About this home

Opportunity to acquire a recently stabilized, fully occupied 10-unit multifamily property offering immediate in-place cash flow and an established operating history. Following its recent stabilization, the property is generating approximately $122,800 in annualized rental income and approximately $75,600 in annualized NOl, based on January through July 2026 operations. Investment Highlights: Utility reimbursement upside: Ownership currently absorbs certain utility costs, including water, creating an opportunity for a new owner to implement a Ratio Utility Billing System (RUBS). 100% occupied.

Facts and features

Schools

• Kashmere Gardens Elementary School

  elementary · K-5 · 0.4 mi

  6

• Key Middle School

  middle · 6-8 · 0.8 mi

  6

• Kashmere High School

  high · 9-12 · 1.6 mi

  3

• St Francis of Assisi School

  elementary · PK-8 · 0.9 mi

• Isaacs Elementary School

  elementary · K-5 · 0.5 mi

  5

• Fleming Middle School

  middle · 6-8 · 0.6 mi

  5

Price history

• Sep 1, 2026 · Listed$999,900
• Jul 12, 2025 · Listing Removed$999,990
• Apr 24, 2025 · Listed$999,990
• Nov 24, 2024 · Listing Removed$995
• May 23, 2007 · Sold—

Tax history

• 2026$14,193 tax · $667,844 assessed
• 2025$13,639 tax · $651,868 assessed
• 2023$13,961 tax · $692,939 assessed
• 2022$11,274 tax · $512,054 assessed
• 2021$10,208 tax · $438,003 assessed
• 2020$9,100 tax · $379,290 assessed
• 2019$8,701 tax · $359,342 assessed
• 2018$8,103 tax · $320,228 assessed

Home value

$990,000

• Collateral Analytics$990,000
• Quantarium$972,160

Where it is