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231 CONCORD

Recently Sold
$1,515,000

BTC: 24.51456311

ETH: 867.69759450

Sold on: 2025-12-19
89 days
24 bds
1,510 sqft

Overview

Prime Income-Producing Property – 6 Duplexes + Common Area + Warehouse Exceptional investment opportunity featuring six mostly occupied duplexes, a versatile common area, and a spacious warehouse, all situated on a well-maintained parcel in a high-demand rental market. This turnkey multi-family asset offers 10 total rental units, each with private entrances, updated interiors, and separate utility meters—perfect for maximizing rental income and minimizing operational costs. There is also another 2 units under construction to be completed by buyer for a total of 12 units. The common area provides added value for tenants, ideal for shared gatherings, recreational use, or future amenity development. The warehouse (currently vacant) presents multiple revenue possibilities, including storage rental, workshop space, or small business use. Key Features: 6 Duplex Buildings (12 Units Total) Separate meters & ample parking Steady rental history with strong cash flow Common Area for tenant enjoyment or value-add improvements Warehouse with flexible use potential Zoned for multi-family Strong Cap Rate & Upside Potential Whether you're a seasoned investor looking to expand your portfolio or seeking a residential asset, this property offers immediate income and long-term growth

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1959
Lot:
1.60 Acres
Heating:
Central / Electric
Price/sqft:
$1,656
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$17,203
2025
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 24

  • Property

    • Levels: One

    • Exterior Features: Dog Run / Sidewalk

    Lot

    • Lot: 1.60 Acres

    Other Property Information

    • Parcel Number: 0821305110B00003A

    • Zoning: MULTI-FAM

  • Type and style

    • Property Type: Residential Income

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $17,203

  • Source details

    • MLS ID: O6322976

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room / Outside

    • Window Features: Blinds / Window Treatments

    • Living Area: 1510

    • Water Source: Public

    • Subdivision Name: FERN PARK ESTATES

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ANNE ROGERS REALTY GROUP INC