Listing provided courtesy of INSPIRE HOME & LAND REALTYMLS# 260334MLS Provider
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**Turnkey 4-Plex Investment Opportunity Near Wayne State College!** This recently remodeled 4-plex located just a few blocks from Wayne State College presents an outstanding opportunity for both seasoned investors and those looking to enter the world of real estate investing. Recently vacated to allow for renovation, the property is ready for its next owner to begin leasing immediately and hand-select ideal tenants from day one. Significant recent improvements include a new roof, new Hardie plank siding, fresh exterior and interior paint, updated flooring throughout, remodeled bathrooms, and a new water heater. The bright, airy units offer an inviting living environment that tenants will appreciate. The property features two spacious 2 bedroom, 1 bathroom units and two 1-bedroom, 1 bathroom units. The 1-bedroom units offer additional upside potential, with the possibility of converting them into 2-bedroom units through the addition of egress windows. New interior doors will be installed prior to closing, or the buyer may elect to receive a credit and complete the installation themselves. Whether you're looking to expand an existing rental portfolio or purchase your first income-producing property, this updated and income-ready 4-plex is an opportunity you won't want to miss.

Source: Norfolk MLS, MLS#: 260334

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  • Property Type
    Residential Income

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% 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. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1108 Douglas St.


Schools


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. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/8/2026Source: Norfolk MLS Added to Database
June 08, 2026