Price$565,000
Units5
Gross scheduled income$60,540
Seller NOI$35,510
Listed cap rate6.28%
Days on market18
Photos
Listing remarks
Don’t miss this prime investment opportunity! This distinctive multi-unit property is brimming with potential and ready for the right investor to seize the moment. Ideally located just steps from the heart of the Avenues and in close proximity to Enloe Health Center, this all-original five-unit gem offers a rare blend of location, charm, and flexibility. With five units thoughtfully distributed across three separate buildings, this property is perfect for a variety of rental strategies. A spacious, shared courtyard serves as a welcoming communal area—ideal for relaxing, gathering, and enjoying the outdoors. Some of the units includes its own in-unit laundry, a convenience that adds major value for tenants and enhances rental appeal. Positioned in a sought-after neighborhood known for steady rental demand, this property promises both immediate income and long-term growth potential. Whether you're looking to update and modernize or maintain its original character, the opportunities here are limitless. Secure your next smart investment today and watch your portfolio thrive!
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 1 | 0 | 1 | $875 | $925 |
| 2 | 1 | 2 | 1 | $1,295 | $1,350 |
| 3 | 1 | 1 | 1 | $1,100 | $1,150 |
| 4 | 1 | 1 | 1 | $900 | $950 |
| 5 | 1 | 1 | 1 | $875 | $925 |
Property facts
Year built1960
Parcel003613009000
Lot9,148 SF
Building/Living area3,717 SF
HeatingCentral, See Remarks, Wall Furnace
CoolingCentral Air, See Remarks, Wall Window Units
WaterPublic
SewerPublic Sewer
Additional MLS fields
Original list price$565,000
Listing date2026-04-06
Off-market date2026-04-23
Buildings3
Operating expenses$22,003
Insurance$6,920
Water/sewer$1,701
Trash$1,167
Maintenance$5,000
Rent controlYes
Electric meters5
Gas meters5
Water meters1
LaundryInside, See Remarks
Lot featuresBack Yard
CommunityUrban
PoolNone
Senior communityNo
Last MLS update2026-05-13T17:26:37.510-00:00
See how Matt runs his numbers
Request a one-page investment summary using Matt’s underwriting lens.
Request summary
MLS attribution: Listing provided by Capital Rivers Commercial Inc, Matt Depa. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26070802. Information is deemed reliable but not guaranteed and may change without notice.
