374 North Dunlap Street
$535,000
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Description
Located in a strong rental neighborhood, this value-add investment is strategically positioned for a new buyer. The opportunity provides a new investor with the ability to achieve significant upside from a well-located asset. The property is located just 1 block from the Medical District and 1 mile from the Crosstown Concourse. Nicely manicured with an open, U shaped layout, the property feels large and welcoming. All units feature 1 bedroom and 1 bathroom. The current owner has fully renovated 6...Located in a strong rental neighborhood, this value-add investment is strategically positioned for a new buyer. The opportunity provides a new investor with the ability to achieve significant upside from a well-located asset. The property is located just 1 block from the Medical District and 1 mile from the Crosstown Concourse. Nicely manicured with an open, U shaped layout, the property feels large and welcoming. All units feature 1 bedroom and 1 bathroom. The current owner has fully renovated 6 of the 10 units along with other capital improvements, including window, plumbing, and electrical updates, as well as a new roof in 2022. A few upgrades and some well-placed capital improvements by a new investor can significantly drive both rents and long-term value.
- Listed by Jessica Sewell • Prime Real Estate Group
Property Details for 374 North Dunlap Street
Area
741E
MAAR Subdivision NameLane
Legal Subdivision NameLane
LISTING UPDATED: 10/29/2024 11:40 PM
Property Details for 374 North Dunlap Street
Status | Active |
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MLS # | 10184186 |
Days on Market | 3 |
Taxes | $1,792 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Apartment Building |
Year Built | 1959 |
Lot Size | 0.34 AC / 14,810 SF |
County | Shelby County |
Building Information for 374 North Dunlap Street
Stories1Residences10Year Built1959Building Size-Lot Size0.34 AC / 14,810 SF
Property Information for 374 North Dunlap Street
Property History for 374 North Dunlap Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 374 North Dunlap Street
Taxable ValueLand$11,880Additions$14,960Total$26,840
Tax Record2023$1,635 ($136 / month)
Home Facts
Baths3Total Finished SqFt2,000 SqFtAbove Grade Finished SqFt2,000 SqFtStories1Lot Size14,810 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningRU-1CountySHELBYAPN051-014- - -00047Fireplace TypeHas Fireplace
Schools near 374 North Dunlap Street
This home is within Shelby County Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Bruce Elementary School PublicPK to 5 | ||
Humes Preparatory Academy Middle School Charter6 to 8 | ||
Manassas High School Public9 to 12 | ||
Carnes Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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