BASIC
Basic Rennovation
Need completely upgraded Toilet New Flooring New Wallet Fixed Roof
¥1,800,000 to ¥2,500,000
4 week estimate
Awaiting survey
5K Wood House in Ikejima 3, Minato-ku, Osaka
3 Ikejima, Minato-ku, Osaka City, Osaka Prefecture
Price
¥3,500,000
Layout
5K
Building
43.09 sqm
Land
33.94 sqm
Overview
Affordable 5-room wooden house in a convenient Minato-ku location near Asashiobashi Station. A renovation candidate offering proximity to shopping streets and schools.
This 5-room wooden house from 1971 is located in Ikejima 3, Minato Ward, Osaka City. It offers 43.09 sqm of living space on a 33.94 sqm lot close to Asashiobashi Station (13 minutes walk). The property is vacant and sold as-is, with no parking and rebuilding not allowed. Nearby amenities include supermarkets, shopping streets, parks, a pool, and schools within walking distance.
This listing is located in 3 Ikejima, Minato-ku, Osaka City, Osaka Prefecture. Buyers should compare the price against station access, road status, building age, renovation scope, utility condition, and intended use before treating the headline price as the real project cost.
Highlights
- Close to Asashiobashi Station (13 minutes walk)
- Located in established residential area Minato-ku
- Osaka
- 5-room layout suitable for family or renovation
- Near supermarkets
- shopping street
- and parks
- Wooden 2-story structure with system kitchen and storage features
Buyer fit
- Investors looking for renovation projects in Osaka
- Families seeking affordable centrally located homes
- Buyers looking for properties near metro access in Minato-ku
Important risks
- Built in 1971
- 54 years old
- may require renovation
- Rebuilding not permitted on site
- Small land area (33.94 sqm)
- No parking space available
- Sold as-is with no seller warranty
Buyer risk note
Ideal Homes listings are buyer education and marketing support, not final legal, tax, investment, insurance, or building advice. Verify registry, boundaries, roads, utilities, hazard maps, contract terms, renovation estimates, and building condition with qualified local professionals before purchase.
Buyer Guides For This Listing
Read our guide to buying akiya in Kansai
Understand vacant-home pricing, renovation risk, and the buyer workflow before shortlisting.
Understand renovation costs in Japan
Plan around roof, utilities, bath, kitchen, termite, electrical, and hidden-condition risk.
How utilities work after buying a home in Osaka
Check water, electricity, gas, and internet setup before move-in or renovation.
Foreign buyer due diligence checklist
Review registry, road, zoning, utility, hazard, and contract checks before signing.
Osaka property guide
Compare Osaka neighborhoods, transport, living convenience, and buyer-fit risks.
Photos
Location
The property is described as 3 Ikejima, Minato-ku, Osaka City, Osaka Prefecture. For overseas buyers, location review should include station access, daily shopping, road width, parking, emergency access, hazard maps, local contractors, and whether the area suits your intended residence or investment use.
Address
3 Ikejima, Minato-ku, Osaka City, Osaka Prefecture
Nearest station
Asashiobashi Station (Osaka Metro Chuo Line), 13 min walk
Parking
No parking available
Road access
4 sqm private road, west side 1.2 m wide
Property Facts
Property status
Awaiting survey
Publication date
28 Jul 2026
Internal reference
9a807e63ae803cabaa45cc15d7c4a649
Ownership
Freehold
Occupancy
Vacant
Structure
Wooden, 2-story
Floors
2
Building age
54 years
Annual property tax
¥35,000
Renovation And Investment
NICE
Renovation scenario
Scenario details require review.
¥0 to ¥0
LUXURY
Renovation scenario
Scenario details require review.
¥0 to ¥0
Use case
Rental Long Term
Project cost
¥2,000,000
Monthly rent
¥80,000
Net yield
17.4%
Investment figures are estimates only and require local professional verification.
Survey, Legal And Due Diligence
Neighbourhood notes
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Noise and sunlight
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Building condition
-
Utilities and interior
-
Safety concerns
-
Recommended checks
-
Legal and verification notes
Located in Quasi-fire prevention zone. Sold as-is. According to public registry. Seller not responsible for contract defects. Rebuilding not permitted. No parking. Annual property tax estimated approximately 35,000 JPY (AI estimate, please verify).
Ideal Homes KK is a legally registered Real Estate Agency in Japan and not permitted to provide false information on property listings, however all information is provided in good faith, but not guaranteed. Buyers must conduct their own due diligence.
Buying This Type Of Property
Is 5K Wood House in Ikejima 3, Minato-ku, Osaka suitable for foreign buyers?
It may be suitable if the location, access, renovation scope, ownership details, and utility condition match your intended use. Foreign buyers should verify the Japanese source documents and professional checks before treating this as a purchase-ready property.
What should I check before buying a 5K home in 3 Ikejima, Minato-ku, Osaka City, Osaka Prefecture?
Start with ownership, registry, road access, boundaries, zoning, hazard maps, utilities, building condition, insurance availability, renovation cost, taxes, and whether the intended use is legally and practically possible.
What renovation risks should I budget for?
For a property built 1971, buyers should consider roof, water damage, termite, electrical, plumbing, insulation, bath/kitchen replacement, structural, and contents-removal risk. The listed price is not the same as total project cost.
Can this property be used as a rental or investment?
Possibly, but rental use depends on location demand, renovation standard, legal use, management, insurance, taxes, tenant profile, and conservative yield assumptions. Treat any investment scenario as an estimate until reviewed locally.
What are the biggest known risk notes?
Built in 1971 54 years old may require renovation Rebuilding not permitted on site Small land area (33.94 sqm) No parking space available Sold as-is with no seller warranty
Member Comments
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Best For
Rental Investment
Income-focused buyers looking for rental demand and clear numbers.
Renovation Project
Upside potential for buyers ready to improve and personalize.
Yen Generator
Cashflow-led opportunity with income assumptions to verify.
Long Term Investment
Hold-focused asset with patient improvement and management plans.
5K Wood House in Ikejima 3, Minato-ku, Osaka
¥3,500,000