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118 S Beverly

Tyler, TX 75702
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Bed 10

Bed

Bath 8

Bath

SqFt4,000

Sqft

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 ar e 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.

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Detail Ic Property Details

Property Type : Single Family Detached

Price : $150,000

AD Id : 91443751

MLS Id : 26013107

Beds : 10

Living Area Size : 4,000 Sq. Ft

Year Built : 1920

County : Smith

Subdivision: Tx

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 10 Description: Other/See Remarks

    Bathroom Information

    Total Baths: 8 Full Baths: 8 Description: 0
  • Room Information

    Rooms: 4 + Living Areas

    Interior Features

    Paneling,Cable TV Available
  • Equipment Information

    Range/Oven-Electric

    Heating & Cooling

    Heating: Central/Electric Cooling: Central Electric

  • Building Information

    Year Built: 1920 Construction: Wood Frame
  • Exterior Features

    Patio Open,Patio Covered

    Pool Information

    Pool Type: None

  • Lot Information

    Waterfront: No Main Square Feet: 4,000
  • Property Information

    SQ ft: 4,000 Subdivision: TX

  • Tax Information

    Tax Year: 2026 Taxes: $4,962.08

  • School Information

    Elementary School: Bonner Junior High School: Moore Senior High School: Tyler High
  • Fire Place Information

    Fire Place: None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
123 S Palmer Ave, Tyler, TX, 75702 $242,000 3 2 1,811 --
123 S Palmer Ave, Tyler, TX, 75702 $242,000 3 2 1,811 0.20 Acre
311 S Palmer Ave, Tyler, TX, 75702 $169,900 3 1 1,204 0.18 Acre
1513 E Lawrence St, Tyler, TX, 75702 $240,000 4 2 1,793 --
1421 E Front, Tyler, TX, 75702 $175,000 2 1 925 0.25 Acre
322 S Clayton, Tyler, TX, 75702 $165,000 3 1 1,736 --
1129 S Saleh Ave, Tyler, TX, 75702 $39,900 -- -- -- 0.43 Acre
1118 E Houston St, Tyler, TX, 75702 $1,150 2 1 1,024 --
1414 N Summit Ave, Tyler, TX, 75702 $174,999 4 1 1,503 --
1002 Normandy Ave, Tyler, TX, 75702 $269,900 1 2 3,008 --

All listings featuring the "Greater Tyler Texas Area" as the source are provided by "Greater Tyler Association of REALTORS®".. This information is not verified for authenticity or accuracy and is not guaranteed.

ByOwner last updated this listing 09/25/2026 @ 19:02

MLS: 26013107 LISTED BY: Tyler Martin, The Brian Chinn Team, eXp Realty 903-258-0170 SOURCE: GTAR - Greater Tyler Texas Association of Realtors

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