Listed by Dimitrios Lynch Jr. of ExecuHome Realty
Approved 6-unit redevelopment opportunity. Estimated 3,700 sq. ft. three-level end-of-block building with approval for a 6-unit apartment building. Seller has invested over $60,000 and completed the difficult early-stage work, including full gut-out, new subfloors on the main, second, and third levels, a new roof, and new rear siding. This property was previously in shell condition - you could stand in the basement and see the sky - and it has now been stabilized and is ready for development. Seller has obtained the Mayor's Office sign-off for the proposed 6-unit use. Approval letter and architectural drawings are available in the document section. Buyer to verify all permits, zoning, construction costs, unit count, rents, and final use. Seller estimates approximately $350,000 is needed to complete the project, with potential rents around $1,100/month per unit and an after-repair value of $700,000+. Seller previously renovated and sold a nearby 6-unit building at 615 N. Carrollton for $900,000. Act now - seller is currently waiting on permit approval and may likely choose to keep the property once permits are issued. Property is being sold strictly As-Is.

Listing Tools

Property Details of 2044 Walbrook Avenue

Property Details

Interior Features

Utilities and Appliances

Community

Map Location

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Beiler-Campbell Realtors participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 9, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to be contacted by Beiler-Campbell Realtors via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.