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EXECUTIVE SUMMARY
This 9-unit multifamily property offers strong value-add potential with current rents well below market. Each spacious 2-bed, 1-bath unit is approximately 575 SF—perfectly sized for workforce housing. Located just a few blocks from the new Amazon Distribution Center and only 3.5 miles from the airport, it’s an ideal spot for employees seeking walkable, convenient living. With room for renovations and rental increases, this is a solid opportunity for investors looking to grow income and equity.
PROPERTY FACTS
| Price | $2,070,000 | Building Class | C |
| Price Per Unit | $230,000 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 10,992 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 0.64/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | I-2 | ||
| Price | $2,070,000 |
| Price Per Unit | $230,000 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 10,992 SF |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 0.64/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | I-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
SITE AMENITIES
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 9 | - | 575 |
1 1
Walk Score®
Very Walkable (77)
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1754 Silva St
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