$229,900

About this home

Located just off South Street in one of Auburn’s most consistently performing rental zones, 44 Chedell Place offers a rare opportunity to secure a portfolio-grade, income-producing asset with over 5, 100 square feet of rentable space. With four well-maintained units, long-term tenancy, and a walkable central location, this property delivers both operational strength and long-view potential. The building is configured as three one-bedroom units and a fourth unit with an additional bonus room—ideal for office or flex space. Each apartment features a full kitchen, defined dining and living rooms, and original hardwood floors throughout—a high-durability finish that supports ease of ownership. A full unfinished attic provides additional square footage with potential for future development—whether for added storage, expansion, or conversion (subject to local approvals). A 4-bay carport, covered front and rear porches, and a full basement with clean mechanical access round out the infrastructure. The property is fully occupied with reliable, long-term tenants. Steady income, low historical turnover, and efficiency-focused layouts make this a strategic acquisition for buyers focused on capital preservation, scale, and consistency. Financials available upon request. This is not a project. It’s a performance-driven hold in a market where assets like this rarely trade. Showings by appointment only. Please do not disturb tenants.

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Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Quick facts

At a glance

Home features

Lot features

Rectangular, RectangularLot, ResidentialLot

Schools

Neighborhood — 13021

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability