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  3. Investor Alert: 4-Unit Quadplex in Growth Area – Under $115K/Unit! [Code: 10009]
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Investor Alert: 4-Unit Quadplex in Growth Area – Under $115K/Unit! [Code: 10009]

Asking
$ 465,000
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  • Rare Investment Opportunity: Fourplex in the Highly Sought-After Park Hill School District!
  • Don’t miss this rare chance to own a fourplex in the desirable Park Hill School District.
  • With potential for rental income growth, this property offers spacious 2-bedroom, 1-bath units, each featuring charming decorative fireplaces and convenient one-car garages.
  • The building has been well-maintained, with updated siding and windows, ensuring a strong, long-term investment.
  • The HOA takes care of lawn maintenance and trash services, adding to the ease of ownership at a price that is typically less than it would cost to contract these items individually.
  • One unit is currently vacant and available for immediate viewing, while the other three are tenant-occupied.
  • Showings for the occupied units are by appointment only—please respect the tenants’ privacy and do not disturb them.

    • Updated On:
    • April 26, 2025
    • 8 Bedrooms
    • 4 Bathrooms
    • Attached Garages
    • Year Built:1978
    Property Id: 70359
    Price: $ 465,000
    Property Lot Size: 8,712.00 ft2
    Rooms: 16
    Bedrooms: 8
    Bathrooms: 4
    Year Built: 1978
    Garage: Attached
    Garage Size: 4
    External Construction: Vinyl Siding
    Roofing: Composition
    Rent (mo): 3900
    ROI (ann): 19%
    Cashflow (mo): 347
    Property Taxes (mo): 310
    Insurance (mo): 175
    Repairs (mo): 400
    Management Fee (mo): 299
    Leasing Fee (ann): 350
    HOA (mo): 110
    Vacancy Rate (ann): 48
    Other Features
    back yard
    deck
    fenced yard
    fireplace

    $2,785.59
    per month
    • Principal and Interest
    • Property Tax
    • HOA fee
    • Private Mortgage Insurance
    $ 2,204.34

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    Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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