Address
118 S Beverly, Tyler, TX
Price
$ 150,000
Property Attributes
- MLS#26013107
- TypeSingle Family
- Listing Status Active
- CountySMITH
- CityTyler
- AreaSmith
- NeighborhoodCITY OF TYLER
- Zip75702
- StyleTraditional
- Year Built1920
- Price$ 150,000
- Bedrooms10
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage4000
Data Source:
Greater Tyler AOR (GTAR)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Bonner Elementary School | Moore Middle School | Tyler High |
| Price History | |
|---|---|
| 9/23/2026 | Listed $150,000 |
General Features
| Living Area | 4000.0 |
|---|---|
| Sewer | Public Sewer |
| Heating | Central/Electric |
| Cooling | Central Electric |
| Utilities | Cable Available |
| Roof | Composition |
| Appliances | Electric Range |
| Garage Spaces | 0.0 |
| Patio/Porch Features | Patio,Covered |
| Architectural Style | Traditional |
| Pool Features | None |
| Construction Materials | Frame |
| Year Built | 1920 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| County | Smith |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | CITY OF TYLER |
| Full Baths | 8 |
| Status | Active |
| Directions | N on Beckham,Right on Erwin,Right on Beverly,home is on the left |
| High School | Tyler High |
| City | Tyler |
| Short Sale Y/N | No |
| Senior Community Y/N | No |
| Carport Spaces | 0.0 |
| Elementary School | Bonner |
| Middle/Junior High School | Moore |
| Property Condition | Pre-owned |
| Standard Status | Active |
| Year Built Source | SCAD |
| Legal Description | CITY OF TYLER BLOCK 148 LOT 7 |
Interior Features
| Interior Amenities | Paneling |
|---|---|
| Fireplace Features | Other |
| Bathroom Features | Shower/Tub |
| Total Bedrooms | 10 |
| LivingAreaSource | Owner |
| Total Baths | 8 |
Exterior Features
| Fencing | None |
|---|---|
| Foundation Details | Pillar/Post/Pier |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75702
Price
Year Built
Visits
In The Neighborhood
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2209 Luther St
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- Type
- Single Family
- Size
- 1,357 SqFt
- Rooms
- 4 Beds + 2 Baths
Tyler
$ 635,000
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- Type
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- Size
- 3,219 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Tyler
$ 199,000
306 1/2 Jordan St
Tyler, TX 75702
- Type
- Single Family
- Size
- 1,200 SqFt
- Rooms
- 3 Beds + 2 Baths
Tyler
$ 235,000
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Tyler, TX 75701
- Type
- Single Family
- Size
- 1,367 SqFt
- Rooms
- 3 Beds + 1 Baths
Open House
Tyler
$ 349,900
3099 Rolling Hill Dr
Tyler, TX 75702
- Type
- Single Family
- Size
- 3,900 SqFt
- Rooms
- 6 Beds + 4 Baths
Views
Tyler
$ 525,000
1109 Troup Highway
Tyler, TX 75701
- Type
- Single Family
- Size
- 3,014 SqFt
- Rooms
- 3 Beds + 2 Baths
Reduced
Tyler
$ 379,900
2515 Preston Ave
Tyler, TX 75701
- Type
- Single Family
- Size
- 2,400 SqFt
- Rooms
- 3 Beds + 2 Baths
Reduced
Tyler
$ 811,000
2631 Old Bullard Rd
Tyler, TX 75701
- Type
- Single Family
- Size
- 4,078 SqFt
- Rooms
- 4 Beds + 3.5 Baths
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