Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    4

  • 1/2 Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete, Vinyl Siding

  • Parking

    No Garage

  • Patio and Porch Features

    Patio

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Paved

  • Lot Size(acres)

    0.19

  • Property Type

    Residential

  • Property Sub Type

    Duplex

  • Architectural Style

    Duplex

Price

  • Sales Price

    $900,000

  • Tax Amount

    $4,271

  • Zoning

    City

  • Sq. Footage

    4, 432

  • Price/SqFt

    $203

HOA

  • Association

    No

School District

  • Elementary School

    Patronis

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Patronis

Middle School

Surfside

High School

Arnold

Listing Courtesy of Oscar D Forero , Coldwell Banker Realty

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Start 2026 with a strong, stabilized income property at 2605 Redwood Street, a well-maintained duplex consisting of two separate buildings, each featuring two apartments for a total of four units. This turnkey asset is fully leased and positioned to deliver immediate and reliable cash flow.
The property offers a desirable unit mix of spacious 3-bedroom and 2-bedroom apartments, each with 1½ bathrooms. All apartments have been renovated with new kitchen, new flooring throughout, and Energy saving appliances. appealing to long-term tenants and supporting consistent occupancy. All apartments have been recently renovated. Recent capital improvements significantly enhance the property's value and reduce near-term maintenance, including brand-new flooring throughout, A/C unit is less than 4 years old, the roof was replaced in 2019, part of the siding on each building has been replaced, a newly installed septic tank.
With all apartments currently rented, the property generates an estimated Net Operating Income of $70,000 annually, offering investors an attractive 7% cap rate. The combination of strong in-place income, recent upgrades, and minimal deferred maintenance makes this an ideal acquisition for investors seeking stable returns with limited operational risk.
Whether you're expanding an existing portfolio or entering the multifamily market, 2605 Redwood Street represents a compelling opportunity to secure a high-performing asset in the new year.
No signs on the property, please do not disturb tenants.

2605 Redwood Street

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