$855,000
PENDING

Estimated payment $5,654/month

Total Views 15,490
8 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near a park
  • Enclosed Patio or Porch
  • Paved or Partially Paved Lot
  • Niles North High School Rated A+
  • Forced Air Heating System
  • 4-minute walk to Gross Point Park

About This Home

A 4-unit building with great investment property. The building consist of four separate rental units, provide a steady income stream. All Brick Fully Occupied and rented 4 unit building for sale In a prime location. Long term tenants with potentially higher rents. Great location next to the Old Orchard Shopping Mall and near local transportation. Each unit offers Good size 2 bedrooms, 1 bath & enclosed porch, Kitchen & bath . Finished basement with Laundry storage and mechanicals. Also, 4 parking spaces in the back of the building. This is a great investment opportunity for those looking for a multi unit. Money maker building.

Listing Agent

Honi Khiziran

MK Global Realty Co License #471005195 Listed on: 04/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,191

Year Built

  • Built in 1952

Lot Details

  • 6,970 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Window Screens
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Property is near a park

Community Details

Overview

  • 4 Units
  • 4Units

Building Details

  • Gross Income $87,600
  • Net Operating Income $72,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,191

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Exterior Entry, Full, Walk-Out Access
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Room Type: Enclosed Porch
  • Window Features: Screens
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • Room: 5

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 855000
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Alley, On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 13191

Schools

  • Middle/Junior School District: 68

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 7,200SQ FT.
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 72600
  • GrossIncome: 87600
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 13191.34
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/24/2025 08/24/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $855,000 +31.5% --
07/17/2023 07/17/23 Sold $650,000 -13.3% --
06/07/2023 06/07/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $750,000 +74.4% --
10/17/2014 10/17/14 Sold $430,000 -9.5% --
08/22/2014 08/22/14 Pending -- -- --
08/05/2014 08/05/14 Price Changed $475,000 -2.9% --
07/02/2014 07/02/14 For Sale $489,000 0.0% --
04/14/2014 04/14/14 Pending -- -- --
03/30/2014 03/30/14 Price Changed $489,000 -2.0% --
03/12/2014 03/12/14 For Sale $499,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12341499

Midwest Real Estate Data (MRED)