Need another deal breakdown.

[Dave Antonelli]

This is a 4plex in my area. He has it listed at 240 and its been on the market for almost a year.
Rents right now are 490,500,500,500.
Taxes:4000
Each unit is 2 bed 1 bath
Each unit gets garage stall
I dont know if this link will work but here it is http://bismarckmandanhomes.com/mls_detail?mls_number=305569

Why do you guys think no price drop in a year? Do you think he needs to get that for it? Or just is in no hurry to sell it because its paid for and making him money?