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$139,000
Property details
Type
Land
MLS #
MFR781842075
Listed
Feb 5, 2026
Days on market
5
HOA
No
Pool
No
County
Marion
Data source
Stellar MLS
About this home
Attention investors and developers. The county allows up to 12 units, up to three stories, making this a highly attractive multifamily development opportunity. City water and sewer will be required. Strong rental demand in the area. Average rents for 2-bedroom, 2-bath units are approximately $1,500 per month. At full capacity, 12 units could generate around $18,000 per month, or approximately $216,000 annually in gross rental income. Excellent potential for cash flow and long-term appreciation in a growing market. Ideal project for investors seeking high-return multifamily development.
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Listing courtesy of the listing agent
Data from Stellar MLS. MLS #MFR781842075.
Information deemed reliable but not guaranteed. All listings are subject to prior sale, change, or withdrawal.
Neither the listing broker(s) nor Vectis by Wolliz shall be responsible for any typographical errors, misinformation, or misprints.
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