This fourplex, built in 1956 has all 1 BR 1BA units averaging 566SF. Currently 100% vacant, there is an the opportunity to immediately lease-up at market rents or renovate the units to achieve even higher income potential. The property has received system updates including roof (2008), vinyl windows, and copper/PEX plumbing. A large common area with laundry and storage, connected to the garage, offers a potential opportunity to add two more units (buyer to verify). The adjacent parcel with a duplex is also available, for a total of six units and 8,800 LSF zoned MIO-37-LR3 RC (M). This opportunity is ideal for an owner-occupant or investors seeking a well-located property with long-term upside.
Listing Provided Courtesy of Dea Sumantri, Lee & Associates Commercial RE
General Information
NWM2405506
Multi Family
47
DOM
4800.31 SqFt
3888
1956
King
Frantz Coe Elem
Mc Clure Mid
Lincoln High
Residential Incom
Multi Family
Listing Provided Courtesy of Dea Sumantri, Lee & Associates Commercial RE
Krishna Realty data last checked: Aug 28, 2025 02:31 | Listing last modified Aug 27, 2025 19:37,
Source:
Download our Mobile app
Residence Information
3888
Flat
54 - 4-Plex
1956
Poured Concrete
Coin Op Laundry
Features and Utilities
Wood Products
Sewer Connected
0
Financial
10343
Cash Out, Conventional
07-11-2025
Comparable Information
47
47
Cash Out, Conventional
$1,345,000
$1,345,000
Aug 27, 2025 19:37
Schools
Elementary : Frantz Coe ElemN/ARatings Middle : Mc Clure Mid N/ARatings High : Lincoln HighN/ARatings
Map
Listing courtesy of Lee & Associates Commercial RE.
This fourplex, built in 1956 has all 1 BR 1BA units averaging 566SF. Currently 100% vacant, there is an the opportunity to immediately lease-up at market rents or renovate the units to achieve even higher income potential. The property has received system updates including roof (2008), vinyl windows, and copper/PEX plumbing. A large common area with laundry and storage, connected to the garage, offers a potential opportunity to add two more units (buyer to verify). The adjacent parcel with a duplex is also available, for a total of six units and 8,800 LSF zoned MIO-37-LR3 RC (M). This opportunity is ideal for an owner-occupant or investors seeking a well-located property with long-term upside.