MULTIFAMILYRADAR
7-Unit Multifamily in Longview, TX, photo 1
Owner financingHigh yieldStabilized
$239,000

7-Unit Multifamily in Longview, TX

TX · listed Aug 9, 2026 (80 days)

Price per unit compared
This property$34K
Within ~40 mi (62)$32K
Texas median (1,196)$92K
$/unit
$34,143
▼ 63% vs TX · 7th pct
Cap rate
—
 
NOI
$41K
$5,914/unit/yr
Units
7
7 bldg · 1943

Financials

Asking price
$239,000
Price per unit
$34,143
Price per sq ft
$71
Gross rent / year
$64,800
Net operating income
$41,398
NOI per unit
$5,914
Cap rate
Not stated
Gross yield
27.1%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
7
Unit mix
Not stated
Buildings
7
Year built
1943
Building size
3,357 sq ft
Avg unit size
480 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Available

Listing

Listed
Aug 9, 2026
Days on market
80 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1144

About this property

INCOME-PRODUCING RESIDENTIAL PROPERTY Seller is reviewing offers over the next few days. Please bring your back-up offers...... Unique Longview Opportunity! Seller Financing Available with $20K Down Exceptional flexibility and cash-flow potential in Longview! Spanning 3,357 sq ft across multiple structures on a mature 0.23-acre lot, this unique property offers an incredible layout for house-hackers, multi-generational living, or seasoned investors looking for established residential income. 10% discount offered for all-cash buyers! Property Highlights: Income Potential: Historically operated with multiple residential living spaces, currently generating ~$5,400 per month in gross rental income ($64,800 annually). Flexible Layout: Ample space across main and auxiliary structures for multi-unit rental configurations or owner-occupant living with income generation. All-Cash Special: 10% discount available for all-cash offers. Financing Terms: Seller financing available with $20,000 down. if seller financing option is selected. Utilities & Parking: Off-street driveway access; full City of Longview water, sewer, electric, and gas utilities. Location: Prime convenience with easy access to the S. Green St. and S. Mobberly Ave. corridors. Seller Support: Seller is willing to provide up to 60 days of post-closing transition assistance for a smooth operational and tenant handoff. Zoning & Usage Disclosure: Property is zoned SF-5 (Single-Family Residential). Buyer to independently verify all permitted uses, non-conforming status, occupancy limits, and zoning compliance with the City of Longview during the inspection period. Financial statements and rent rolls available to qualified buyers upon request. Showing Terms: To minimize tenant disruption, initial showings are strictly limited to the exterior and one designated vacant unit. Access to occupied spaces will be provided upon an accepted purchase contract with standard tenant notice.

Location

Approximate area. The exact address is shared on request.

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