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    Five-Unit Multifamily Investment Title is generated by Realmo AI

    1032 Greg Street, Azle, TX 76020

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    Claim this Listing
    For Sale
    $1,149,000

    MULTI_FAMILY - Azle, TX

    Lot size:
    1.00 Acre
    Added:
    Jun 2, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 22 at 2:06 pm

    Property Features for 1032 Greg Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    8
    Rooms
    Bathroom 2, Bedroom 5, Bathroom 6, Bedroom 3, Bathroom 7, Bedroom 6, Bathroom 5, Bedroom 7, Bedroom 2, Bathroom 8, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 8, Bedroom 1, Bathroom 4
    Parking
    8
    Parking features
    Garage, Driveway
    Interior features
    DoubleVanity, WalkInClosets
    Fireplace
    1
    Appliances
    ElectricRange, ElectricWaterHeater
    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
    Ceiling Fan(s), Central Air, Electric
    Water source
    Well

    Building Details

    Year built
    1991
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Carpet, Combination, Tile
    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# 21237322 Listing URL

    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 with addresses at 1020–1032 Greg Street in Azle, TX
    • Mix of rentals: three single‑family homes and one duplex
    • Private well plus individual meters for each unit, supporting separate utility management
    • Aerobic septic system with updated equipment (reworked septic system)
    • Each unit includes garage parking
    • Four of the five units have been updated; property includes brick construction and an asphalt roof (built in 1991)

    Overview

    This for-sale multifamily investment features five rental units on a full acre, arranged as three single-family homes plus one duplex. Four of the five units have been thoughtfully updated, offering a largely turn-key ownership experience while leaving room for future value-add on the remaining unit. On-site utility management is supported by a private well and individual meters for each unit, helping streamline operations and utility expense handling. The property also includes a recently reworked septic system with updated equipment to reduce near-term capital exposure. For tenant appeal and day-to-day convenience, each unit offers garage parking.

    The property is located at 1020, 1024, 1026, 1028, and 1032 Greg Street in Azle, Texas, Parker County. Showings are available every Wednesday from 10:00 AM to 11:00 AM, providing a consistent schedule for qualified buyers and their brokers.

    Designed for investors seeking current cash flow along with long-term upside, the unit mix supports tenant diversity and rental stability. The combination of partial updates, dedicated utility metering, and garage parking can help attract and retain tenants while keeping operational complexity in check. This is an option worth serious consideration for buyers looking to expand a rental portfolio with an income-focused, multi-unit package.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Azle
    County
    Parker
    State
    Texas
    Longitude
    -97.559174
    Latitude
    32.897415

    FAQs

    What type of property is this?
    Apartment building - Five income-producing units with updated interiors, private well and individual meters, plus garage parking for tenant convenience.
    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 with addresses at 1020–1032 Greg Street in Azle, TX; Mix of rentals: three single‑family homes and one duplex; Private well plus individual meters for each unit, supporting separate utility management
    More about this property
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