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1777-1779 E MARTIN LUTHER KING JR BOULEVARD

Multi-family Recently Sold
$502,824

BTC: 7.90790281

ETH: 264.27700458

Sold on: 2025-09-02
4 days
8 bds
2,584 sqft

Overview

NEW CONSTRUCTION LUXURY MODERN DUPLEX – 8.27PERCENT CAP RATE! Brand new duplex featuring a total of 8 bedrooms & 4 bathrooms – each unit offers 4 beds, 2 baths, and a laundry room. High-end finishes throughout: 9’4” ceilings, quartz countertops, real wood soft-close cabinetry, porcelain tile bath surrounds, LED lighting, and LVP flooring. Perfect for investors or owner-occupants! HUD fair market rent for a 4-bed unit is $2,245, with potential gross income of $4,490/month. At a $525K purchase price, the property produces an 8.27PERCENT cap rate based on realistic expenses. FHA financing eligible for buyers occupying one unit! Seller is motivated — don’t miss this income-producing opportunity!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2025
Lot:
0.06 Acres
Heating:
Electric
Price/sqft:
$204
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$92
2024
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range Hood

    • Refrigerator

    Other interior features

    • High Ceilings

    • Open Floorplan

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.06 Acres

    Other Property Information

    • Parcel Number: 253009000000033360

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Sewer Connected

    • Water - Multiple Meters

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $93

  • Source details

    • MLS ID: L4954717

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Block

    • Laundry Features: Electric Dryer Hookup / Inside

    • Living Area: 2584

    • Water Source: See Remarks

    • Lot Size Dimensions: 38 x 99

    • Subdivision Name: NOT IN SUBDIVISION

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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: LA ROSA REALTY PRESTIGE