MULTIFAMILYRADAR
22-Unit Multifamily in Greenville, TX, photo 1
New
$3,740,000

22-Unit Multifamily in Greenville, TX

Hunt County, TX · listed Oct 26, 2026 (2 days)

Price per unit compared
This property$170K
Within ~40 mi (48)$125K
Texas median (1,035)$100K
$/unit
$170,000
▲ 70% vs TX · 80th pct
Cap rate
4.8%
▼ 2.5 pts vs TX median
NOI
$180K
$8,182/unit/yr
Units
22
4 bldg · 2013

Financials

Asking price
$3,740,000
Price per unit
$170,000
Price per sq ft
$141
Gross rent / year
Not stated
Net operating income
$180,000
NOI per unit
$8,182
Cap rate
4.8%
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
22
Unit mix
Not stated
Buildings
4
Year built
2013
Building size
26,600 sq ft
Avg unit size
1,209 sq ft
Lot size
3.9 acres
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Oct 26, 2026
Days on market
2 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2244

About this property

22 Townhomes presents a compelling investment opportunity in the growing Northeast Texas market of Greenville. Located at Baylor Dr and Jack Finney in Greenville, Texas, this modern 22-unit community offers attractive single-story townhomes designed for today’s renters. Each approximately 1,400-square-foot unit features 3 bedrooms, 2 bathrooms, and a 2-car private garage, combining spacious layouts with high-demand residential amenities. Interior finishes include granite countertops, oversized kitchen islands, stainless steel appliances, durable LVP flooring, private primary suites with walk-in showers, and generous closet space. The community also benefits from energy-efficient construction, brick and stone front elevations, solid concrete driveways, sidewalk access, and professional landscaping. Positioned roughly 50 miles northeast of Dallas along I-30, Greenville continues to attract residents with its affordability, small-town charm, and expanding employment base, including major employers in aerospace, healthcare, education, logistics, and advanced manufacturing. With an asking price of $3,740,000 and projected Year 1 NOI of $180,000, 22 Townhomes offers investors the chance to acquire a well-designed, low-overhead rental community in a market built for long-term growth.

Multifamily | 22 Units | $170,000/unit

Highlights

  • Single-story units, approximately 1,400 sq. ft. per unit.
  • Granite countertops with oversized kitchen islands
  • Stainless steel appliances High durability LVP flooring
  • Private primary suites with walk-in showers
  • Highly insulated, energy efficient construction
  • Brick and stone front elevation
  • Solid poured concrete driveways and sidewalk access
  • Multi-car private garages for each townhome
  • Professional landscaping Low-overhead, weather-resistant finishes

Location

Approximate area. The exact address is shared on request.

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