About this home

7-Unit Multifamily Investment Opportunity Near Downtown - Opportunity to acquire a 7-unit multifamily property priced at just $150,000, offering significant income and value-add potential. With over 4,000 square feet, 10 total bedrooms, and 8 bathrooms, the property consists of five units in the main building plus two additional units in a separate guest house. With gross rent potential north of $5,000 per month, there is plenty of upside for an investor willing to put in some work. The property needs a little love, but improvements and better management could provide an opportunity to increase rents, improve operations, and build equity. Conveniently located near downtown, giving tenants easy access to employment, shopping, dining, and everyday amenities. At this price point, investors are getting 7 units, 10 bedrooms, 8 bathrooms, two structures, 4,000+ square feet, and $60,000+ in potential annual gross rental income-a compelling value-add opportunity for the right buyer.

Facts and features

Schools

• Bonner Elementary School

  elementary · K-5 · 0.2 mi

  8

• Moore MST Magnet School

  middle · 6-8 · 1.4 mi

  6

• Tyler High School

  high · 9-12 · 3.2 mi

  4

• St Gregory School

  elementary · PK-5 · 0.6 mi

• Caldwell Arts Academy

  elementary · K-8 · 0.6 mi

  9

• Douglas Elementary School

  elementary · K-5 · 1.1 mi

  5

Price history

• Nov 6, 2026 · Price Changed$135,000
• Sep 23, 2026 · Listed$150,000

Where it is