➡️ Or is this still a fragmented experience that everyone’s piecing together manually with Zillow, Rentometer, PropStream, spreadsheets, etc.?

Even on older multifamily in borderline neighborhoods, 7% after expenses is high.

The owner was an older gentleman who had made out well on is current portfolio but was reaching an age where he wanted to have more liquidity than assets.

Is there a property manager involved?

@Bruce Woodruff yes. the sound is audibly funneling down through the stairwell, I have addressed the floor/ceiling sound "4.

It is not.

The lot is on a hill, so not all of it is fully usable.While it’s R4 zoning, I understand the 32’ frontage likely limits multifamily development (e.g., tough to build two-family without a variance), so this may appeal more to buy-and-hold investors, rehabbers, or end-users rather than developers.The property is vacant and in significant disrepair.

Who is in charge of procurement?

And while I’m no fan of extended warranties, they charge 10% of sales price for 5 additional years. 6 years on a fridge with an icemaker is a good deal at $100-$120. 

I'm sure that in their world, creating value by increasing rents is normal.