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* 202 W IDLEWILD AVE & 506 FAHNSTOCK ST

Multi-family For Sale
$595,000

BTC: 6.98356808

ETH: 224.52830189

21 days
6 bds
2,705 sqft

Overview

Excellent investment opportunity featuring two newer-construction single-family homes, both currently tenant-occupied and producing immediate rental income. Please do not disturb the tenants. The first home was built in 2022 and is currently leased for $2,400 per month, with the lease expiring August 31, 2026. The second home was built in 2023 and is currently leased for $2,430 per month, with the lease expiring July 31, 2026. Both tenants have occupied their respective homes since construction was completed, providing a strong history of long-term occupancy. The homes feature attractive modern finishes, including wood-look tile flooring, quartz countertops, stainless steel appliances, tray ceilings, and spacious open-concept living areas. These newer homes combine stylish design with durable, low-maintenance finishes that appeal to both tenants and investors. Together, the properties generate $4,830 per month in gross rental income, or $57,960 annually at the current lease rates. The seller prefers to sell both properties together as a package, offering an excellent opportunity to acquire two stabilized rentals at once, but may consider selling the homes individually. With newer construction, established tenants, similar finishes and locations, and upcoming lease flexibility, this is an attractive opportunity for an investor seeking dependable rental income with long-term upside.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2022
Lot:
0.13 Acres
Heating:
Central
Price/sqft:
$220
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,176
2025
Garage
1 car garage
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Open Floorplan

    • Tray Ceiling(s)

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 141926100000003500

    • Zoning: SR

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,176

  • Source details

    • MLS ID: O6433064

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2705

    • Water Source: Public

    • Lot Size Dimensions: 95 x 130

    • Subdivision Name: EUSTIS IDLEWILD HEIGHTS

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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: SIM REI