Estimated payment $2,257/month
Highlights
- 0.64 Acre Lot
- Patio
- Forced Air Heating and Cooling System
- No HOA
- 1-Story Property
- Community Storage Space
About This Home
Newly RE-ZONED C-1 Mixed COMMERCIAL or RESIDENTIAL | or BOTH! Prime Location | Positive Cash Income | 3 Units + 2 Storage Areas = $28,200 Annual Gross Income | 4th Unit Under Construction for future added $10,800 Annual Gross Income. | .640 Acre Gives Plenty of Room for Additional Income Producing Ventures. NOW Zoned C-1 For Business OR Residential use. Currently used for Multi Family Rental Property. Tenant's Rights | Long Term Tenants | Month to Month Leases in Place. Lincoln Drive with Highway Frontage & Highway 61 Visibility can be easily converted back to Commercial if desired.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,228
Year Built
- Built in 1960
Home Design
- Vinyl Siding
Interior Spaces
- 1,684 Sq Ft Home
- 1-Story Property
- Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Parking
- Additional Parking
- Parking Lot
- Off-Street Parking
- Unassigned Parking
Schools
- Claude Brown Elem. Elementary School
- Troy South Middle School
- Troy Buchanan High School
Additional Features
- Patio
- 0.64 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 149031000000012000
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Community Storage Space
Building Details
- 3 Leased Units
- Net Operating Income $15,200
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 | $2,243 | $34,281 | $13,382 | $20,899 |
| 2023 | $2,229 | $34,282 | $13,382 | $20,899 |
| 2022 | $2,148 | $32,873 | $13,382 | $19,491 |
| 2021 | $2,158 | $32,873 | $0 | $0 |
| 2020 | $2,040 | $31,008 | $0 | $0 |
| 2019 | $2,043 | $31,008 | $0 | $0 |
| 2018 | $2,067 | $31,008 | $0 | $0 |
| 2017 | $2,072 | $31,008 | $0 | $0 |
| 2016 | $1,962 | $28,595 | $0 | $0 |
| 2015 | $1,966 | $28,595 | $0 | $0 |
| 2014 | $1,971 | $28,595 | $0 | $0 |
| 2013 | -- | $28,595 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | Price Changed | $375,000 | -6.0% | $223 / Sq Ft |
| 04/15/2025 04/15/25 | Price Changed | $399,000 | 0.0% | $237 / Sq Ft |
| 04/15/2025 04/15/25 | For Sale | $399,000 | -- | $237 / Sq Ft |
| 04/10/2025 04/10/25 | Off Market | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Meyer Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $158,000 | Construction | |
| Closed | $30,000 | Future Advance Clause Open End Mortgage |
Source: MARIS MLS
MLS Number: MIS25022519
APN: 149031000000012000
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