Brick Duplex with
For Sale
$339,900
2103 Easy St, Tyler, TX 75703
Residential Income, Tyler, TX
Property Size3,147 SF
Lot Size0.31 Acres
Price / SF$108.01
Days on Market185
Property Features for 2103 Easy St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Carport
Patio and Porch features
Porch, Patio
Interior features
Ceiling Fan
Exterior features
Rain Gutters
Fireplace
1
Appliances
Electric Range, Dishwasher, Disposal
Subdivision
PALUXY SQUARE
Elementary school
Clarkston
Middle school
Hubbard
High school
Tyler Legacy
Directions
From the Loop 323 and Broadway intersection, head E on Loop 323. Turn right onto Hwy 110. Turn right onto Aberdeen, right onto Easy St. Property is on lefthand side. SIY.
Standard status
Active
Size
3,147 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PALUXY SQUARE BLOCK 1092-J LOT 17
Legal Description
PALUXY SQUARE BLOCK 1092-J LOT 17
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Gas (Cooling), Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1975
Floors in Building
1
Number of units
2
Flooring type
Wood, Carpet, Tile - Ceramic
Building materials
Brick
Roof type
Composition
Listing Agency:
Keller Williams Realty-Tyler
(903) 534-6600
Listed By:
Kayla Riggs · License #0718668
(903) 262-4248
Added: Feb 26
Changed: Aug 29
Last Checked: Aug 30 at 3:06PM
MLS# 26002709
Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick duplex contains 3,147 square feet on a 0.31-acre lot, with two residential units offering approximately 1,573 square feet each. Every side includes three bedrooms, two bathrooms, spacious living areas, storage, and a wide carport. Interior finishes include ceramic tile, wood, and carpet, while central heating and cooling support year-round comfort. Additional features include patios, porches, ceiling fans, rain gutters, and fireplaces.
The property is fully occupied, and each unit is individually metered with tenants responsible for their own utilities. The owner handles yard maintenance, taxes, and insurance. Built in 1975, the duplex is served by public water and public sewer and is located near shopping, dining, schools, and major thoroughfares in Tyler.
The property is fully occupied, and each unit is individually metered with tenants responsible for their own utilities. The owner handles yard maintenance, taxes, and insurance. Built in 1975, the duplex is served by public water and public sewer and is located near shopping, dining, schools, and major thoroughfares in Tyler.
Key Highlights
- 3,147 square feet on 0.31 acres
- Two units, each with approximately 1,573 square feet, 3 bedrooms, and 2 bathrooms
- Fully occupied duplex with separate utility metering
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,424
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$568,480
$568.5K
Cap Rate 7%
$406,057
$406.1K
Cap Rate 9%
$315,822
$315.8K
Market Conditions
NOI Build-Up for 3,147 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$43.4K $13.80/SF
− Vacancy
−$2.8K −$0.90/SF
EGI
$40.6K $12.90/SF
− OpEx
−$12.2K −$3.87/SF
NOI
$28.4K $9.03/SF
Area
Tyler, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$568,480
Cap Rate 7%
$406,057
Cap Rate 9%
$315,822
Alternative Uses
Best Use
Multifamily LT 5
$406.1K
$355.3K – $473.7K
NOI $28,424 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$380.5K
$333.0K – $444.0K
NOI $26,638 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$702.4K
$614.6K – $819.5K
NOI $49,168 @ 7.0% cap · market cap 14.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Explore this area
Business Placement
Demographics for 75703, TX
44,428
Population
20,045
Households
2.2
Avg Household Size
39
Median Age
43%
College-Educated
96%
High-School Grad
55.1 sq mi
ZIP Area
806
Density / Sq Mi
$76,347
Median Household Income
$45,301
Median Earnings
$1,262
Median Rent
$310,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied two-unit property with separate utility metering, individual carports, and practical three-bedroom layouts.
Where is this duplex located?
The property is located at 2103 Easy St Tyler, TX.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 3,147 square feet on 0.31 acres; Two units, each with approximately 1,573 square feet, 3 bedrooms, and 2 bathrooms; Fully occupied duplex with separate utility metering
