$449,900

Estimated payment $2,830/month

Total Views 1,499
7 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Additional Residence on Property
  • Second Garage
  • Paved or Partially Paved Lot

About This Home

Extremely Rare Investment Opportunity in Auburn Gresham! Unlock the potential of this unique multi-parcel property - featuring 2 separate buildings, 2 garages, and 1 vacant lot, all included in one unbeatable package. This income-generating property offers: 3 Residential Units plus a non-conforming unit for additional rental income. Recently renovated interiors with brand-new kitchens, updated bathrooms, fresh paint, quartz countertops, and luxury vinyl plank (LVP) flooring throughout. Garage space for 3 vehicles (a 2-car garage with a party door - perfect for entertaining - and a 1-car garage), plus a parking pad and rear fencing. Whether you're an investor looking for strong long-term returns or a savvy buyer planning to live in one unit and rent the others, this property delivers flexibility and cash flow. Prime location near major transportation and popular retailers like Home Depot, Lowe's, Chipotle, Floor & Decor, and more. Opportunities like this in Auburn Gresham don't come around often - schedule your showing today before it's gone! The 2-1 Bedrooms are currently rented at $1000 each so bringing in $2000 a month.

Listing Agent

Lucas Alvarado Jr

Ready Properties Inc License #471018465 Listed on: 12/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,757

Year Built

  • Built in 1890 | Remodeled in 2025

Lot Details

  • Lot Dimensions are 75x125
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 3 Car Garage
  • Second Garage
  • Driveway
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater

Additional Features

  • Partial Basement
  • Additional Residence on Property

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,757

Year Built

Built in 1890 | Remodeled in 2025

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Basement: Unfinished, Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Water Heater-Electric, Water Heater-Gas
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Brick/Mortar
  • OtherStructures: Second Garage, Second Residence
  • Roof: Asphalt, Flat
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Yes, Garage Owned, Detached, Off Alley, Driveway, Garage
  • ParkingTotal: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 75x125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5757.43
  • Tax Year: 2024

Multi Family

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

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
12/13/2025 12/13/25 For Sale $449,900 0.0% --
12/10/2025 12/10/25 Pending -- -- --
12/04/2025 12/04/25 For Sale $449,900 +103.6% --
05/19/2025 05/19/25 Sold $221,000 +13.4% $56 / Sq Ft View Prior Sale
04/08/2025 04/08/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $194,900 -- $49 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12528026

Midwest Real Estate Data (MRED)

APN: 25041210240000