$600,000

Estimated payment $3,654/month

Total Views 8,225
1 Bed
1 Bath
1,584 Sq Ft
$379 Price per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Wood Siding
  • No HOA
  • High Speed Internet
  • 2-minute walk to Arbor Lodge Park

About This Home

Discover the potential of this beautifully renovated Arbor Lodge duplex! Featuring two one-bedroom, one-bath units with an unfinished basement, this property is ready to move in and offers a fantastic opportunity to live in one unit while renting the other to offset your mortgage. Recently updated with fresh paint and stunning refinished or new hardwood floors, both units blend charm and modern convenience. With a strong cash flow history, this property is not only ideal for first-time buyers but also appeals to seasoned investors. Additionally, the flat and spacious lot provides room to expand, whether by adding a detached ADU or converting it into a triplex for even greater investment potential. Don’t miss out on this versatile property in the heart of Arbor Lodge!

Listing Agent

Patrick Clark

Inhabit Real Estate License #200303117 Listed on: 03/28/2025

Co-Listing Agent

Kenneth McLarty

Inhabit Real Estate License #201209461

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1925

Lot Details

  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Chief Joseph Elementary School
  • Ockley Green Middle School
  • Roosevelt High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R124760

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Arbor Lodge Subdivision

Building Details

  • Operating Expense $8,616
  • Gross Income $43,080
  • Net Operating Income $34,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,973

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1925
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Storage: Basement
  • Total Bedrooms: 1
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, PublicRoad
  • Road Surface Type: Paved
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: CentralAir
  • Association: No

Schools

  • Elementary School: Chief Joseph
  • High School: Roosevelt
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: R5
  • Parcel #: R124760

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3972.95

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.93
  • Annual Gross Income: 43080.0
  • Property Net Operating Income: 34464.0
  • Annual Operating Expense: 8616.0

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

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
2023 $3,973 $144,170 $0 $0
2022 $3,738 $139,980 $0 $0
2021 $3,675 $135,910 $0 $0
2020 $3,371 $131,960 $0 $0
2019 $3,247 $128,120 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $600,000 0.0% $379 / Sq Ft
06/06/2025 06/06/25 Off Market $600,000 -- --
03/25/2025 03/25/25 For Sale $600,000 -- $379 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $185,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $140,800 New Conventional
Closed $148,000 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 710998326

Regional Multiple Listing Service (RMLS)

APN: R124760