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    515 South St E, Unit South Kilgore, TX 75662

    For Sale
    $225,000

    Fourplex - Kilgore, TX

    Days on Market:
    177
    Last Refresh:
    Dec 10 at 8:06 am

    Property Features for 515 South St E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Utility Room
    Fireplace
    1

    Utilities

    Heating system
    Electric (Heating), Fireplace(s)
    Cooling system
    Electric

    Building Details

    Year built
    1935
    Floors in Building
    2
    Number of units
    4
    Roof type
    Composition
    Architectural style
    Other

    Scarborough Realty Group TX LLC (903) 738-2650 [email protected]

    Listing agent Harriett Prine (903) 738-2650

    Listing date Jun 17, 2025

    MLS# 20242904 Listing URL

    Copyright © 2025 Longview Area 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.

    Overview

    Kilgore Fourplex For Sale

    This fourplex is located in Kilgore, Texas. Each unit is equipped with a refrigerator, stove, and stackable washer/dryer connections. Tenants are responsible for paying electric and gas, while the landlord covers water expenses. Rents are currently $600 a month. One unit is vacant, presenting an opportunity for increased income.
    Location Intelligence

    Current Use by Public Records

    PappaCN Records Incorporated Musician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kilgore
    County
    Gregg
    State
    Texas
    Longitude
    -94.874239
    Latitude
    32.382762

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in Kilgore, Texas, with tenant-paid utilities.
    Where is this quadplex located?
    The property is located at 515 South St E, Unit South Kilgore, TX.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Four-unit (4-plex) property - Ideal for investors; - Existing rental income from occupied units; - Individual unit amenities: refrigerator, stove, and washer/dryer connections
    (903) 738-2650
    Request Owner's contact information
    515 South St E, Unit South Kilgore, TX 75662
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    Kilgore, TX 75662
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515 South St E, Unit South Kilgore, TX 75662
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