About This Property

Investors, take note: this fully occupied fourplex offers dependable cash flow from day one. The property consists of two identical duplex buildings, each with two 1-bedroom units, for four identical units in total. The matching floor plans make maintenance, turnovers, and rent comparisons simple. All four units are leased, and three of the four tenants are long-term residents, giving you an established rent roll and low turnover. Each unit has its own separately metered power and water, so tenants pay their own utilities and your operating costs stay down. A separate outbuilding adds flexibility. Use it as storage, or convert it into an on-site laundry facility for an additional income stream. Four dedicated off-street parking spaces, plus ample street parking, add convenience for residents. Whether you’re expanding your portfolio or buying your first multifamily property, 1139 40th St S combines steady occupancy, efficient operations, and room to add value. Schedule your showing today. Please do not disturb tenants.

Key Features

• 9,200 Square Feet Lot
• Built in 1959

Property Details

• Type: Single Family Home
• Year Built: 1959
• Lot Size: 9,200 sq ft
• Sq Ft: 1,760
• Price / Sq Ft: $227
• HOA: Contact Agent
• Bedrooms: 4
• Bathrooms: 0
• Feature: 9,200 Square Feet Lot
• Feature: Built in 1959
• Status: Active
• MLS Number: MFR813785604
• Days on Market: 6
• Listed By: SPENCERS PLUS REALTY LLC · George Spencer
• Zip Code: 33711