Two-Unit Duplex
8310/8312 Garrett Dr Tyler, TX 75703
8310/8312 Garrett Dr, Tyler, TX, 75703
$349,000
For Sale
$349,000
MULTI_FAMILY - Tyler, TX
Property Size2,425 SF
Price / SF$143.92
Days on Market86
Property Features for 8310/8312 Garrett Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5
- Parking features
- Garage
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,425 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6110
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- Brick Veneer
- Roof type
- Composition
Listing agency
Realty One Group Rose
(903) 630-3148
Listed by
Chris Phillips · License #0590270
(903) 630-3148
Added: Apr 28 Updated: Jul 19 at 2:30AM Checked: Jul 22 at 4:06PM
MLS# 26005578
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 for-sale duplex includes two separate residential units: one side offers 3 bedrooms and 2 bathrooms, and the other side offers 2 bedrooms and 2 bathrooms. The property is set up to provide two distinct living spaces under one ownership structure.
Located at 8310/8312 Garrett Dr in south Tyler, Texas, the duplex sits in Smith County. The listing describes both sides as currently occupied by long-term tenants.
For investors or buyers looking for a straightforward rental structure, the property’s two-unit configuration can support diversified tenant profiles within a single asset. Because the units are separately laid out and described as having long-term occupancy, it may appeal to buyers seeking an income-producing duplex without needing to re-tenant immediately. Please confirm all details and lease terms directly with the seller or listing broker.
Located at 8310/8312 Garrett Dr in south Tyler, Texas, the duplex sits in Smith County. The listing describes both sides as currently occupied by long-term tenants.
For investors or buyers looking for a straightforward rental structure, the property’s two-unit configuration can support diversified tenant profiles within a single asset. Because the units are separately laid out and described as having long-term occupancy, it may appeal to buyers seeking an income-producing duplex without needing to re-tenant immediately. Please confirm all details and lease terms directly with the seller or listing broker.
Key Highlights
- Duplex with two units: 3 bed/2 bath on one side and 2 bed/2 bath on the other
- Year built 1982; brick veneer exterior
- Central heating and central air with electric HVAC support and ceiling fans
Local 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 | $33.5k | $13.80 |
| − Vacancy | −$2.2k | −$0.90 |
| EGI | $31.3k | $12.90 |
| − OpEx | −$9.4k | −$3.87 |
| NOI | $21.9k | $9.03 |
2,425 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$312.9K
$273.8K – $365.1K
NOI $21,903 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$293.2K
$256.6K – $342.1K
NOI $20,526 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$541.3K
$473.6K – $631.5K
NOI $37,888 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with separate 3BR/2BA and 2BR/2BA units, each with long-term tenants.
Where is this duplex located?
The property is located at 8310/8312 Garrett Dr Tyler, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Duplex with two units: 3 bed/2 bath on one side and 2 bed/2 bath on the other; Year built 1982; brick veneer exterior; Central heating and central air with electric HVAC support and ceiling fans
