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$685,000
Est. payment /mo
8 Beds
4 Baths
5,566 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
Square Footage 5,566 sqft
Price per Sqft $123
Subdivision T W Jones
MLS Listing ID 26004225
Bedrooms 8
Year Built 1940
Annual Tax Amount $8,445
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Fully occupied and within walking distance to Downtown Tyler, this charming, newly renovated 6-unit apartment building sits on the brick streets of Chilton Avenue. The classic red brick exterior and historic character pair with modern interior updates throughout. The unit mix includes four (4) 2BR/1BA units and two (2) 1BR/1BA units, along with six covered parking spaces located behind the building. Interiors feature newer luxury vinyl plank flooring and well-appointed kitchens with refrigerator, oven/range, dishwasher, and walk-in pantry. In the 2-bedroom units, both bedrooms offer large wall-to-wall closets and ceiling fans, plus an additional hall closet for extra storage. The property also includes brand-new coin-operated laundry, providing an added amenity for residents and an additional income source. The four 2BR/1BA units share a secured front common entry, with separate rear exits at the back of the building. Tenants pay their own electric. Landlord pays water and gas, with tenants paying a monthly fee toward gas and water. A turnkey opportunity in a strong, in-demand location near Downtown Tyler. Annual gross income of $76,916.
Location
State TX
County Smith
Zoning Multi Fam Dwelling 2 ½ St
Interior
Heating Central Gas
Cooling Central Electric
Fireplaces Type None
Exterior
View Y/N No
Building
Foundation Slab
Schools
Elementary Schools Peete
Middle Schools Hubbard
High Schools Tyler Legacy
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Listed by Cole Ihrig • P&I Real Estate Management
Nearby School & Business
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