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Executive Summary
Well-Maintained 5-Unit Apartment Complex
Spacious and well-kept, this five-unit residential property offers spacious apartments in a quiet neighborhood with light traffic. Each unit is separately metered for electricity and currently fully rented, providing strong and consistent income. The property features ample parking, individual storage units for tenants, a laundry room with washer and dryer, and a large common area for residents to enjoy. A backyard patio area provides the perfect space for barbecues or small gatherings—making this an attractive and comfortable place to live.
Spacious and well-kept, this five-unit residential property offers spacious apartments in a quiet neighborhood with light traffic. Each unit is separately metered for electricity and currently fully rented, providing strong and consistent income. The property features ample parking, individual storage units for tenants, a laundry room with washer and dryer, and a large common area for residents to enjoy. A backyard patio area provides the perfect space for barbecues or small gatherings—making this an attractive and comfortable place to live.
Property Facts Under Contract
| Price | $599,500 | Building Class | C |
| Price Per Unit | $119,900 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | ||
| Zoning | R1 - Residential | ||
| Price | $599,500 |
| Price Per Unit | $119,900 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 4,000 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Zoning | R1 - Residential |
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Property Taxes
| Parcel Number | 029-121-290-000 | Improvements Assessment | $369,100 |
| Land Assessment | $91,934 | Total Assessment | $461,034 |
Property Taxes
Parcel Number
029-121-290-000
Land Assessment
$91,934
Improvements Assessment
$369,100
Total Assessment
$461,034
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4584 S Terrace Ave
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