$400,000

Estimated payment $2,650/month

Total Views 412
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Welcome to 7948 S Dobson, a charming California-style brick-constructed building in this well-maintained multi-family property. It features eight spacious one-bedroom apartments, each boasting the exact same efficient layout designed for comfortable living and easy tenant appeal, complete with reliable baseboard heating throughout and separately metered utilities for gas and electric to ensure convenience and cost control for the owner. Seller replaced all shingles on the roof just two years ago, providing peace of mind and long-term durability, while one of the eight units has been completely remodeled, offering the next owner a chance to capture premium rents. Additionally, two dedicated parking spaces are available in the rear of the building, adding valuable convenience in an urban setting. This property combines sturdy brick construction with thoughtful features in a desirable location-don't miss this opportunity to own a piece of classic California-inspired architecture! Call or text listing agent to schedule a showing

Listing Agent

Liam Moore

33 Realty License #475178997 Listed on: 08/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,652

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 50x125

Home Design

  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Utilities

  • Central Heating
  • Cable TV Available

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $360
  • Fuel Expense $6,924
  • Insurance Expense $4,800
  • Trash Expense $1,195
  • Water Sewer Expense $1,800
  • Operating Expense $18,096
  • Gross Income $40,500
  • Net Operating Income $17,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,652

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1963
  • Built Before 1978 (Y/N): Yes
  • Information: Standard
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 8
  • Number of Windows: 8
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 400000
  • Roof Structure: Pitched

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Utilities: Cable Available
  • Water Source: Municipal Water
  • Heat/Ventilation: Central Bldg Heat

Fee Information

  • Trash Expense: 1195
  • Water Sewer Expenses: 1800
  • Janitor Expense: 2160

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50x125

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Hot Water
  • Board Number: 8

Multi Family

  • Net Operating Income: 17604
  • Fuel Expense: 6924
  • Insurance Expense: 4800
  • ElectricExpense: 360
  • GrossIncome: 40500
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 18096
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 5651.54
  • Tax Year: 2023

Map

Range of Values:

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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 Change Sq Ft Price
08/11/2025 08/11/25 For Sale $400,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12441266

Midwest Real Estate Data (MRED)

APN: 20351040300000