Income-Producing Duplex – One Unit Vacant & Ready for an Owner-Occupant!
Discover a unique opportunity with this versatile two-unit duplex offering the perfect combination of owner-occupant potential and rental income. With one unit now vacant and the other tenant-occupied, a new owner can move into one side while immediately benefiting from rental income from the other—or add a new tenant and utilize the property as a full investment.
Each unit features 3 spacious bedrooms and 1 full bath, offering comfortable and functional layouts. The property sits on a 0.15-acre lot with both private driveway and on-street parking for added convenience.
Recent improvements include a roof approximately 2 years old, providing added peace of mind for the next owner.
Flexible zoning allows for residential, multi-family, or commercial use, creating additional possibilities for investors, owner-occupants, house hackers, or entrepreneurs looking for a live/work opportunity.
Located within the Downtown Development District, the property may also qualify for valuable incentives and revitalization programs, adding to its long-term potential.
Conveniently located near local amenities, shops, and major routes, this property offers an attractive combination of housing, rental income, flexibility, and future potential.
Whether you’re looking to live in one side and collect rent from the other, expand your investment portfolio, or explore the property’s flexible zoning possibilities, this duplex offers options that are increasingly hard to find.
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Listing Snapshot
Price
$399,000
Days On Site
187 Days
Bedrooms
6
Inside Area (SqFt)
2,688 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.15 Acres
Year Built
1940
MLS® Number
DEKT2045668
Status
Active
Property Tax
$1,557.65
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
a month ago
Listing updated with changes from the MLS®
6 months ago
Status changed to Active
6 months ago
Listing first seen on site
General Features
Acres
0.15
Foundation
Brick/Mortar
Parking
On StreetDriveway
Parking Spaces
2
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2688
SqFt Total
2688
Style
Traditional
Water Source
Public
Zoning
C2
Interior Features
Appliances
Gas Water Heater
Cooling
Window Unit(s)Electric
Electric
200+ Amp Service
Heating
Natural GasForced Air
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Exterior Features
Construction Details
Vinyl Siding
Pool Features
None
Roof
Shingle
Community Features
MLS Area
Lake Forest (30804)
School District
LAKE FOREST
Schools
School District
LAKE FOREST
Elementary School
Unknown
Middle School
Unknown
High School
LAKE FOREST
Listing courtesy of Iron Valley Real Estate at The Beach