$1,450,000

Estimated payment $8,747/month

Total Views 5,521
6 Beds
8 Baths
3,636 Sq Ft
$399 Price per Sq Ft

Highlights

  • Mountain View
  • No HOA
  • Mini Split Heat Pump
  • Corner Lot
  • Cooling Available

About This Home

Great investment opportunity to own a newer construction fourplex in the sought after Alberta neighborhood. This property is two side-by-side duplex's, each with one (1) 1,188 square foot, 2 bed, 2.1 bath unit, and (1) one 630 square foot, 1 bed, 1 bath unit. Each unit has its own individual entrance, thoughtful floorpan with spacious rooms, washer and dryer, and patio. Features include vaulted ceilings, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, tile baths, contemporary fixtures. Vacant 2 bed unit on the 4974 side presents an amazing owner occupied opportunity. Prime location, walk to shops, restaurants, cafes along Alberta St, and bocks to New Seasons and The Kennedy School. Walk score 89, bike score 98. Professionally managed. Tenants pay their own electricity and gas. Owner pays water, garbage, sewer. Per the property manager's 2024 year end report: Actual Gross Income: $66, 434 (with one of the larger 2 bed/2.1 bath units vacant). Actual Operating Expenses: $13,286. Actual Gross Income: $53,148.

Listing Agent

Kate Kennedy

Windermere Realty Trust License #201109073 Listed on: 05/08/2025

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,859

Year Built

  • Built in 2019

Lot Details

  • 1,306 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,636 Sq Ft Home
  • 3-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Schools

  • Vernon Elementary And Middle School
  • Leodis Mcdaniel High School

Utilities

  • Cooling Available
  • Mini Split Heat Pump
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R688383

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Alberta Subdivision

Building Details

  • Operating Expense $13,286
  • Gross Income $66,434
  • Net Operating Income $53,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,859

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 2019
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Concrete
  • View: Mountain

Garage/Parking

  • Parking Description: None
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Vernon
  • High School: Leodis McDaniel
  • Middle Or Junior School: Vernon

Lot Info

  • Zoning: R1AH
  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1306.0
  • Parcel #: R688383
  • Assessor Parcel Number 2: R688384

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8859.25

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 21.83
  • Annual Gross Income: 66434.0
  • Property Net Operating Income: 53148.0
  • Annual Operating Expense: 13286.0

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 $8,519 $321,480 $0 $0
2022 $8,334 $312,120 $0 $0
2021 $8,193 $303,030 $0 $0
2020 $7,516 $294,204 $0 $0
2019 $2,572 $101,489 $0 $0
2018 $444 $17,520 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $1,450,000 +3.9% $399 / Sq Ft
08/10/2023 08/10/23 Sold $1,395,800 -0.2% $418 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $1,399,000 -- $419 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,395,800 Chicago Title
Warranty Deed $673,109 Fidelity National Ttl Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $870,000 Credit Line Revolving
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 620761114

Regional Multiple Listing Service (RMLS)

APN: R688383