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$150,000
Est. payment /mo
4,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $37
Subdivision S190148 - City Of Tyler
MLS Listing ID 26012047
Construction Status Pre-owned
HOA Y/N Yes
Year Built 1920
Tax Year 2026
Property Sub-Type Quadruplex
Source Greater Tyler Association of REALTORS
Property Description
Opportunity to acquire a 7-unit multifamily property priced CHEAP! Offering significant income and value-add potential. With over 4,000 square feet, featuring 10 total bedrooms, and 8 bathrooms across two structures, the property features five units in the main building plus two additional units in a separate guest house. With gross rent potential exceeding $5,000 per month, the numbers offer plenty of room for an investor willing to put in some work. The property could benefit from additional updates and improvements, creating an opportunity to increase rents, improve operations, and build equity. Conveniently located near downtown, providing tenants easy access to employment, shopping, dining, and other amenities. At this price point, investors are getting seven units including 10 bedrooms, and 8 bathrooms, two structures, 4,000+ square feet, and $60,000+ in potential annual gross rental income an opportunity with compelling upside for the right buyer.
Location
State TX
County Smith
Interior
Heating Central
Cooling Central Electric
Fireplaces Type Other
Furnishings Pre-owned
Exterior
Parking Features 1 Or More Per Unit, Paved, On Street
Utilities Available See Remarks
Building
Sewer Public Sewer
Construction Status Pre-owned
Schools
Elementary Schools Bonner
Middle Schools Moore
High Schools Tyler High
School District Tyler High
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Listed by Tyler Martin The Brian Chinn Team, eXp Realty
Nearby School & Business
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