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This brick fourplex boasts an impressive 7% Cap rate generating a solid $83k gross annual income. With extensive remodeling kitchens, plumbing, electric, flooring, paint, bathrooms, yards, and windows. Enjoy superb tenant retention facilitated by new materials and low maintenance, ensuring a steady stream of income. Each unit is extremely marketable, offering comfortable living spaces enhanced by proximity to local amenities such as libraries, stores, cafes, bars, parks, and freeways, earning an impressive Walk Score of 80. If you've been considering entering the rental property market, look no further.

Listed by:

John L. Scott, Inc

Source: NWMLS, MLS#: NWM2197502

  • Property Type
    ResidentialIncome
  • Lot
    0.38 Acres
  • Price / Sq Ft
    $356

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Meridian Valley Realty
  • Median Age
    36
  • Population Density
    3,738
  • College Educated
    33%
  • Estimated Median Monthly Income
    $70,050
  • Estimated Total Home Owners
    1,955
  • Estimated Total Renters
    2,549
  • Owner / Renter Divide
    43% / 57%
  • Estimated Average Household Size
    3
  • Total Population
    11,514
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
*Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Life at 158 S 152nd Street


Schools

3
North Hill Elementary
  • Grades: PK-5
  • Public
1
Big Picture School
  • Grades: 6-12
  • Public
4
CHOICE Academy
  • Grades: 6-12
  • Public
1
Big Picture School
  • Grades: 6-12
  • Public
4
CHOICE Academy
  • Grades: 6-12
  • Public
1
Highline High School
  • Grades: 9-12
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
2/19/2024Source: NWMLS Status Change
Pending Inspection
2/11/2024Source: NWMLS Added to Database
February 11, 2024