1420 W 37th Avenue

Perched high above the street with an unmistakable Victorian silhouette, this towering old home feels like something straight out of the Pink Palace in Coraline—a whimsical, character-filled structure you simply can’t reproduce at today’s construction costs. With four total units and RP-5 zoning, the property offers rare density and future flexibility at just $269,000, creating an extremely attractive price per door. The large detached garage adds storage or potential income, and the building can be delivered occupied for immediate cashflow or vacant for a reposition or renovation strategy. The photos shown are of a freshly turned upper 1-bedroom unit with new carpet, while the other units are currently tenant-occupied. With its elevation, architecture, and zoning already aligned for small multifamily, this is a standout opportunity for an investor who understands the upside.