3459 DEKAIB AVE

18,500 SF Multi family building sits on a 5,000 square foot lot. It is a five-story building constructed in 1922, comprising 26 residential units. The property is zoned R7-1, which typically allows for medium-density residential development. Property is situated in the Norwood neighborhood, it offers excellent access to public transportation, making it a convenient location for residents.
Location Description
These high-density city neighborhoods are characterized by a relatively young foreign-born population who have embraced the American lifestyle, yet retained their cultural integrity. To support their lifestyle, City Strivers residents commute long distances to find work in the service, healthcare, or retail industry. Their hard-earned wages and salary income goes toward relatively high rents in older multiunit buildings. Single parents rely on this close-knit community to provide invaluable support while they work. City Strivers consumers are bold in their purchasing decisions; they seek out deals on branded clothing, sometimes indulge in restaurants and personal services, and splurge on their cable TV package.

Densely populated neighborhoods located primarily in New York, Boston, Washington, or Chicago. Primarily renters living in older, multiunit structures built before 1950; smaller buildings with 2–4 units the most popular in this market; relatively high rental rates at more than $1,100 monthly. A blend of family households, married couples and single parents with younger or adult children, as well as single-person households; average household size 2.78. Work outside their county of residence, with almost one-fourth commuting 60 or more minutes to work; average travel time to work of 38 minutes the highest of any Tapestry market; use of public transportation common.