
7-Unit Multifamily in Longview, TX
TX · listed Aug 9, 2026 (80 days)
- $/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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Value-add | $1.15M | $48K$48K | — |
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