Duplex with Carport
For Sale
$400,000
3001 Beechwood, Odessa, TX 79762
MULTI_FAMILY - Odessa, TX
Property Size2,496 SF
Lot Size0.47 Acres
Price / SF$160.26
Days on Market21
Property Features for 3001 Beechwood
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 1
Parking features
Carport
Appliances
Free-Standing Electric Range, Disposal
Subdivision
University Gardens
Elementary school
Gonzales
Middle school
Nimitz
High school
Permian
Standard status
Active
APN
32660.01050.00000
Size
2,496 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Annual Amount
4891
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1976
Floors in Building
2
Building materials
Aluminum Siding
Roof type
Composition
Listing Agency:
Home Charm Realty, LLC
(432) 614-1813
Listed By:
Melody Villasana · License #0536819
(432) 559-7703
Added: Jul 16
Changed: Aug 3
Last Checked: Aug 5 at 7:06PM
MLS# 176260
Copyright © 2026 Odessa Board 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.
Duplex at 3001 Beechwood, Odessa, TX 79762 on a 0.467-acre lot. The property is 2,496 SF and was built in 1976. Interior features include central heating with natural gas, central air conditioning, and a composition roof. Appliances noted include a free-standing electric range and a disposal. Aluminum siding is listed as the construction material. Parking is available with a carport. The room list includes six bedrooms and two bathrooms.
Utilities are set up with public water and public sewer.
This duplex offers a practical live-in-and-rent-out configuration, with the opportunity to occupy one unit and lease the other.
Utilities are set up with public water and public sewer.
This duplex offers a practical live-in-and-rent-out configuration, with the opportunity to occupy one unit and lease the other.
Key Highlights
- Duplex on a 0.467‑acre lot
- Built in 1976 with aluminum siding and a composition roof
- 2,496 SF total building size
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.4k | $13.80 |
| − Vacancy | −$2.2k | −$0.90 |
| EGI | $32.2k | $12.90 |
| − OpEx | −$9.7k | −$3.87 |
| NOI | $22.5k | $9.03 |
2,496 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$322.1K
$281.8K – $375.7K
NOI $22,544 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$289.2K
$253.0K – $337.4K
NOI $20,242 @ 7.0% cap · market cap 5.06%
Theoretical Best
Flex RnD
$3.63M
$3.18M – $4.23M
NOI $254,004 @ 7.0% cap · market cap 63.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
Explore this area
Business Placement
Demographics for 79762, TX
40,253
Population
17,259
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
30.5 sq mi
ZIP Area
1,320
Density / Sq Mi
$74,560
Median Household Income
$45,151
Median Earnings
$1,338
Median Rent
$218,900
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 - Duplex on a 0.467-acre lot with central natural gas heat, central air, and carport parking.
Where is this duplex located?
The property is located at 3001 Beechwood Odessa, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Duplex on a 0.467‑acre lot; Built in 1976 with aluminum siding and a composition roof; 2,496 SF total building size
