About this home

COMPLETELY VACANT FOURPLEX - A RARE INVESTMENT OPPORTUNITY! Here's your opportunity to take control from day one! This Fourplex is 100% Vacant, giving you the freedom and flexibility to establish market-rate rents immediately, select your own tenants, and maximize the property's income potential. Adding even more value, each unit is separately metered for water, gas, and electricity including a 5th common-area meter, allowing utility consumption to be measured and billed individually to tenants, helping reduce operating expenses and improve your bottom line. $273/SF. $261,000 per unit, (+/-) $120,804 estimated projected annual income, (+/-) 9.248% CAP Rate and (+/-) 8.65 GRM at $1,045,000, the numbers speak for themselves. The unit mix consists of three 1Bd/Ba units and one 2Bd/1Ba unit, with each unit is approximately (+/-) 955 SqFt of living space, complete with a formal dining room and separate living room. Building total 3,820 SqFt. Additional amenities include four individual garages, four private storage spaces, and a coin-operated laundry room, providing added convenience and potential supplemental income. Low-maintenance grounds, much of the property is surrounded by concrete, significantly reducing gardening expenses. You're not just buying four units. You're buying four opportunities to generate passive income, build wealth, and create a legacy.

Facts and features

Schools

• McClymonds High School

  high · 9-12 · 0.2 mi

  2

• Westlake Middle School

  middle · 6-8 · 0.9 mi

  2

• Martin Luther King, Jr. Elementary School

  elementary · K-5 · 1.0 mi

  1

• Elijah's University for Self-Development School

  elementary · K-10 · 0.1 mi

• E.M. University of Science & Technology School

  elementary · K-12 · 0.1 mi

• St. Andrew M.B.C. Private P. C. P. C.

  elementary · K-12 · 0.2 mi

Price history

• Nov 5, 2026 · Listed$1,045,000
• Jun 2, 2011 · Sold$386,000
• Apr 29, 2011 · Listing Removed$418,888
• Apr 19, 2011 · Relisted$418,888
• Mar 23, 2011 · Listing Removed$418,888
• Feb 26, 2011 · Price Changed$418,888
• Jan 11, 2011 · Price Changed$449,000
• Oct 28, 2010 · Listed$479,000

Tax history

• 2025$10,409 tax · $504,393 assessed
• 2024$9,941 tax · $494,504 assessed
• 2023$10,229 tax · $475,308 assessed
• 2022$9,699 tax · $465,990 assessed
• 2021$8,880 tax · $456,853 assessed
• 2020$8,772 tax · $452,171 assessed
• 2019$8,186 tax · $443,308 assessed
• 2018$8,013 tax · $434,620 assessed

Home value

$1,122,000

• Collateral Analytics$1,122,000
• Quantarium$1,079,208

Where it is