Fully renovated in 2024, this turnkey duplex offers immediate cash flow with significant upside in a strong rental market. The property features a highly desirable unit mix with one 4-bedroom unit and one 3-bedroom unit, catering to larger households and voucher tenants. Both units are currently occupied, generating $2,100/month ($1,100… Read More + $1,000), providing in-place income from day one. Where this deal gets interesting is the upside. 3-bedroom units in the area are renting for approximately $1,250–$1,400/month, while 4-bedroom units are achieving $1,600–$1,700/month. This creates a clear path to increase rents to $2,900–$3,100+/month, offering a strong value-add opportunity without additional major renovations. Read Less
Courtesy of Tarar Homes.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Multi-Family
Square Ft.
2,782
Lot Size
0.17 Acres
MLS Number
60982166
30 Days Snapshot Of 48227
$1k
0%
(avg) sold price
0
-100%
homes sold
6
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Basement
Block
Building
2,782 square feet, 2 total units, Built in 1919, Style: 2 Story, Duplex
Exterior Features
Aluminum
Foundation
Basement, Crawl
Water Features
Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $25,200
Lot
Lot size: 60x122, 0.17 acres
Taxes
Total amount: $3,211
Unit One
Rent: $1,100
Unit Two
Rent: $1,000
Unit Five
Bedroom 2 width: 60
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