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4111 SE 22ND AVENUE

Multi-family Active With Contract
$679,900

BTC: 8.42503098

ETH: 283.29166667

-$20K (2026/08/06)
95 days
8 bds
3,870 sqft

Overview

Under contract-accepting backup offers. Turnkey income-producing quadplex opportunity offering immediate cash flow and long-term investment stability. This well-maintained 3,870 SF multifamily property consists of four fully leased 2-bedroom / 1-bath units, each generating $1,400 per month in rental income, providing investors with a strong and consistent revenue stream from day one. between 2021 and 2024, the property underwent extensive improvements including a new roof, fully remodeled interiors with updated flooring, cabinets, and modern finishes, along with substantial upgrades to the plumbing and electrical systems. With major capital improvements already completed and stable in-place tenancy, this property presents an exceptional low-maintenance investment opportunity with strong income potential and long-term upside. Ideal for investors seeking a truly turnkey multifamily asset with immediate returns.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1981
Lot:
0.33 Acres
Heating:
Central
Price/sqft:
$176
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$529,000
$462K – $572K
Confidence Medium
List vs. estimate
$150K above estimate
List $679,900 · +28.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$175
-0.3% vs. city median $176
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,764
2025
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Property

    • Exterior Features: None

    Lot

    • Lot: 0.33 Acres

    Other Property Information

    • Parcel Number: 3120011009

    • Zoning: R1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $6,764

  • Source details

    • MLS ID: OM725155

    Other facts

    • Construction Materials: Wood Siding

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Living Area: 3870

    • Water Source: Public

    • Lot Size Dimensions: 120 x 120

    • Subdivision Name: CITRUS PARK

Private inquiry
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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: WIECHENS REALTY INC