Everton Quadplexes

Everton Fourplexes is a clean, well-maintained package of two side-by-side fourplexes totaling 8 spacious 1-bedroom/1-bath units in the desirable Park Hill School District north of the river. Built in the 1980s, the buildings have been thoughtfully kept up, with all units recently made-ready for new tenants. Each apartment offers generous living space, its own private outdoor area, and modern functionality including in-unit washer/dryer.

The properties feature fully sub-metered utilities, brand new staircases and landings, and two attached garages that can be leased to tenants for additional income. This setup provides excellent operational efficiency and strong tenant appeal in a stable, family-oriented Northland neighborhood.

With solid in-place performance, low-maintenance 80s construction, and clear rent growth potential through higher-end finishes, Everton Fourplexes delivers reliable cash flow today and meaningful upside for an investor looking for a manageable, turnkey package with great financing options (two 30-year fixed residential loans).

Why We Love It: 80s construction, in-unit washer-dryer in all units, and great financing with two 30-year fixed residential loans. Two garages on site can be leased up to any of the four units since they are not attached to either one. Brand new staircases and landings in a great location.
The Challenge:  All units are 1 bedrooms, there is garage parking for 2/4 units but not a garage spot for each tenant. The exteriors could use a little TLC to the siding in the coming years.
The Value-add Play: Get units up to market rents and manage for operational efficiency. Rents can be pushed with a higher-end finish.