Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    523 Melba Ave Gladewater, TX 75647

    For Sale
    $139,995

    Duplex - Gladewater, TX

    Type:Duplex
    Days on Market:
    76
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 523 Melba Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Den, Kitchen
    Parking features
    Garage
    Patio and Porch features
    Patio
    Exterior features
    Covered Patio, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Range

    Utilities

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

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    BOLD Real Estate Group (903) 291-1811 [email protected]

    Listing agent Mark Armstrong (903) 291-1811

    Listing date Sep 21, 2025

    MLS# 20256479 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

    Income-Producing Duplex in Gladewater

    This income-producing duplex in Gladewater presents an investor opportunity. The property features two units, each containing two bedrooms and one bathroom, with approximately 997 square feet of living space per unit. One unit is currently occupied under a month-to-month lease at $775 per month, while the other unit is vacant and available for a new tenant or owner-occupant. Tenants are responsible for covering their own utilities. Each unit is equipped with kitchen appliances and includes parking. One of the units also features a fenced yard. A detached garage provides additional storage space. The property is centrally located near schools and the antiques district, with convenient access to Longview and Tyler. This duplex offers consistent rental demand and proven performance, making it a suitable addition to any investment portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gladewater
    County
    Gregg
    State
    Texas
    Longitude
    -94.947136
    Latitude
    32.540443

    Nearby Similar for Sale

    • $350,000
      1.29 Acres

      Commercial Property with Highway Access

      Commercial property ideal for office, warehouse, or automotive businesses.
      808 S Tyler St, Gladewater, TX 75647
      View Details
    • $599,900
      0.54 Acres

      Turnkey Restaurant on Highway 80

      Fully operational restaurant in high-traffic Gladewater location.
      1103 W Upshur Ave, Gladewater, TX 75647
      View Details
    • $449,995
      1.48 Acres

      Expansive Building in Gladewater, Texas

      29,000 sqft building suitable for various commercial uses.
      401 W Upshur Ave, Gladewater, TX 75647
      View Details
    • $449,995
      1.48 Acres

      Expansive Commercial Building in Gladewater

      29,000 sqft building suitable for diverse commercial uses.
      401 W Upshur Ave, Gladewater, TX 75647
      View Details
    • $284,500
      0.81 Acres

      Gladewater Warehouse with Drive-Thru Bays

      Warehouse with offices, drive-thru bays, and gated entrance.
      1905 Broadway Ave, Gladewater, TX 75647
      View Details
    • $2,900,000

      Lunagua Wildlife Farm Estate

      98-acre estate with lake frontage, historic significance, and modern amenities.
      179 Springlake Dr, Gladewater, TX 75647
      View Details

    FAQs

    What type of property is this?
    Duplex - Gladewater duplex with tenant in place, vacant unit available.
    Where is this duplex located?
    The property is located at 523 Melba Ave Gladewater, TX.
    What is the asking price?
    The asking price for this property is $139,995.
    What are key features of this property?
    This property features: - Income-producing duplex: Ideal for investors seeking immediate rental income.; - One unit is vacant: **Opportunity for owner-occupancy** or to select a new tenant at market rates.; - Low landlord expenses: Tenants pay their own utilities.
    (903) 291-1811
    Request Owner's contact information
    523 Melba Ave Gladewater, TX 75647
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    523 Melba Ave
    Gladewater, TX 75647
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    523 Melba Ave Gladewater, TX 75647
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.