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402 E Main St
For Sale $420,000 ($125.30 per Sq Ft)
$420,000 ($125.30 per Sq Ft)
- 5 Units
- 3,352 Sq Ft
- 9,108 Sq Ft
- Unknown Cap Rate
Description
Fully occupied multifamily investment opportunity on an oversized corner lot with excellent visibility. This two-story apartment building features five units, each with its own electric meter. Each unit offers a one-bedroom, one-bath layout plus a bonus room that could function as a second bedroom, along with a kitchen and living area. Units are equipped with window A/C units.
Tenants pay their own electric, while rent currently includes water and trash. The property is on city water with a septic system approximately 10 years old. Current gross annual income is $51,000, with strong potential for increased returns through renovations and rent adjustments.
Additional features include a storage area that could be converted into a shared laundry facility, adding further value and convenience for tenants. Ideal for investors looking to add value and maximize income potential.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $420,000 |
| Property Type | Other |
| Usable Sqft | 3,352 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1946 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 272828836000014091 |
| MLS # | P4938541 |
| Property ID | 317994790 |
| Lot Sqft | 9,108 |
| Zoning | R-1A |
| Total Units | 5 |
| Days on Market | 30 |
| Original List Price | $420,000 |
| Applicances | Refrigerator% |
| Date Updated | April 24, 2026 |
| Date Created | April 24, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Debbie Bradbury an agent of . Lic #3231911
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of April 24, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT