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Updated Income Multifamily Portfolio

1032 Greg Street, Azle, TX 76020

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For Sale

$1,149,000

COMMERCIAL - Azle, TX

Lot size:

1.00 Acre

HighLights

Five‑unit multi‑family property on a full acre at 1020‑1032 Greg Street in Azle, TX
Unit mix includes three single‑family homes and one duplex
Private well with individual meters for each unit
Recently reworked septic system with updated equipment; sewer includes aerobic septic and septic tank
Garage parking and driveway parking for each unit
Built in 1991 with brick exterior, asphalt roof, and electric heating with central air

We can help!

Listing Contact

Katy Reeves

For Sale

$1,149,000

COMMERCIAL - Azle, TX

Lot size:

1.00 Acre

Added:: Jun 2, 2026
Days on Market:: 21
Last Refresh:: Jun 22 at 11:06 am

Property Features for 1032 Greg Street

General Information

Property type: Commercial Sale
Property subtype: Other
Parking features: Garage, Driveway
Standard status: Active
APN: R000055539
Lot size: 1.00 Acre

Taxes and HOA fees

Tax Description: ACRES: 1.000 ABST: 1431 SURVEY: T & P RR CO SUR 7

Utilities

Sewer type: Septic Tank, Aerobic Septic
Heating system: Electric (Heating)
Cooling system: Electric, Central Air, Ceiling Fan(s)
Water source: Well

Building Details

Year built: 1991
Floors in Building: 1
Number of units: 5
Flooring type: Tile, Carpet, Combination
Building materials: Brick
Roof type: Asphalt

We can help!

Listing Contact

Katy Reeves

Listing agent Katy Reeves License #0773315

Listing office Trinity Group Realty Azle, TX

Listing date Jun 2, 2026

MLS# 21240203

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Five‑unit multi‑family property on a full acre at 1020‑1032 Greg Street in Azle, TX
Unit mix includes three single‑family homes and one duplex
Private well with individual meters for each unit
Recently reworked septic system with updated equipment; sewer includes aerobic septic and septic tank
Garage parking and driveway parking for each unit
Built in 1991 with brick exterior, asphalt roof, and electric heating with central air

Overview

This rare income-producing portfolio features five total units, made up of three single-family homes and one duplex. Four of the five units have been thoughtfully updated, giving a new owner a largely turn-key investment with remaining value-add potential on the remaining unit. On-site infrastructure includes a private well and individual meters for each unit, helping streamline utility management. The septic system has been recently reworked with updated equipment to reduce near-term capital expenditure concerns. In addition, each unit includes garage parking, an attractive convenience for tenants and a practical factor for long-term rental appeal.

The property is located at 1032 Greg Street in Azle, TX, with unit addresses listed at 1020, 1024, 1026, 1028, and 1032 Greg Street. Showings are available every Wednesday from 10:00 AM to 11:00 AM, providing a consistent window for prospective buyers to tour the units.

This setup is well-suited for investors looking for a diversified rental mix within one ownership structure. The combination of tenant diversity from the single-family and duplex configuration, coupled with in-place updates on most units, supports both immediate cash flow objectives and continued improvement opportunities over time.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Azle
County: Parker
State: Texas
Longitude: -97.559174
Latitude: 32.897415

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For sale
Apartment buildings
TX
Azle
76020
1032 Greg Street

What type of property is this?

Apartment building - Five-unit mix of updated homes with individual utilities, private well, and garage parking designed for steady rental income.

Where is this apartment building located?

The property is located at 1032 Greg Street Azle, TX.

What is the asking price?

The asking price for this property is $1,149,000.

What are key features of this property?

This property features: Five‑unit multi‑family property on a full acre at 1020‑1032 Greg Street in Azle, TX; Unit mix includes three single‑family homes and one duplex; Private well with individual meters for each unit

1032 Greg Street, Azle, TX 76020

COMMERCIAL - Azle, TX

Property Features for 1032 Greg Street

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

Retail Property for Sale

Freestanding Brick Office Building

Five-Unit Multifamily Investment

Mixed-Layout Multifamily Community

Six-Home Multifamily Income Property

Full Duplex Investment Opportunity

Turnkey Full Duplex Investment

Azle, TX Duplex Investment

Specialty Commercial Property

Versatile Country Property in Azle

Freestanding Brick Office Building

4BR/2BA Duplex Opportunity

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