$750,000

Estimated payment $5,717/month

Total Views 455
-- Bed
-- Bath
5,863 Sq Ft
$128 Price per Sq Ft

Highlights

  • 17,600 Sq Ft lot
  • Forced Air Heating and Cooling System
  • 3-minute walk to Governors Trail Park: Old Plank Trail

About This Home

Don't miss a fantastic opportunity to own a fully occupied, 6 unit building with 4@ 2 bedroom and 2@ 3 bedroom units. Each spacious unit has individual heat, central air, intercom doorbell access, street and rear parking, shared washer and dryer. Close to shopping, interstate highways, public transit, restaurants.

Listing Agent

Loretta Fields

On Point Realty Pros LLC License #471001103 Listed on: 12/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,256

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,863 Sq Ft Home
  • 3-Story Property
  • Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,048
  • Insurance Expense $3,980
  • Maintenance Expense $1,020
  • Trash Expense $1,620
  • Water Sewer Expense $2,338
  • Operating Expense $10,930
  • Gross Income $114,540
  • Net Operating Income $82,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,256

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1978
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required,48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Multi-Family
  • Fire Protection: Alarm Monitored,Alarm On Site,Carbon Monoxide Detector(s)
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

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

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Utilities: Water Available
  • Water Source: Municipal Water
  • Heat/Ventilation: Forced Air,Separate Per Unit
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1620
  • Water Sewer Expenses: 2338

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 17,600
  • Lot Size Sq Ft: 17600
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8
  • Tenancy Type: Leases,Month To Month

Building Info

  • BuildingAreaTotal: 5863
  • Building Unit Info: Fire Alarm,No Units Furnished,Smoke/Alarm Detector,Sprinkler System

Multi Family

  • Net Operating Income: 82353
  • Insurance Expense: 3980
  • ElectricExpense: 1048
  • GrossIncome: 114540
  • Maintenance Expense: 1020
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 10930
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 21256.38
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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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
12/01/2025 12/01/25 For Sale $750,000 -- $128 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12525865

Midwest Real Estate Data (MRED)