Price $49,000
Status Active
Beds 3
Baths 1 Bath
Home size 1,006 sqft
Lot Size 6,099 sqft
Days on Market 2
Online & On-Site Auction! This is an exceptional investment opportunity to acquire one, two, three, or all four of these turnkey residential rental properties located in a strong rental market. All four homes feature well-maintained 3-bedroom, 1-bathroom layouts with updated interiors and are currently tenant occupied with long-term renters who wish to remain, providing immediate and consistent cash flow from day one. Current rental income includes 419 Southview Dr. at $1,150/month, 424 Southview Dr. at $875/month, 425 Southview Dr. at $900/month, and 523 S. Westwood Ave. at $875/month. These properties offer solid income-producing potential for both seasoned investors and those looking to expand their portfolio. The portfolio includes 523 S. Westwood Ave. (full basement, central air), 424 and 425 Southview Dr. (detached garages, central air), and 419 Southview Dr. (slab foundation). The auction will take place on June 11th at 4:00 PM, with preview and registration opening on-site at 2:00 PM. Each property will be sold individually with a minimum opening bid of $49,000 and will sell to the highest bidder over that amount. Terms include a 10% buyer's premium added to the final bid to determine the total purchase price and a non-refundable $5,000 deposit per property required on the day of the auction. Do not miss this rare "Caravan Style" auction event"”an outstanding opportunity to purchase multiple income-producing properties in one afternoon with built-in rental income already in place!
Property Type(s): Single Family
Last Updated 5/20/2026 Tract Southway Park
Year Built 1958 County Lucas

SCHOOLS

Elementary School Burroughs
Jr. High School None
High School Bowsher

Additional Details

AIR None
CONSTRUCTION Vinyl Siding
HEAT Forced Air, Natural Gas
INTERIOR Ceiling Fan(s), Eat-in Kitchen
LOT 6098 sq ft
LOT DIMENSIONS 50X120
PARKING Driveway
SEWER Public Sewer
STORIES 1
SUBDIVISION Southway Park
UTILITIES Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
WATER Public

Location

 

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Listed with Key Realty LTD

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than Whalen Realty & Auction, Ltd are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data last updated: 5/20/26 2:04 PM PDT

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