175 S 5th

Property Overview
Approximately 8%+ in-place cap rate with additional upside through unit updates! Excellent opportunity to own a well-maintained, income-producing 7-plex in a desirable location close to shopping, dining, and everyday conveniences. This attractive multifamily property consists of seven spacious 2-bedroom, 1-bath units, each featuring separate electric and gas meters, central A/C and heat, and assigned parking spaces, with plentiful street parking available for guests. Three of the units are currently being updated, offering upside potential, while the remaining four units are move-in ready and occupied by great tenants. The property has been thoughtfully cared for and presents a low-maintenance investment with strong rental appeal. Whether you’re expanding your portfolio or acquiring your first multifamily asset, this property offers immediate income with value-add potential in a solid rental market.
Home Details
- Property type
- ResidentialIncome - MixedUse
- Year built
- 1977
- Lot size
- 10,454 sq ft
- Stories
- 1.0
- Days on market
- 0
- MLS status
- Active
Features & Amenities
Appliances
- Gas Oven
- Water Heater
Parking
- Assigned
- Uncovered
Pool
- None
Lot
- Six To Ten Units Acre
Community, Schools & Utilities
Community
- Subdivision
- 0000
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions
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“Reza was the best agent we have ever worked with.”— Russell & Susan McQueen
Listing Agent

