Twitter
Facebook
Email
|
Rare opportunity to own a fully rented 6-unit multifamily property in a prime location"”directly behind the Washington County Fairgrounds! Built in 1952 with 4,189 total square feet, this apartment complex includes six units (numbered 2 through 7) featuring a mix of 1- and 2-bedroom layouts. Unit 2: 2 bed/1 bath. Unit 3: 2 bed/2 bath. Units 4 & 5: 1 bed/1 bath. Unit 6: 2 bed/1 bath, no living room - $700/month. Unit 7: 1 bed/1 bath - $675/month. All units are currently tenant-occupied on month-to-month leases, providing immediate cash flow for investors. A shared on-site laundry space adds convenience and generates an additional $400-$500/month in income. The property sits on a generous lot with substantial green space behind the building"”offering tenant appeal and possible future development options. While the property is fully functional and income-producing, it offers significant potential for value-add improvements and cosmetic updates"”making it an ideal opportunity for investors seeking both steady income and long-term appreciation. 48-hour notice required for all showings. Interior photos are available upon request of Units 3, 5, 6, and 7 to verify layout. Units 2 and 4 are very similar, but I was not able to get inside those yet. Storage container is reserved.
| DAYS ON MARKET | 2 | LAST UPDATED | 10/17/2025 |
|---|---|---|---|
| TRACT | 18 75 07 LOT 25 SW1/4 SW1 | YEAR BUILT | 1952 |
| COMMUNITY | WashingtonArea | COUNTY | Washington |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Washington |
|---|---|
| Jr. High School | Washington |
| High School | Washington |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | WashingtonArea |
| BASEMENT | Concrete, Yes |
| CONSTRUCTION | Brick, Frame |
| FIREPLACE | Yes |
| HEAT | Forced Air |
| HOA DUES | Annually |
| LOT DIMENSIONS | 1.83 Acres; 79,715 SF |
| PARKING | Off Street |
| SEWER | Septic Tank |
| SUBDIVISION | 18 75 07 LOT 25 SW1/4 SW1 |
| TAXES | 2810 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Jackie
Reyhons to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Peter Schwartz, RE/MAX Affiliates
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2025.