Mahncke Park Fourplex – Value-Add Opportunity with Owner Financing

Outstanding investment opportunity in the sought-after Mahncke Park neighborhood. This fourplex may be purchased individually or as part of a larger portfolio, providing valuable flexibility for investors. Owner financing is available with favorable terms, creating an attractive and accessible acquisition option.

The property features four generously sized 1-bedroom, 1-bath units, each offering washer and dryer hookups and functional floor plans designed to attract a wide tenant base. Each unit showcases distinctive architectural details from the 1930s, delivering timeless charm and character rarely found in newer properties.

Covered parking is conveniently located onsite, with one dedicated space per unit, enhancing tenant convenience and overall appeal. With deferred maintenance and cosmetic improvements, this property presents significant value-add potential and the opportunity to increase rental income while restoring its original character.

Interior photos represent the units during their most recent vacancy. This is a rare chance to acquire a value-add asset in one of the city’s most desirable and historic rental markets.

Property Features


     <> Exterior: Stone/Rock

     <> Exterior Features: Partial Fence

     <> Roofing: Composition

     <> Foundation: Pier & Beam

     <> Flooring: Ceramic Tile, Wood, Vinyl

     <> Total Units: 4

     <> Lot Size: 0.161

     <> Zoning: MF-33, NCD-6