Affordable $140k Detached Home for Sale in Heart of Shinjuku

A charming 3K detached home is now available in the highly desirable Wakaba 3 neighborhood of Shinjuku, one of Tokyo’s most vibrant wards. Priced at an affordable ¥21.8 million (approximately $140,000), this wooden two-story residence built in January 1955 offers incredible value and an accessible entry into the competitive Tokyo housing market.

Location and Transportation

Conveniently situated just a 9-minute walk from the JR Chuo Line’s Shinanomachi Station and a 15-minute walk from Yotsuya Station, this property provides easy access to Tokyo’s extensive public transportation network.

The Chuo Line enables quick travel to major employment and entertainment hubs like Shinjuku (2 stops, 4 minutes) and Tokyo Station (7 stops, 18 minutes).

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Living Space and Layout

The home features a functional 3K layout, with three multi-purpose rooms that can flexibly serve as bedrooms, living areas, or a home office. Its total building area of 57.39 m² (617 sq ft) feels spacious by Tokyo standards. The property sits on a 34.08 m² (367 sq ft) plot of land, with co-ownership rights to a 100.16 m² private road.

Neighborhood Amenities

Wakaba 3 provides a pleasant residential environment with ample local amenities. Public elementary and junior high schools are within a 10-minute walk. A convenience store is nearby for quick purchases, though larger supermarkets require a trip to neighboring Yotsuya. The area is well-patrolled by police and brightly lit at night, providing a sense of safety and security.

Utilities and Maintenance

The home is equipped with city gas, public water and sewage. Building condition will require significant maintenance and repairs due to its age. However, the affordable price offers ample room in the budget to renovate the home to match one’s taste and needs. Be aware that the wooden structure and zoning restrictions mean the building cannot be reconstructed.

Purchasing Process

Century 21 Japan is the real estate brokerage firm handling the listing. Their English-speaking agents are available to assist foreign buyers in every step of the process, from property viewings and purchase applications to connecting with mortgage lenders and completing closing procedures.

With prices starting at around ¥30-40 million for even small condos in central Tokyo, this detached Shinjuku home priced under ¥22 million presents an extremely attractive opportunity.

For an American seeking an affordable option for putting down roots or establishing a pied-à-terre in Japan’s exciting capital, this Wakaba 3 property is unquestionably worth strong consideration.