1 / 305-Unit Multifamily in Greenville, TX
TX · listed May 4, 2026 (177 days)
- $/unit
- $130,000
- ▲ 30% vs TX · 65th pct
- Cap rate
- —
- NOI
- $50K
- $9,900/unit/yr
- Units
- 5
- 1 bldg · 1910
Financials
- Asking price
- $650,000
- Price per unit
- $130,000
- Price per sq ft
- $117
- Gross rent / year
- $68,000
- Net operating income
- $49,500
- NOI per unit
- $9,900
- Cap rate
- Not stated
- Gross yield
- 10.5%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- four 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit
- Buildings
- 1
- Year built
- 1910
- Building size
- 5,544 sq ft
- Avg unit size
- 1,109 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 4, 2026
- Days on market
- 177 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1289
About this property
Well-maintained, income-producing multi-family property located at (address on request)reet in the heart of Greenville, Texas. This attractive asset features five total units, including four 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit, offering a desirable mix for tenant demand. Generating $5,875 in monthly rental income on average, this property provides immediate cash flow with strong upside potential. The layout and unit mix appeal to a wide range of tenants, helping support consistent occupancy. Situated in a convenient location with easy access to major roadways, shopping, dining, and local amenities, this property is ideal for both seasoned investors and those looking to expand their portfolio. Whether you're seeking a turnkey investment or value-add opportunity, this property offers a compelling combination of cash flow, unit mix, and location. It is within walking distance to the Texan Theater, Restaurants, & Workout Facilities. Units A, B, C, D available for showings. Unit E is occupied and viewable with executed contract.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Greenville, TXStabilized | $795K | $159K$159K | 7.3% |
Greenville, TXStabilized | $1.55M | $310K$310K | 7.5%gy |
Greenville, TXStabilized | $800K | $160K$160K | 7.2% |
Greenville, TXOwner financingStabilized | $2.78M | $164K$164K | 8.7%gy |
Greenville, TXStabilized | $1.95M | $217K$217K | — |
Commerce, TX▼ 13% cutStabilized | $4.1M | $158K$158K | 5% |





