Creative Ways To Monetise Unused Spaces In Your Rental Property

Creative Ways To Monetise Unused Spaces In Your Rental Property
Extra storage, garages, and even your driveway can bring in income. Here’s how to turn dead space into real dollars.
Make Money Off Space You’re Not Even Using
You don’t need to raise rent to increase income. If you’ve got garages, basements, sheds, or even wide driveways — you’ve got profit potential. Here’s how smart landlords turn every inch of their property into cash:
1. Rent Out Storage Space
Tenants, neighbours, or local businesses will pay for secure storage. A clean basement or detached shed can bring in $50–$200/month. List on platforms like Neighbor.com or simply offer it as an add-on for current tenants.
2. Lease Driveway or Parking
If you're near downtown areas or transit, people will pay to park — even just during work hours. Use apps like Spacer or CurbFlip. Or include it in rent as a paid upgrade.
3. Add Paid Laundry Machines
If you manage a duplex, triplex, or small building — shared laundry can become a cash-positive amenity. Coin-op or app-based laundry setups can easily pull in an extra $50–$150/month.
4. Charge for Pet Amenities
Add a fenced area or a pet washing station? That can justify a $25–$50/month premium per tenant with pets.
Systemise It All With Ease
Want to keep track of all this extra income, manage add-on services, and invoice tenants clearly? That’s what PropertySea.app is made for. Manage custom charges, schedule access, and collect payments all in one place. Try it free here →
Final Thoughts
Your property might be making you less than it could. Look at your space like a portfolio — every corner can earn if you think creatively and systemise it smart.
Related Blog
- 04/23/2025 4-min read
How To Set Up AUTOMATIC Rent Increases (Without Starting Tenant Revolts!)
Want your rental income to keep growing year after year? Here's how to bake in rent raises the smart way — and keep great tenants happy!
Read More- 06/13/2025 2-min read
How To Partner With Local Businesses To Make Extra Income From Your Property
Have extra wall space, signage, or a prime location? Local businesses may pay to use your property — here’s how to set it up.
Read More