House for sale • 420 m² without real estateDetmolder Straße 407 Bielefeld Bielefeld Nordrhein-Westfalen 33605

For sale is an attractive multi-family house with a total of 6 residential units in Bielefeld that offers an interesting combination of existing rental income, completed modernizations, and further development potential. The property is particularly suitable for institutional investors and current owners who are looking for a property with additional potential for value appreciation.

The multi-family house has a total of 6 residential units, which are in various states of modernization. Many parts of the building, as well as one apartment, have already been extensively upgraded and now present a contemporary and appealing condition. The modernized and very well-maintained staircase with bright wall surfaces, modern accents, and stair treads in a wood-look was completely redone this year.

In recent years, and especially in 2026, extensive investments have already been made in the building and the communal areas.

The facade was insulated in 2026 and subsequently completely repainted in a modern finish from all building sides. As a result, not only has the exterior appearance of the multi-family house been significantly enhanced, but an investment was also made in the building’s energy efficiency.

In addition, the basement area has been completely renovated. The basement floor was newly sealed and the wall surfaces were refurbished and repainted.

The staircase and the communal areas were also modernized. All the windows in these areas were replaced. Bright wall surfaces, modern accents, and stair treads in a wood-look contribute to a neat and contemporary overall impression. The entire communal space of the building now presents itself in a modern, bright, and appealing manner.

Five out of the 6 apartments are still in need of renovation or modernization. For the future owner, this presents the opportunity to gradually further develop the building and to realize additional potential for value appreciation when tenants change.

Another plus is the generous balconies at the rear of the building as well as the available green and open spaces. The balconies offer residents an attractive additional living value and support long-term good rental prospects.

Currently, the property generates a net cold rent of approximately €2,580 per month, corresponding to a current annual net cold rent of around €30,960.

At the same time, there is interesting potential for increasing the rent. In four of the six apartments there is—subject to the respective legal requirements and the rent index—the potential to adjust the existing rents by up to 15%.

Additionally, the currently vacant apartments can be newly let. After carrying out the possible rent adjustments and re-letting of the vacant units, a monthly net cold rent of about €3,800 is being targeted in the short term.

This corresponds to a potential annual net cold rent of approximately €45,600, which means an additional yield potential of around €14,640 per year compared to the current rent level.

The multi-family house is located in 33605 Bielefeld-Stieghorst and impresses particularly with its very good transport connections and the well-developed infrastructure in its immediate environment.

Detmolder Straße is one of Bielefeld’s important traffic arteries and, as part of the B66, provides a direct connection towards downtown Bielefeld as well as to the A2 motorway. The Bielefeld-East interchange can be reached in a short drive. This offers a clear locational advantage especially for commuters and tenants who need to be mobile within the Ostwestfalen-Lippe region. (Wikipedia)

The connection to public transport is also very good. Stops are located in the immediate vicinity, providing a comfortable connection to the city center and other Bielefeld districts. Location data also indicate a very good accessibility to public transport in the area. (Street Directory)

Everyday needs are also excellently catered for. Various supermarkets and shopping opportunities are located nearby, including, for example, Lidl on Detmolder Straße and Kaufland Bielefeld-Sieker. Schools, doctors, pharmacies, and other everyday facilities are also available in the immediate vicinity. (Street Directory)

In addition to the good infrastructure, the location also offers quick access to the surrounding green and recreational areas. Thus, the location combines an urban and well-connected setting with short distances to leisure and relaxation opportunities.

For investors, the combination of good accessibility, well-developed infrastructure, public transport connections, and proximity to important traffic arteries is particularly interesting. The location, therefore, offers excellent prerequisites for the sustainable rental of the six residential units.