118 S Beverly, Tyler, TX 75702
118 S Beverly, Tyler, TX 75702
118 S Beverly, Tyler, TX 75702
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$150,000
Est. payment /mo
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10 Beds
8 Baths
4,000 SqFt
New

118 S Beverly Tyler, TX 75702

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $37

Subdivision City Of Tyler

MLS Listing ID 26013107

Bedrooms 10

Full Baths 8

Construction Status Pre-owned

HOA Y/N No

Year Built 1920

Tax Year 2026

Property Sub-Type Single Family Residence

Source Greater Tyler Association of REALTORS

Property Description

7-Unit Multifamily Investment Opportunity Near Downtown — Opportunity to acquire a 7-unit multifamily property priced at just $150,000, offering significant income and value-add potential. With over 4,000 square feet, 10 total bedrooms, and 8 bathrooms, the property consists of five units in the main building plus two additional units in a separate guest house. With gross rent potential north of $5,000 per month, there is plenty of upside for an investor willing to put in some work. The property needs a little love, but improvements and better management could provide an opportunity to increase rents, improve operations, and build equity. Conveniently located near downtown, giving tenants easy access to employment, shopping, dining, and everyday amenities. At this price point, investors are getting 7 units, 10 bedrooms, 8 bathrooms, two structures, 4,000+ square feet, and $60,000+ in potential annual gross rental income—a compelling value-add opportunity for the right buyer.

Location

State TX

County Smith

Interior

Interior Features Paneling

Heating Central/Electric

Cooling Central Electric

Fireplaces Type Other

Furnishings Pre-owned

Appliance Electric Range

Exterior

Fence None

Pool None

Utilities Available Cable Available

Roof Type Composition

Porch Patio, Covered

Building

Story Two

Sewer Public Sewer

Construction Status Pre-owned

Schools

Elementary Schools Bonner

Middle Schools Moore

High Schools Tyler High

School District Tyler High

Others

Senior Community No


Greater Tyler Association of Realtors (GTAR)
Listed by Tyler Martin The Brian Chinn Team, eXp Realty

NEARBY SCHOOL & BUSINESS

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Kelly Laine Haney

Kelly Laine Haney

REALTOR License ID: 709314

+1(903) 714-5503

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118 S Beverly