Calling all investors—don’t miss this exceptional three-unit multifamily opportunity. This property is ideal for investors looking to expand their portfolio or for an owner-occupant who wants to live in one unit while renting out the other two.All units have been renovated, and the building is fully occupied. The seller currently resides in one unit, with the remaining two secured by leases. Located on a quiet, tree-lined street, the property offers a peaceful and desirable setting.Whether you’re adding to an existing portfolio or purchasing your first investment property, this one delivers. The numbers are strong, with an actual cap rate exceeding 6%.Please submit offers contingent upon a walkthrough. Kindly do not disturb the tenants or walk the property.
Listing Provided Courtesy of Michael Bivens, Bridgetown Equity Prop LLC
General Information
487660105
43
DOM
3
3484.8 SqFt
3
1615
1937
RS
Marion
577112
Hammond
Parrish 4/10
North Salem 4/10
MultiFamily
HIGHLAND AVE ADD SALEM FR LOT 7 BLK 10
Listing Provided Courtesy of Michael Bivens, Bridgetown Equity Prop LLC
Krishna Realty data last checked: Mar 14, 2026 19:59 | Listing last modified Feb 24, 2026 13:52,
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Residence Information
1615
3
3
Composition
OnStreet
1
1937
No
WoodSiding
Slab
Features and Utilities
None
Electricity
WallFurnace
PublicSewer
Electricity
Electricity
Financial
4049.94
0
MaintenanceGrounds,Sewer,TrashCollection,Water
Cash,Conventional,FHA
01-12-2026
No
No
Comparable Information
43
61
Cash,Conventional,FHA
$535,000
$525,000
Feb 24, 2026 13:52
Schools
Elementary : HammondN/ARatingspublic Middle : Parrish
4/10Ratingspublic High : North Salem
4/10Ratings
Calling all investors—don’t miss this exceptional three-unit multifamily opportunity. This property is ideal for investors looking to expand their portfolio or for an owner-occupant who wants to live in one unit while renting out the other two.All units have been renovated, and the building is fully occupied. The seller currently resides in one unit, with the remaining two secured by leases. Located on a quiet, tree-lined street, the property offers a peaceful and desirable setting.Whether you’re adding to an existing portfolio or purchasing your first investment property, this one delivers. The numbers are strong, with an actual cap rate exceeding 6%.Please submit offers contingent upon a walkthrough. Kindly do not disturb the tenants or walk the property.
