$399,000
SOLD APR 4, 2025
13 Beds
5 Baths
-- Sq Ft
1908 Built

Recently Sold

9% Below List Price

191 Days on Market

About This Home

As of April 2025

Exceptional Turnkey Investment Property Opportunity This spacious, rare property offers three well-maintained units, ideally located on a quiet block directly across from a STEM school. Completely renovated in 2022, the property generates an impressive $48,000 in annual revenue. Notable updates include a new roof and three new water heaters, as well as three furnaces (ranging from 2020 to 2022) and three new central air units. The back porch was also replaced in 2022. Two of the units are generously sized, each featuring five bedrooms and two bathrooms, while the third is a garden unit with three bedrooms and one bathroom. The property showcases hardwood floors, fresh modern paint, updated kitchens and bathrooms, and high ceilings throughout. The first and second-floor units are currently occupied by long-term tenants on month-to-month leases, while the garden unit is vacant. All tenants are reliable, consistently pay rent on time, and are open to continuing their leases or relocating if necessary. This property presents a profitable investment with quick potential for return. It is being sold AS IS with no known violations. The garden unit can be shown initially, and the remaining two units will be available for viewing once the property is under contract. Please do not disturb tenants.

Last Agent to Sell the Property

Marcus Toussaint

Kale Realty License #475206712 Listed on: 08/11/2024

Kale Realty

Last Buyer's Agent

Daniel Garcia

Duarte Realty Company License #475181310

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1908 | Remodeled in 2022

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Potential Bedrooms
  • 5 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 125
  • Forced Air Heating System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,082

Year Built

Built in 1908 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 13
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 25 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2082
  • Tax Year: 2022

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 Prior Sale
04/04/2025 04/04/25 Sold $399,000 0.0% --
02/18/2025 02/18/25 Pending -- -- --
01/01/2025 01/01/25 Price Changed $399,000 -3.9% --
12/19/2024 12/19/24 Price Changed $415,000 -7.8% --
12/10/2024 12/10/24 Price Changed $450,000 +8.4% --
10/03/2024 10/03/24 Price Changed $415,000 -1.2% --
09/05/2024 09/05/24 Price Changed $420,000 -2.3% --
08/24/2024 08/24/24 Price Changed $430,000 -2.3% --
08/11/2024 08/11/24 For Sale $439,900 +73.5% --
06/30/2022 06/30/22 Sold $253,500 +5.6% -- View Prior Sale
04/14/2022 04/14/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $240,000 0.0% --
04/07/2022 04/07/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $240,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12135454

Midwest Real Estate Data (MRED)