Back to Search

Downtown Redevelopment Multifamily Property

400 E Ferguson, Tyler, TX 75702

View on Map

New

For Sale

$730,000

MULTI_FAMILY - Tyler, TX

Property size:

10,000 SF

Price / SF:

$73/SF

HighLights

7‑building, 10‑unit property in downtown Tyler
Generates $8,600/month in rental income
Located one block from the new Smith County Courthouse
Wood‑frame construction
Central and electric heating
Central air cooling with electric cooling

We can help!

Listing Contact

Steven Cardenas

For Sale

$730,000

MULTI_FAMILY - Tyler, TX

Property size:

10,000 SF

Price / SF:

$73/SF

Added:: Jun 12, 2026
Days on Market:: 4
Last Refresh:: Jun 15 at 6:06 am

Property Features for 400 E Ferguson

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 10
Bathrooms: 10
Rooms: Bathroom 8, Bathroom 6, Bathroom 3, Bedroom 9, Bathroom 4, Bedroom 8, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 7, Bathroom 10, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 10, Bedroom 1, Bathroom 9, Bedroom 3, Bedroom 2, Bathroom 5
Standard status: Active
Size: 10,000 SF

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 8764

Utilities

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

Building Details

Year built: 1930
Number of units: 10
Building materials: Wood/ Frame

We can help!

Listing Contact

Steven Cardenas

Listing agent Steven Cardenas License #0837571

Listing office Smith & Crisp Realty Group, LLC 7212 Old Jacksonville Hwy, Tyler, TX

Listing date Jun 12, 2026

MLS# 25016772 Listing URL

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.

HighLights

7‑building, 10‑unit property in downtown Tyler
Generates $8,600/month in rental income
Located one block from the new Smith County Courthouse
Wood‑frame construction
Central and electric heating
Central air cooling with electric cooling

Overview

This multifamily offering consists of seven buildings with a total of ten rental units. The property is presented as a redevelopment opportunity, with current income described as $8,600 per month while planning a future multifamily or mixed-use project. The asset totals 10,000 square feet.

The property is located at 400 E Ferguson in Tyler, Texas (Smith County). Public remarks indicate the site is one block from the new Smith County Courthouse, placing it within an area described as surrounded by major public and private investment.

For buyers looking for a small-scale apartment income asset with redevelopment flexibility, this structure supports an immediate operating plan while evaluating longer-term repositioning. The seven-building configuration and ten-unit count provide a straightforward portfolio-style setup for an owner-operator or an investor pursuing a planned transition into another residential or mixed-use concept, subject to applicable approvals and permitting.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Tyler
County: Smith
State: Texas
Longitude: -95.297012
Latitude: 32.351833

Nearby Similar for Sale

$1,900,000

4,385 SF

Drive-Through QSR Restaurant Outparcel

Former Whataburger building with double drive-thru, bailout lane, and strong visibility on a Walmart outparcel.

6849 S Broadway Avenue, Tyler, TX 75703

View Details
$550,000

Flex Space with Office and Shop

Move-in-ready flex building with private office areas and a heated/cooled shop, positioned for strong corridor visibility.

20921 US Highway 69 S, Tyler, TX 75703

View Details
$783,000

3,480 SF

Freestanding Office-Retail Building

Freestanding office-retail space for sale in shell condition, zoned C-1 with shared parking and strong nearby traffic.

5647 KPE Way, Tyler, TX 75703

View Details
$3,500,000

4,458 SF

Operating Gas Station on Highway

Operating Exxon gas station with commercial kitchen on busy highway.

5315 Troup HWY, Tyler, TX 75707

View Details
$1,650,000

9,056 SF

Income-Producing Multifamily Retreat

Income-producing property with multiple occupied rental units and value-add potential on a sizable country lot.

13597 County Road 35, Tyler, TX 75706

View Details
$400,000

Flex Building with Roll-Up Doors

Metal-and-brick flex building combines office space with climate-controlled manufacturing or multi-use areas and warehouse storage.

3456 Shiloh Road, Tyler, TX 75707

View Details
$450,000

Fully Operational Vehicle Repair Shop

For sale on US Highway 69 N with established repair operations and nearby retail and trucking-related uses.

11041 US Highway 69 N, Tyler, TX 75706

View Details
$496,000

3,676 SF

Side-by-Side Duplex Investment

Fully occupied duplex with two 3-bedroom units, garages, yards, and recent roof and HVAC improvements.

113 & 115 E Heritage Drive, Tyler, TX 75703

View Details
$445,000

Medical Office Suite Configuration

Move-in-ready office suites combine 7 offices with reception, conference space, waiting, and three restrooms.

1404 Rice Road, Tyler, TX 75703

View Details
$391,500

1,740 SF

Freestanding Retail Office Opportunity

Shell-delivered freestanding option in C-1 zoning with shared parking and proven regional traffic counts.

5647 KPE Way, Tyler, TX 75703

View Details
$3,500,000

Fully Operational Exxon Gas Station

Recently opened, corner-positioned fuel facility with four-pump canopy, commercial kitchen, and beer and wine cooler for immediate ownership.

5315 Troup Highway, Tyler, TX 75707

View Details
$420,000

2,514 SF

Duplex with Separate Entrances

Two-unit duplex designed for owner-occupants, with separate entrances and garages for each side.

319/321 Princess Place, Tyler, TX 75704

View Details

For sale
Apartment buildings
TX
Tyler
75702
400 E Ferguson

What type of property is this?

Apartment building - Seven-building, ten-unit rental asset near the Smith County Courthouse, positioned for a redevelopment-minded buyer.

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‑building, 10‑unit property in downtown Tyler; Generates $8,600/month in rental income; Located one block from the new Smith County Courthouse

400 E Ferguson, Tyler, TX 75702

MULTI_FAMILY - Tyler, TX

Property Features for 400 E Ferguson

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Drive-Through QSR Restaurant Outparcel

Flex Space with Office and Shop

Freestanding Office-Retail Building

Operating Gas Station on Highway

Income-Producing Multifamily Retreat

Flex Building with Roll-Up Doors

Fully Operational Vehicle Repair Shop

Side-by-Side Duplex Investment

Medical Office Suite Configuration

Freestanding Retail Office Opportunity

Fully Operational Exxon Gas Station

Duplex with Separate Entrances

FAQs

Create New Password