FOR SALE: Four newly constructed duplexes (8 total units), 100% occupied, delivering strong in-place performance at an attractive 6.3% cap rate with an average rent rate of $1.49/SF. Designed with modern finishes and durable, low-maintenance materials, this property targets quality tenants and provides a turnkey opportunity for investors seeking stabilized cash flow in a growing area. Each unit features open-concept living, high ceilings, and abundant natural light. Kitchens are finished with stainless steel appliances, quartz countertops, custom cabinetry, and a breakfast bar. Units offer 2–3 bedrooms, including primary suites with well-appointed bathrooms featuring dual vanities and walk-in showers. Tenants enjoy fenced backyards, with yard maintenance handled by the HOA, supporting a low-touch ownership profile. Additional features include energy-efficient appliances and construction, attached 2-car garages, and ample additional parking. The neighborhood is positioned for continued demand with future amenities planned, including a pond and walking/biking trails, and is conveniently located near shopping, schools, and parks. Bonus Upside / Expansion: Additional duplex lots are also available for sale immediately adjacent to the community, offering a rare opportunity to expand the footprint and create a scalable duplex portfolio in one location.
113 days
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117
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3
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Zillow last checked:
Listing updated:
Listed by:
Cole Ihrig,
Ihrig Properties
Source: GTARMLS,MLS#: 26004024
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 10
Heating
Has Heating (Unspecified Type)
Cooling
Central Electric
Features
Unit 1 Living Room, Unit 2 Living Room, Unit 3 Living Room, Unit 4 Living Room
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 14,980
Total interior livable area: 14,980 sqft
Property
Parking
Parking features: 1 Or More Per Unit, Garage, Paved
Has garage: Yes
Details
Zoning description: Two Family Dwelling
Special conditions: Homeowner's Assn Dues
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Materials
Brick and Wood
Foundation: Slab
Condition
Year built: 2023
Utilities & green energy
Electric: Individual Electric Meter
Water: Individually Metered: Individual Water Meters
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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