Price$850,000
Units5
Gross scheduled income$93,300
Seller NOI$71,696
Listed cap rate—
Days on market34
Photos
Listing remarks
Fantastic 5-unit investment opportunity! Located in a quiet, desirable neighborhood near shopping, dining, schools, and parks, and only a few blocks from Enloe Hospital. This versatile property offers strong income potential and long-term value. The building is a single-family conversion into a 5-unit complex featuring generous living spaces and a balanced unit mix. Includes a shared ground-level coin-operated laundry room, along with an excellent rental history and strong occupancy potential.
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 1 | 2 | 1 | $1,200 | $1,200 |
| 2 | 1 | 1 | 1 | $1,100 | $1,100 |
| 3 | 1 | 1 | 1 | $1,100 | $1,100 |
| 4 | 1 | 2 | 1 | $1,400 | $1,400 |
| 5 | 1 | 2 | 1 | $900 | $900 |
Property facts
Year built1895
Parcel003063018000
Lot6,098 SF
Building/Living area2,595 SF
HeatingCombination
CoolingWall Window Units
WaterPublic
SewerPublic Sewer
Additional MLS fields
Original list price$850,000
Listing date2026-07-17
Buildings1
Leased units5
Operating expenses$21,604
Insurance$6,000
Water/sewer$516
Trash$2,000
Rent controlNo
Electric meters6
LaundryCommon Area
AppliancesVented Exhaust Fan, Water Heater
InteriorCeiling Fans, Wood Product Walls
Lot featuresWalkstreet
CommunityBiking, Park, Suburban
FencingNone
ViewNeighborhood
PoolNone
Senior communityNo
Last MLS update2026-07-22T01:26:00.890-00:00
See how Matt runs his numbers
Request a one-page investment summary using Matt’s underwriting lens.
Request summary
MLS attribution: Listing provided by Teresa E Smith, Broker, Teresa Smith. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26158263. Information is deemed reliable but not guaranteed and may change without notice.