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Listing provided courtesy of Bridgetown Equity Prop LLCMLS# 487660105MLS Provider
  • 168 days on site
  • 2 views

Calling all investors'don't miss this exceptional three-unit multifamily opportunity. This property is ideal for investors looking to expand their portfolio or for an owner-occupant who wants to live in one unit while renting out the other two.All units have been renovated, and the building is fully occupied. The seller currently resides in one unit, with the remaining two secured by leases. Located on a quiet, tree-lined street, the property offers a peaceful and desirable setting.Whether you're adding to an existing portfolio or purchasing your first investment property, this one delivers. The numbers are strong, with an actual cap rate exceeding 6%.Please submit offers contingent upon a walkthrough. Kindly do not disturb the tenants or walk the property.

Source: Regional MLS, MLS#: 487660105

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  • Property Type
    Residential Income
  • Lot
    0.08 acres

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  • Median Age
    33
  • Population Density
    4,886
  • College Educated
    25%
  • Estimated Median Income
    $45,959
  • Estimated Total Home Owners
    8,297
  • Estimated Total Renters
    11,013
  • Owner / Renter Divide
    43% / 57%
  • Estimated Average Household Size
    3
  • Total Population
    57,194
  • Community data courtesy of LiveBy, Inc.

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 581 HIGHLAND AVE

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
5/23/2026Source: Regional MLS Status Change
Pending
5/2/2026Source: Regional MLS Price Reduction
$479,000 -3.2%
3/17/2026Source: Regional MLS Price Reduction
$495,000 -5.7%
2/24/2026Source: Regional MLS Price Reduction
$525,000 -1.9%
1/12/2026Source: Regional MLS Added to Database
January 12, 2026