$225,000
PENDING $25K PRICE DROP

Estimated payment $1,465/month

Total Views 10,131
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Attention all investors! Don't miss this opportunity to own 2-unit rental property. This income-producing property offering peace of mind for years to come and making it an ideal addition to any investment portfolio. With two good tenants that are willing to stay, Improvements includes: *Two new furnaces installed for both units in December 2022. Roof replaced in June 2023. *New sewer line replaced from the property to the city utility connection in 2023. An added benefit, the current property management and maintenance services may be available for contract by the new owner through a separate independent agreement, providing a seamless transition for out-of-area or hands-off investors. Whether you're looking to expand your portfolio or secure a low-maintenance multi-unit investment, this property is a must-see! Schedule your showing now!

Listing Agent

Mark Piper

Kirch Property Management License #471004185 Listed on: 05/20/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,982

Year Built

  • Built in 1949 | Remodeled in 2022

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Off-Street Parking

Schools

  • Fairmont Elementary And Middle School
  • Lockport Township High School

Additional Features

  • Lot Dimensions are 133 x 50
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Maintenance Expense $2,412
  • Manager Expense $3,457
  • Water Sewer Expense $2,264
  • Net Operating Income $11,412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,982

Year Built

Built in 1949 | Remodeled in 2022

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • HabitableResidenceYN: Yes
  • New Construction: No
  • Year Built: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • New Construction Y/N: No
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Yes, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 3457
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2264
  • Other Expenses $: 1366
  • Trash Expense Year: 297

Schools

  • Elementary School: Fairmont School
  • High School: Lockport Township High School
  • Middle/Junior School: Fairmont School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 133 X 50
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 11412
  • Maintenance Expense: 2412
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 2982.22
  • Tax Year: 2025
  • Tax Exemptions: None

Map

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,982 $34,030 $6,092 $27,938
2023 $2,867 $28,027 $5,017 $23,010
2022 $2,275 $25,138 $4,620 $20,518
2021 $2,206 $23,624 $4,342 $19,282
2020 $2,164 $22,847 $4,199 $18,648
2019 $2,089 $21,656 $3,980 $17,676
2018 $1,902 $19,465 $3,578 $15,887
2017 $1,851 $18,376 $3,378 $14,998
2016 $1,906 $18,421 $3,387 $15,034
2015 $1,933 $17,527 $3,223 $14,304
2014 $1,933 $17,527 $3,223 $14,304
2013 $1,933 $18,450 $3,393 $15,057
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/19/2026 06/19/26 Pending -- -- --
06/12/2026 06/12/26 Price Changed $225,000 -10.0% --
05/22/2026 05/22/26 For Sale $250,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Interfamily Deed Transfer -- --
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12653290

Midwest Real Estate Data (MRED)

APN: 11-04-35-334-007

Your Personal Tour Guide

Ask me questions while you tour the home.