About this home

8701 Bertwood Street presents a fully renovated, income-producing 5-unit multifamily property featuring five 2-bedroom, 1-bath residences totaling 3,790 rentable square feet on an oversized 11,250-square-foot lot. Extensively renovated in 2025 with more than $200,000 in capital improvements, this low-maintenance asset offers immediate cash flow and long-term appreciation potential. The property is 100% occupied and was appraised at $775,000 this year. Tenants are responsible for their own utilities (with water billed on a prorated basis), helping to reduce operating expenses and enhance investor returns. This property provides an immediate equity opportunity in addition to stable, in-place income. Full Offering Memorandum and P&L statement available in the attachments. Please do not disturb tenants.

Facts and features

Schools

• Cook Jr Elementary School

  elementary · K-5 · 1.2 mi

  4

• Kashmere High School

  high · 9-12 · 1.2 mi

  3

• Key Middle School

  middle · 6-8 · 2.3 mi

  6

• Northeast Christian School

  elementary · K-1 · 2.0 mi

• Shadydale Elementary School

  elementary · K-5 · 0.7 mi

  5

• Forest Brook Middle

  middle · 6-8 · 1.2 mi

  4

Price history

• Aug 20, 2026 · Listed$699,990
• Aug 20, 2026 · Listing Removed$734,990
• Jul 28, 2026 · Price Changed$734,990
• Jul 6, 2026 · Listed$749,990
• Jul 2, 2026 · Listing Removed$749,000
• May 7, 2026 · Listed$749,000
• Oct 14, 2025 · Listing Removed$1,250
• Aug 6, 2025 · Listed For Rent$1,250

Tax history

• 2026$6,747 tax · $317,485 assessed
• 2025$6,457 tax · $308,625 assessed
• 2023$5,956 tax · $295,640 assessed
• 2022$5,014 tax · $227,720 assessed
• 2021$3,699 tax · $158,732 assessed
• 2020$3,568 tax · $148,723 assessed
• 2019$3,601 tax · $148,723 assessed
• 2018$2,847 tax · $112,521 assessed

Home value

$685,394

• Quantarium$685,394
• Collateral Analytics$693,000
• Cotality$667,400

Where it is