Estimated payment $1,587/month
About This Home
Check out this Fabulous Apartment Building! This well maintained building features 5 separate apartments and is located within walking distance to schools, parks, churches, the YMCA, Historical Downtown Aledo, Restaurants, Shopping, Movie Theater, and More! The front of the building was previously used as an office space, but has been converted into an efficiency apartment. The main level features 2 more apartments that each have 2 bedrooms. The 3 main level apartments are Handicap Accessible. The upper level offers 2 One bedroom apartments. This building has been well maintained and recently updated items include: siding, flooring, insulation, appliances, downspouts, heating & A/C units, and more! All 5 units are currently tenant occupied. The new owner would take over the leases and begin making residual income immediately!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,424
Year Built
- Built in 1954
Lot Details
- Lot Dimensions are 96x60
Parking
- 5 Parking Spaces
Home Design
- Vinyl Siding
Interior Spaces
- 3,420 Sq Ft Home
- 2-Story Property
Utilities
- Window Unit Cooling System
- Separate Meters
Community Details
Overview
- 5 Units
Building Details
- Trash Expense $300
- Water Sewer Expense $1,350
- Operating Expense $4,850
- Gross Income $28,980
- Net Operating Income $18,706
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $5,424 | $62,160 | $4,605 | $57,555 |
| 2023 | $5,424 | $56,565 | $4,190 | $52,375 |
| 2022 | $4,874 | $55,850 | $4,135 | $51,715 |
| 2021 | $4,808 | $50,490 | $3,740 | $46,750 |
| 2020 | $4,839 | $49,315 | $2,295 | $47,020 |
| 2019 | $4,648 | $46,655 | $2,170 | $44,485 |
| 2018 | $4,491 | $47,945 | $2,230 | $45,715 |
| 2017 | $4,417 | $45,360 | $2,110 | $43,250 |
| 2016 | $4,158 | $42,390 | $1,970 | $40,420 |
| 2015 | $4,155 | $42,860 | $1,990 | $40,870 |
| 2014 | $4,187 | $44,370 | $2,060 | $42,310 |
| 2013 | $4,172 | $44,370 | $2,060 | $42,310 |
| 2010 | $4,234 | $46,165 | $2,145 | $44,020 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2026 05/22/26 | Price Changed | $209,900 | 0.0% | $61 / Sq Ft |
| 05/22/2026 05/22/26 | For Sale | $209,900 | +10.8% | $61 / Sq Ft |
| 04/24/2026 04/24/26 | Off Market | $189,500 | -- | -- |
| 03/31/2026 03/31/26 | Price Changed | $189,500 | -5.2% | $55 / Sq Ft |
| 03/02/2026 03/02/26 | Price Changed | $199,900 | -2.5% | $58 / Sq Ft |
| 02/10/2026 02/10/26 | Price Changed | $205,000 | -3.8% | $60 / Sq Ft |
| 10/24/2025 10/24/25 | For Sale | $213,000 | -- | $62 / Sq Ft |
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 | $140,000 | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: QC4268695
APN: 10-10-17-356-017
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Ask me questions while you tour the home.