Description
Invest in Space: Affordable 10DK+S Property with Potential
Presenting an extraordinary opportunity in Setochō Mantomi, Higashi-ku, Okayama! This spacious 10DK+S (Storage) house, located at 1137-8 Setochō Mantomi, Higashi-ku, Okayama, 709-0841, is available at an exceptionally low price of just $13,000 USD (with all purchase costs included). This remarkable value, combined with its generous size and convenient location near Mantomi Station, makes it a fascinating prospect for both value-seeking residents and investors looking for a project with significant potential.
This wooden, 2-story property, built in January 1960 (approx. 65 years old), offers a substantial building area of 252 m² (2707 sq ft) on a land area of 234 m² (2515 sq ft). The expansive 10DK+S layout provides an abundance of rooms, offering incredible flexibility for large families, multi-generational living, or creative use of space such as home offices, studios, or hobby rooms. The house features two toilets, a bathroom, and a kitchen on the first floor, along with a dedicated storage room.
Basic utilities including public water, public sewer, and individual LPG (Propane Gas) are available. Parking space is provided for 2 cars.
The property is currently vacant and available for immediate handover, allowing for a swift acquisition process. It is situated within a quiet residential area, offering a peaceful living environment. Access to public transport is convenient, with JR Sanyo Main Line Mantomi Station just a 17-minute walk away, a manageable distance for daily commuting or using public transport.
Important Considerations: Please note that this property is located within a Sediment Disaster Special Warning Area and the building is currently unregistered. Prospective buyers and investors should thoroughly investigate these factors as part of their due diligence.
Despite the low price reflecting its age and condition, this property’s location in Okayama’s Higashi Ward offers surprising access to regional attractions, making it potentially appealing for future use, including as a base for exploring the area or as a unique rental property (subject to renovation and necessary approvals). Within approximately a 30-minute drive, you can reach:
- Okayama Castle & Korakuen Garden: Explore the historic castle and one of Japan’s top three landscape gardens in central Okayama City (approx. 20 mins drive).
- Kurashiki Bikan Historical Quarter: Wander through the beautifully preserved canal area, white-walled buildings, and charming shops in Kurashiki City (approx. 30 mins drive).
- Bizen City & Setouchi Coast: Discover the famous Bizen pottery kilns or enjoy the scenic coastal drives and views towards the Seto Inland Sea in areas like Ushimado (approx. 30 mins drive).
For residents, this is an opportunity to acquire a uniquely large home at an extremely affordable price in a quiet neighborhood, with walkable access to a train station. While renovation is likely required, the potential to customize such a spacious property is immense.
For investors, the price point is the primary attraction, offering significant leverage for a renovation project aimed at the rental market (long-term or potentially unique short-term rentals, given proximity to tourist spots) or for resale after value-add renovations. The size, location near the station (for a rural area), and potential to attract tenants seeking more space make it a compelling, albeit potentially complex, investment. The inclusion of the land area over 50 tsubo also adds potential value.
In conclusion, this 10DK+S property in Setochō Mantomi presents a rare chance to acquire a large, two-story house at an incredibly low price. While due diligence regarding its condition, unregistered status, and location within a warning area is crucial, its size, quiet setting, and proximity to Mantomi Station and major Okayama attractions offer significant potential for those seeking a unique home or an intriguing investment project.
Details
AJ250010
10
1
252 m²
234 m²
1
1960
Floor Plans
Sprawling 10 Room House with Versatile Floor Plan
Description:
Layout: 10DK+S. This is a very large two-story property featuring a total of ten rooms plus a Dining Kitchen and Storage (S). The first floor includes a spacious Dining Kitchen (9 Tatami mats), a Western-style room (7 Tatami mats), five Japanese-style rooms (ranging from 4.5 to 8 Tatami mats), a bathroom, two toilets, and a storage area (2 Tatami mats). The second floor contains four additional Japanese-style rooms (ranging from 3 to 6 Tatami mats) across potentially two separate sections. This layout offers extensive space and flexibility.
10
1
Features
Additional details
- Layout: 7 rooms, Dining & Kitchen
- Structure: Wooden, 2-story
- Building Area: 252 m² (2,707 ft²)
- Land Area: 234 m² (2,515 ft²)
- Nearest Station: 17 min walk to Mantomi Station
- Parking: Space for 2 or more cars
- Features & Equipment: 1 Toilet, Bathroom, Kitchen (1F), Public Water, Public Sewer, Individual LPG, Storage Room (S)
- Utilities: Public Water, Public Sewer, Individual LPG (Propane Gas)
- Orientation: Not specified (Road access: South-West)
- Tags / Highlights: Available Immediately, Vacant House, Large Land (over 50 tsubo), Quiet Residential Area, 2-Story, Located in Sediment Disaster Special Warning Area (Note), Unregistered Building (Note)
Address
- Address 1137-8 Setochō Mantomi, Higashi-ku, Okayama
- City Okayama City
- State/county Okayama
- Zip/Postal Code 709-0841
- Area Higashi Ward (Okayakma)
- Country Japan
