FIRE SALE !! Fully occupied 6-unit multifamily on Summer Ave! PRIME LOCATION! Renovated in 2020, each unit offers 3BR layouts—rare and in high demand, supporting strong tenant retention and consistent income. Major upgrades include new roof, updated plumbing, full electrical rewire, and all HVAC systems and water heaters replaced, delivering a true turnkey, low-maintenance asset. Currently generating approx. $75,000 annually, exceeding the 1% rule with immediate cash flow from day one. Prime location with quick access to Interstate 40 and near Grahamwood Elementary School, increasing tenant demand. Strong rental corridor with excellent accessibility. Ideal for investors seeking stable returns, low overhead, and long-term appreciation. Opportunities like this are increasingly difficult to find in today’s market. Don’t miss out on this rare investment. Contact me today for additional details or to schedule a private showing.
Sold for $550,000
Zillow last checked:
Listing updated:
Bought with:
Adam M Thornton
Marathon REALTORS, LLC
Source: MAAR,MLS#: 10220598
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Sold | $550,000-4.3%$100/sqft |
Source:  MAAR #10220598 Report a problem | ||
| 7/9/2026 | Pending sale | $575,000$105/sqft |
Source: MAAR #10220598 Report a problem | ||
| 7/1/2026 | Price change | $575,000-4%$105/sqft |
Source: MAAR #10220598 Report a problem | ||
| 6/11/2026 | Price change | $599,000-12.6%$109/sqft |
Source: MAAR #10220598 Report a problem | ||
| 5/1/2026 | Listed for sale | $685,000$125/sqft |
Source: MAAR #10220598 Report a problem | ||
| 1/1/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/1/2020 | Listed for rent | $750 |
Source: Zillow Rental Manager Report a problem | ||
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