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Wood-Frame Apartment Building
For Sale
$730,000

400 E Ferguson, Tyler, TX 75702

MULTI_FAMILY - Tyler, TX

Property Size10,000 SF
Price / SF$73
Days on Market55

Property Features for 400 E Ferguson

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Industrial
Bedrooms 10
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 7, Bedroom 5, Bathroom 6, Bedroom 10, Bathroom 1, Bathroom 7, Bedroom 9, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 8, Bathroom 4, Bathroom 10, Bathroom 8, Bathroom 9, Bathroom 3, Bedroom 4, Bathroom 5, Bedroom 3
Subdivision City of Tyler
Elementary school Bonner
Middle school Moore
High school Tyler High
Directions Directions from the Square: From the Tyler Square, head east on E Ferguson St. Continue straight for about 0.4 miles and the property will be on your left.
Standard status Active
Size 10,000 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8764

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air, Electric

Building Details

Year built 1930
Number of units 10
Building materials Wood/ Frame
Listing Agency: Smith & Crisp Realty Group, LLC
Listed By: Steven Cardenas · License #0837571
Added: Jun 12 Changed: Aug 2 Last Checked: Aug 5 at 12:06PM
MLS# 25016772

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 wood-frame apartment building is a 7-building, 10-unit multifamily property with Electric (Heating) and central electric systems. The building was constructed in 1930 and includes central air and electric cooling.

The property is located at 400 E Ferguson in Tyler, Texas, in Downtown Tyler. Public remarks describe it as one block from the new Smith County Courthouse and surrounded by additional public and private investment.

The unit mix includes 7 bedrooms and 6 bathrooms plus additional bedroom and bathroom rooms listed in the configuration. With multiple buildings under one ownership, the property may support tenants seeking separate spaces within a consolidated multifamily setup.

Key Highlights

  • 7 buildings and 10 units
  • Built in 1930
  • Wood‑frame construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

1,861
Businesses Nearby

Demographics for 75702, TX

26,777
Population
10,273
Households
2.6
Avg Household Size
32
Median Age
8%
College-Educated
72%
High-School Grad
14.1 sq mi
ZIP Area
1,899
Density / Sq Mi
$51,177
Median Household Income
$30,399
Median Earnings
$906
Median Rent
$99,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Wood-frame multifamily property with central electric HVAC and electric heat, built in 1930.
Where is this apartment building located?
The property is located at 400 E Ferguson Tyler, TX.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: 7 buildings and 10 units; Built in 1930; Wood‑frame construction
More about this property
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