This multi-family investment property sits on a large corner lot and offers exceptional opportunity. The downstairs unit is currently rented at $1,200/month plus all utilities and features two bedrooms, two living rooms, a kitchen, and a covered back patio. The upstairs has been fully gutted and is ready for renovation, allowing the next owner to add value. Two garages have been built: a 24x24 garage with a standard two-car door and a 26x36 garage with a 10-foot two-car door. The property also includes solar panels that runs all three buildings and will be turned on soon. They are leased at $70/month for 25 years, providing approximately 125% of the typical energy usage. City approval is in place to tear down the structure and build a duplex, offering even more potential. A prime opportunity awaits!

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Based on information submitted to MRED as of August 25, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Property Details of 506 West Reynolds Street

Property Details

Basic Information

Building

Location

Interior Features

Bedrooms

Basement

Utilities and Appliances

Utilities and Appliances

Community

Schools

Other Details

Finance

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

4 Sale Realty Advantage LLC