MULTIFAMILYRADAR
This property is no longer available. Similar buildings are listed below.
5-Unit Multifamily in Clarksville, TX, photo 1
Value-add
$249,900

5-Unit Multifamily in Clarksville, TX

TX · listed Jun 2, 2026 (148 days)

Price per unit compared
This property$50K
Within ~40 mi (7)$58K
Texas median (1,029)$100K
$/unit
$49,980
▼ 50% vs TX · 5th pct
Cap rate
—
 
Gross yield
8%
 
Units
5
1 bldg · 1969

Financials

Asking price
$249,900
Price per unit
$49,980
Price per sq ft
$84
Gross rent / year
$20,100
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
8%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
5
Unit mix
all one-bedroom, one-bath units
Buildings
1
Year built
1969
Building size
2,970 sq ft
Avg unit size
594 sq ft
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Jun 2, 2026
Days on market
148 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2191

About this property

Exceptional investment opportunity! This well-maintained five-unit apartment building features all one-bedroom, one-bath units with separate electric meters, making management simple and efficient. Three of the units are currently occupied by long-term tenants, providing steady and reliable rental income. Two units are vacant—one has been fully remodeled with modern finishes, and the other is in the process of being remodeled. This property offers a great mix of stability and growth potential, combining immediate income with room to increase returns through continued improvements. Located in a desirable area with strong rental demand, this multi-unit property is ideal for investors looking to expand their portfolio with a solid, income-producing asset.

Location

Approximate area. The exact address is shared on request.

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