio
  • High Speed Internet

About This Home

Turnkey Investment – Fully occupied and professionally managed, ensuring immediate cash flow with reliable tenants in place. Strong Rental Income – Each 2-bed, 2-bath unit rents for an average of $1,750, with additional revenue from utility reimbursements and fees. Newer Construction (2020) – Modern, energy-efficient design with durable materials, reducing maintenance costs and enhancing long-term value. Whether you're an investor looking to add some minimal maintenance with a newer build to your portfolio or looking to live in one unit while renting out the rest, this is a great option with minimal options on the open market.

Listing Agent

Zach Strong

Prime Locations Inc. License #113120 Listed on: 03/19/2025

Co-Listing Agent

Zach Kosturos

Prime Locations Inc. License #25153

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2346239

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,061

Year Built

  • Built in 2020

Lot Details

  • 10,640 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Secluded Lot
  • 37710000400

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,176 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Rochester Primary Sc Elementary School
  • Rochester Mid Middle School
  • Rochester High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Rochester Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37710000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,061

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2020
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4176
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 170

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Secluded, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • WaterSewerGarbage: 2800

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Rochester
  • High School: Rochester High
  • Middle Or Junior School: Rochester Mid

Lot Info

  • Parcel Number: 37710000400
  • Lot Size Acres: 0.2443
  • Lot Size Sq Ft: 10640
  • Additional Parcels Description: 37710000400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County

Green Features

  • Green Building Verification Type: Other
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.3
  • LeasedItems: None
  • TotalMonthlyIncome: 7495

Multi Family

  • Gross Scheduled Income: 89940
  • Net Operating Income: 72095
  • Number Of Units Total: 4
  • Insurance Expense: 4000
  • Leasable Area: 4176
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • EnvironmentalCertification: Other-See Remarks
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 10061

MLS Schools

  • Elementary School: Rochester Primary Sc

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

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $1,175,000 -2.1% $281 / Sq Ft
03/19/2025 03/19/25 For Sale $1,200,000 -- $287 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2346239

Northwest Multiple Listing Service (NWMLS)