For sale Home

Listed Mar 27, 2026

$199,000 Est. $1,316/mo

309 South Coler Avenue

  • 4

    Beds

  • 2

    Baths

  • 1,471

    Sq ft

The story

  • Basement

Excellent near-campus investment opportunity with stable rental income and strong long-term appeal. Located in a desirable area close to campus, this property is well positioned for consistent tenant demand and dependable cash flow. The current lease generates $1,575 per month through July 2026, with rent increasing to $1,665 per month through July 2027, offering immediate income and scheduled revenue growth. Ideal for investors searching for a reliable near-campus rental property, income-producing asset, or well-located addition to a real estate portfolio.

Facts & features

Home type

Home

Year built

1908

Price per sq ft

$135

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Natural Gas, Forced Air

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,316 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,059
  • Property tax $199
  • Insurance $58

Includes principal, interest, taxes & insurance.

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Listing Broker

JOEL WARD HOMES, INC

Broker Name

JOEL WARD HOMES, INC

Agent

Nicholas Ward