$307,000
$12K PRICE DROP

Estimated payment $1,734/month

Total Views 4,766
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Calling all investors! Here's your opportunity for instant income from a purpose built 5-plex. The building boasts four one room units and a two room unit. All utilities are separate and handled by each tenant. There are gas furnaces for the first floor units and wall heaters in the second and third floor units. A mixture of original hardwood floors and laminate make for easy cleaning. Each unit has laundry connections and interior and exterior access points. Tenants can park on the street or in the off-alley gravel pad. Conveniently located on the south end of St. Joseph, your tenants will have quick access to shopping, bars, and restaurants.

Listing Agent

Joshua Johnson

BHHS Stein & Summers Brokerage Phone: 757-270-0946 License #2020031305 Listed on: 09/22/2025

BHHS Stein & Summers

Co-Listing Agent

Halsey Moser

BHHS Stein & Summers Brokerage Phone: 757-270-0946 License #Moser,Hals

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,356

Year Built

  • Built in 1920

Home Design

  • Frame Construction
  • Composition Roof

Parking

  • 5 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • 3-Story Property
  • 0.28 Acre Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 06-9.0-31-001-001-089.000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • South St Joseph Subdivision

Building Details

  • Gross Income $40,140

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,356

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1920
  • Co List Office Mls Id: HMSPSR
  • Co List Office Name: BHHS Stein & Summers
  • Co List Office Phone: 816-232-2000
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Joshua Johnson
  • List Office Mls Id: HMSPSR
  • List Office Name: BHHS Stein & Summers
  • List Office Phone: 816-232-2000
  • Mls Status: Active
  • Operating Expense: 7550
  • Age Description: 101 Years/More
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Package: No
  • Attribution Contact: 757-270-0946
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 5

Utilities

  • Cooling: Other
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: No
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Senior Community: No
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Preferred Title

Schools

  • Junior High Dist: St. Joseph

Lot Info

  • Zoning: City
  • Lot Size Sq Ft: 12197
  • Parcel Number: 06-9.0-31-001-001-089.000
  • Subdivision Name: South St Joseph
  • In Flood Plain: No

Building Info

  • Number of Units Total: 5

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 40140
  • Current Occupancy Rate: Over 95%
  • Unit Count: 5

Tax Info

  • Tax Annual Amount: 1356
  • Tax Abatement YN: 0
  • Tax Comment: 0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
10/16/2025 10/16/25 Price Changed $307,000 -3.8% --
09/22/2025 09/22/25 For Sale $319,000 -- --
Source: Heartland MLS

Source: Heartland MLS

MLS Number: 2576578

Heartland MLS