Priced at $89,900 with an estimated ARV of $300,000, this 3,049-square-foot four-unit property offers exceptional value-add potential. The reported unit mix includes two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, creating multiple income streams and strong flexibility for an investor prepared to renovate and reposition the building.
With duplexes in the area reportedly selling above $400,000, the property’s four-unit configuration could provide significant upside relative to its entry price. An investor can pursue a full renovation and resale, stabilize the units as a long-term rental asset, or renovate in phases to build equity while working toward stronger occupancy and income performance.