Degenfeldstraße 11

Built in 1890, this apartment building is located on Degenfeldstraße, a quiet Gründerzeit residential neighborhood in Karlsruhe’s Oststadt district, not far from Durlacher Allee. Tram lines 1 and 2, with the Gottesauer Platz stop, are within walking distance, and the KIT East Campus and the city center’s amenities are in the immediate vicinity. The building, which has a full basement, comprises nine residential units and one commercial unit in the rear building, covering approximately 744 m². Following its acquisition in 2021, the Karlsruhe Building Authority granted a building permit in January 2023 to change the use of the rear building from storage space to residential housing, thereby creating additional residential units. The annual net rent (excluding utilities) has increased significantly since the acquisition.