$925,000

Estimated payment $6,246/month

Total Views 5,994
8 Beds
4 Baths
3,570 Sq Ft
$259 Price per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding
  • Property is near a bus stop
  • Level Lot
  • 1-Story Property

About This Home

Exceptional Investment Opportunity: Well-maintained, fully occupied 4-plex with a solid cap rate. Each single-level, 2-bedroom, 1-bath unit includes a fireplace, updated electrical, and washer/dryer hookups. Property also features assigned garages and additional on-site parking. New roof installed in 2021. Ideally located near Hillsdale shops, dining, public transit, and across from Mittleman JCC. No sign on property; offers subject to interior inspection. Please do not disturb tenants. Ask real estate broker to share property performance report for additional details regarding financials. (Monthly rental income is $6460, which includes one of the garages being rented for $125/month.)

Listing Agent

Sanam Dowlatdad

Where Real Estate Collaborative License #201212524 Listed on: 05/09/2025

Co-Listing Agent

Alec Bromka

Where Real Estate Collaborative License #201245762

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,166

Year Built

  • Built in 1980

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,570 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Property is near a bus stop

Schools

  • Hayhurst Elementary School
  • Robert Gray Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R330047

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hillsdale Subdivision

Building Details

  • Operating Expense $31,658
  • Gross Income $76,122
  • Net Operating Income $44,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,166

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1980
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Total Bedrooms: 8
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, OnBusline
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hayhurst
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray

Lot Info

  • Zoning: RM1
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Parcel #: R330047

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 14166.32

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.15
  • Annual Gross Income: 76122.0
  • Property Net Operating Income: 44464.0
  • Annual Operating Expense: 31658.0

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 $14,166 $514,540 $0 $0
2022 $13,327 $499,560 $0 $0
2021 $13,101 $485,010 $0 $0
2020 $12,018 $470,890 $0 $0
2019 $11,576 $457,180 $0 $0
2018 $11,236 $443,870 $0 $0
2017 $10,769 $430,950 $0 $0
2016 $9,854 $418,400 $0 $0
2015 $9,596 $406,220 $0 $0
2014 $9,408 $394,390 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 For Sale $925,000 +19.7% $259 / Sq Ft
04/01/2021 04/01/21 Sold $773,000 +12.2% $217 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $689,000 -- $193 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Wfg Title
Warranty Deed $406,000 Pacific Nw Title
Warranty Deed $288,000 First American
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,000 New Conventional
Previous Owner $276,000 Purchase Money Mortgage
Previous Owner $230,400 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 521165098

Regional Multiple Listing Service (RMLS)

APN: R330047