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2011 NW 40TH STREET

Multi-family Recently Sold
$119,000

BTC: 1.81679389

ETH: 66.11111111

Sold on: 2020-10-19
New
0 room(s)
2,240 sqft

Overview

CALLING ALL INVESTORS! Here is two income producing properties currently leased out on .35 acres. Unit 1 is a 2/1 that qualifies for section 8 and rents for $900 a month. Unit 2 is a 3/1 that rents for $690 a month. Both units are 1120 square feet of living and are being sold together. These units are close to town off HWY 301 and Gainesville Road. See Attached for current leases and info.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1980
Lot:
0.35 Acres
Heating:
Central
Price/sqft:
$53
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$319,000
$191K – $375K
Confidence Low
List vs. estimate
$200K below estimate
List $119,000 · -62.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$53
-70.0% vs. city median $177
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,061
2019
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Exterior Features: Lighting

    Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: 1393200100

    • Zoning: R1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $2,061

  • Source details

    • MLS ID: OM609780

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 2240

    • Water Source: Well

    • Lot Size Dimensions: 100 x 152

    • Subdivision Name: HOME ACRES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: HOMERUN REALTY