Corner-Lot Triplex with Private
1120 South Donnybrook Avenue Tyler, TX 75701
1120 South Donnybrook Avenue, Tyler, TX, 75701
$225,000
For Sale
$225,000
Triplex setup with three occupied rental units, each with a private one-car garage and recently replaced roofs.
Property Size2,322 SF
Price / SF$96.90
Days on Market52
Property Features for 1120 South Donnybrook Avenue
General Information
- Standard status
- Active
- Size
- 2,322 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1920
Listing Agency
Bloxom Realty LLC
(903) 352-6988
Listed by
LESLIE HARRIS · License #0727522
(903) 352-6988
Source
Compass
Added: May 27 Checked: Jul 17 at 3:40 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bloxom Realty LLC
Investment Insights
Based on property information with market context.
Located at 1120 South Donnybrook Avenue in Tyler, Texas, this corner-lot multifamily property is configured as a duplex plus a garage apartment, creating three total rental units. The duplex includes a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, and the separate garage apartment offers a 2-bedroom/1-bath layout with a spacious balcony. Each unit includes its own private one-car garage, supporting practical day-to-day tenant convenience.
The property’s location is described as being near colleges and hospitals, and all three units are currently occupied. The ownership history reflected in the remarks notes consistent occupancy over the past 25 years.
For investors or owner-operators seeking an income-producing residential property with established performance, this triplex provides a three-unit structure with rental activity already in place. Major capital updates have been completed, including roof replacements within the last 3–4 years, helping reduce near-term exterior maintenance concerns for the next owner.
The property’s location is described as being near colleges and hospitals, and all three units are currently occupied. The ownership history reflected in the remarks notes consistent occupancy over the past 25 years.
For investors or owner-operators seeking an income-producing residential property with established performance, this triplex provides a three-unit structure with rental activity already in place. Major capital updates have been completed, including roof replacements within the last 3–4 years, helping reduce near-term exterior maintenance concerns for the next owner.
Key Highlights
- Triplex on a corner lot with 3 occupied rental units: duplex plus a garage apartment
- Duplex totals 1,572 SF with a 2 bed/1 bath unit and a 1 bed/1 bath unit
- Garage apartment is 750 SF with a 2 bed/1 bath layout and a spacious balcony
Local Financial Insights For Apartment 5plus
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 | $37.6k | $16.20 |
| − Vacancy | −$1.9k | −$0.81 |
| EGI | $35.7k | $15.39 |
| − OpEx | −$16.1k | −$6.93 |
| NOI | $19.7k | $8.46 |
2,322 SF · lease $16.20/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$299.6K
$262.2K – $349.6K
NOI $20,973 @ 7.0% cap · market cap 9.32%
Second Best
Apartment 5plus
$280.8K
$245.7K – $327.6K
NOI $19,655 @ 7.0% cap · market cap 8.74%
Theoretical Best
Office A
$518.3K
$453.5K – $604.6K
NOI $36,278 @ 7.0% cap · market cap 16.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Triplex setup with three occupied rental units, each with a private one-car garage and recently replaced roofs.
Where is this triplex located?
The property is located at 1120 South Donnybrook Avenue Tyler, 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: Triplex on a corner lot with 3 occupied rental units: duplex plus a garage apartment; Duplex totals 1,572 SF with a 2 bed/1 bath unit and a 1 bed/1 bath unit; Garage apartment is 750 SF with a 2 bed/1 bath layout and a spacious balcony
