$799,900
$20K PRICE DROP

Estimated payment $4,561/month

Total Views 3,154
-- Bed
-- Bath
9,855 Sq Ft
$81 Price per Sq Ft

Highlights

  • 0.25 Acre Lot
  • Forced Air Heating System
  • 2-minute walk to Memorial Park

About This Home

The surrounding neighborhood is poised for significant appreciation, with ongoing public and private investment fueling rapid transformation. New retail centers, boutique restaurants, parks, and cultural venues are just steps away ( New 75th st market place). Planned infrastructure upgrades-such as expanded transit lines and improved roads-will enhance connectivity and accessibility, elevating both property values and rental demand. This newly renovated property with units as large as 4 bedroom 1300 sq ft, with very large new vinyl windows. Rental income can be increased when units are rented at the average price for the sq footage offered. Come take a look THIS COULD BE your next best investment.

Listing Agent

April Troope

TADD Realty License #471005095 Listed on: 04/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,587

Year Built

  • Built in 1908

Lot Details

  • 0.25 Acre Lot

Interior Spaces

  • 9,855 Sq Ft Home
  • 3-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $720
  • Insurance Expense $5,000
  • Maintenance Expense $1,000
  • Manager Expense $5,000
  • Trash Expense $1,824
  • Water Sewer Expense $2,400
  • Operating Expense $18,344
  • Gross Income $108,000
  • Net Operating Income $89,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,587

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1908
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 6
  • Ranges: 6
  • Room: 7
  • Room: 7
  • Room: 0

Exterior Features

  • List Price: 799900

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Manager Expense: 5000

Fee Information

  • Trash Expense: 1824
  • Water Sewer Expenses: 2400
  • Janitor Expense: 2400

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 6100

Building Info

  • BuildingAreaTotal: 9855

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 89656
  • Insurance Expense: 5000
  • ElectricExpense: 720
  • GrossIncome: 108000
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 18344
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 3587
  • Tax Year: 2023

Range of Values:

Collateral Analytics

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ICE

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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
07/03/2025 07/03/25 Price Changed $799,900 -2.5% $81 / Sq Ft
04/26/2025 04/26/25 For Sale $820,000 +33.3% $83 / Sq Ft
09/09/2021 09/09/21 Sold $615,000 +2.5% $62 / Sq Ft
05/27/2021 05/27/21 For Sale -- -- --
05/26/2021 05/26/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $600,000 -2.4% $61 / Sq Ft
04/23/2021 04/23/21 Off Market $615,000 -- --
04/11/2021 04/11/21 For Sale $600,000 +419.5% $61 / Sq Ft
03/15/2018 03/15/18 Sold $115,500 0.0% --
01/17/2018 01/17/18 Pending -- -- --
01/03/2018 01/03/18 Off Market $115,500 -- --
11/22/2017 11/22/17 Price Changed $120,000 -20.0% --
10/17/2017 10/17/17 For Sale $150,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12328508

Midwest Real Estate Data (MRED)

APN: 20282110070000