$1,275,000
514 5th AVE S. - Four 3 bed 2 bath apartments with Garages
Details
APN 0000000036
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,800
Units 4
Cap Rate 5.81%
NOI $74,100
Occupancy 95%
Tenancy Multi
Price per SqFt $188
Broker Co-Op True
Year Built 2005
Year Renovated 2005
Buildings 2
Stories 2
Lot Size (SqFt) 13,500
Zoning R2
Parking Spaces 4 spaces
Parking per 1,000 SqFt 0.59
Investment Type Stabilized
Multifamily | 4 Units | $318,750/unit
Marketing description
Established four-unit investment opportunity near downtown. Built in 2005 and thoughtfully updated, this property consists of two side-by-side duplexes with exceptionally low tenant turnover. Each of the four homes features a high-demand layout- two-levels with 3 bedrooms, 2 bathrooms, and an in-unit washer and dryer. Residents enjoy private decks and dedicated stalls in the central detached garages. Fully occupied and well cared for, this turnkey portfolio offers a smooth, reliable investment in a neighborhood tenants truly love to stay in. Property consists of: 514 & 516 5th Ave St. 510 & 512 W Pine St.
Investment highlights
- 4 units, 3 bed 2 bath each, 1 great investment
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
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$--
Annual Cash Flow
$74,100.00
$6,175.00/mo
Valuation Metrics
0
DSCR
5.81%
Cap Rate
5.81%
ROI
Map
Zoning
R2 ResidentialTwo FamilyResidential Two Family
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View all 159 uses Last updated Apr 30, 2026 For deeper zoning details, reports are available at Zoneomics
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