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Listing provided courtesy of Urban Nest RealtyMLS# 230352243MLS Provider
  • 98 days on site
  • 3 views

Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Live in one unit and rent the other 2 to pay your mortgage. Great opportunity in a fantastic location, bringing just over $5,000 per month and $61,000 gross revenue annually. Cap. rate at 6.2% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property. DND Tenants.

Source: Regional MLS, MLS#: 230352243

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  • Property Type
    Residential
  • Lot
    0.13 acres

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TERRY LONG

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  • Median Age
    38
  • Population Density
    8,299
  • College Educated
    50%
  • Estimated Median Income
    $72,463
  • Estimated Total Home Owners
    13,816
  • Estimated Total Renters
    7,395
  • Owner / Renter Divide
    65% / 35%
  • Estimated Average Household Size
    3
  • Total Population
    54,248
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* 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 5105 5109 SE TIBBETTS 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
5/26/2026Source: Regional MLS Price Reduction
$730,000 -2.5%
5/26/2026Source: Regional MLS Price Reduction
$730,000 -2.5%
3/24/2026Source: Regional MLS Added to Database
March 24, 2026
3/24/2026Source: Regional MLS Added to Database
March 24, 2026