118 S Beverly |
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| Price: | $150,000 |
| Property Type: | Residential |
| MLS #: | 26013107 |
| County: | Smith |
| Year Built: | 1920 |
| Bedrooms: | Six+ |
| Bathrooms: | Four+ |
| Square Feet: | 4000 |
| Garage: | 0 |
| Elementary School: | Bonner |
| Middle School: | Moore |
| High School: | Tyler High |
| 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. | |
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STYLE Traditional
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SEWER
Public Sewer
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FENCING
None
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HVAC
Central Electric
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Interior Features
Paneling
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Kitchen
Electric Range
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Porch
Patio
Covered
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GAS
Cable Available
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FIREPLACE
Other
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Construction Materials
Frame
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Courtesy: Martin, Tyler • The Brian Chinn Team, eXp Realty • 903-480-9988 
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
This content last refreshed on 09/26/2026 03:15 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
