www.410s34th.com; 6-unit apartment complex with excellent current cash flow and strong upside. The current cap rate is 7.90% and the current GRM is 8.86%. The unit mix is ideal and includes six 2bd/1bth units and is nearly 100% occupied. The property was originally built in 1963, offers approximately 4,814 square feet of living space, and sits on 7,875 square feet lot with off-street parking for all tenants. The property is separately metered for water, gas, and electric providing for low annual operating expenses. The units have been remodeled over time and offer a mix of updated kitchens and bathrooms with wood floors, double pane windows, and new paint. The owner manages self-manages the building and all the tenants are nice and current on rent. The exterior and interior are in great condition with no deferred maintenance. The neighborhood is comprised of mostly single-family homes with few other apartment buildings reducing local inventory. There are many local restaurants and shopping options nearby with easy access to HWY580 and HWY80 making this a high-demand location for tenants. Vacant units rent fast and tenants stay for long periods of time making this an ideal investment location.
The income description goes here to explain
| List Price | $1,250,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 6 spots |
| Year Built | 1963 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 5131630088 |
| MLS # | 41136845 |
| Property ID | 322469492 |
| Lot Sqft | 7,875 |
| Zoning | Unknown |
| Total Units | 6 |
| Days on Market | 0 |
| Original List Price | $1,250,000 |
| Date Updated | June 02, 2026 |
| Date Created | June 02, 2026 |
Financials not available online. Please inquire with your agent for more details.
David Howarth an agent of . Lic #01360348
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REAL ESTATE AGENT