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Listing provided courtesy of Keller Williams Preferred RltyMREDMLS# 12566376MLS Provider
  • 137 days on site
  • 0 views

Solid brick multi-family investment opportunity featuring 7 bedrooms and 6 bathrooms with a 3-car garage. Strong income-producing property with excellent upside potential. One studio is on a long-term lease through May 1st. All other tenants are month-to-month, providing flexibility for a new owner. Tenants are open to discussing rent increases to remain post-sale, offering immediate value-add potential. Property features include balconies on both the 1st and 2nd floors, boiler heating system, on-site laundry room, and a 3-car garage. Great opportunity for investors or owner-occupants seeking rental income.

Source: MRED, MLS#: 12566376

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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 1600 MEMORIAL Drive

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
4/1/2026Source: MRED Status Change
Pending
3/31/2026Source: MRED Price Reduction
$299,000 -1.2%
3/31/2026Source: MRED Status Change
Re-activated
3/13/2026Source: MRED Status Change
Contingent
3/10/2026Source: MRED Price Reduction
$302,500 -2.1%
3/10/2026Source: MRED Status Change
Price Change
2/17/2026Source: MRED Status Change
Active
2/12/2026Source: MRED Added to Database
February 12, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022