4724 W 173rd Street

Property Overview
Excellent value-add investment opportunity in centrally located South Lawndale, currently operating at a 5% CAP rate. Exceptionally well-maintained Fourplex consisting of four 2-bedroom, 2-bathroom very spacious units. The two front units feature two-story layouts, while the rear units are single-level upstairs units. The property includes eight parking spaces in a rear carport with alley access, and a community coin-operated laundry room for additional income. Most of the units are fully remodeled. Recent capital improvements include new flooring in all the units and updated kitchens in three of the units, enhancing tenant demand and long-term performance. Ideally located within walking distance to South Bay Galleria, restaurants, parks, schools, and the planned Metro Line extension, supporting strong rental stability and future appreciation.
Home Details
- Property type
- ResidentialIncome - Quadruplex
- Year built
- 1986
- Lot size
- 5,777 sq ft
- Parking
- 8 spaces
- Stories
- 2.0
- Days on market
- 1
- MLS status
- Active
Features & Amenities
Parking
- Assigned
Pool
- None
Lot
- Two To Five Units Acre
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- 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

