971 SE 22nd Ave presents an opportunity to acquire an 8-unit multifamily asset totaling 3,186 square feet. Constructed in 1957, the property offers investors a well-established residential building with a unit count that supports operational efficiency while maintaining a manageable scale. The RM-20 zoning designation provides a valuable foundation for continued multifamily use, making the asset well-positioned for both traditional rental operations and strategic value-enhancement initiatives.
The property's compact garden-style configuration creates an attractive investment profile for owners seeking stable cash flow from a diversified rent roll. With eight separate units housed within a single building, investors benefit from economies of scale while retaining the flexibility typically associated with smaller multifamily properties. The building's established construction and functional layout offer a platform for future upgrades that may support rental growth and increased asset value over time.
In addition to conventional multifamily operations, the property's size and unit mix may present opportunities for investors exploring short-term rental strategies, subject to applicable regulations and operational considerations. The combination of eight units, RM 20 zoning, and a proven multifamily format creates multiple pathways for income generation, positioning the asset as a versatile investment opportunity for buyers seeking both current revenue potential and long-term upside.