About This Property

Well-maintained 4-plex in the Stafford submarket offering stable in-place income with strong upside potential. Currently generating $45,600/year with value-add opportunity as rents trend toward market rates. This asset features four spacious ~1,000 SF 2-bedroom units with desirable layouts, private outdoor spaces, fireplaces, and in-unit laundry—driving consistent tenant demand. Recent capital improvements, including 2024 foundation repair with transferable warranty, multiple HVAC updates, and a maintained roof, help reduce near-term expenses. Two long-term tenants provide stability, while below-market rents allow for future growth. Property also qualifies for Section 8 housing, expanding tenant pool and income reliability. HOA covers key expenses for simplified ownership. Contact for financials and additional details.

Key Features

• 0.202 Acres Lot
• Built in 1983

Property Details

• Type: Single Family Home
• Year Built: 1983
• Lot Size: 0.202 sq ft
• Sq Ft: 3,968
• Price / Sq Ft: $113
• HOA: Contact Agent
• Bedrooms: 2
• Bathrooms: 1
• Feature: 0.202 Acres Lot
• Feature: Built in 1983
• Status: Active
• MLS Number: 879ad68d922c805d6a48f3f0e0f75332
• Days on Market: 203
• Listed By: CENTURY 21 Western Realty, Inc · Erica Post
• Zip Code: 77477