MULTIFAMILYRADAR
5-Unit Multifamily in Greenville, TX, photo 11 / 30
Value-add
$650,000

5-Unit Multifamily in Greenville, TX

TX · listed May 4, 2026 (177 days)

Price per unit compared
This property$130K
Within ~40 mi (80)$120K
Texas median (1,029)$100K
$/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.

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