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Fourplex With New HVAC Systems
New
For Sale
$349,000

113 S Summit Street, Red Oak, TX 75154

Fully occupied fourplex with updated HVAC systems and appliance-equipped units.

Property SizeContact for details
Days on Market2

Property Features for 113 S Summit Street

General Information

Standard status Active
Property subtype Quadruplex
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Highway Access Yes

Building Details

Year Built 1994
Tenancy Multi
Listing Agency: Mersal Realty
Listed By: Rene Jensen · License #0664632
Source: Lonestarluxuryrealty
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 4 at 6:07AM

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 Mersal Realty

Investment Insights

Based on property information with market context.

Built in 1994, this quadplex contains four residential units, each arranged as a 1-bedroom, 1-bathroom floor plan. New HVAC systems serve the property, while electric stoves and additional appliances are included in every unit. The configuration offers consistent layouts across the building and straightforward residential operations.

Located at 113 S Summit Street in Red Oak, Texas, the property is near major interstate access, schools, shopping, and employment centers. The surrounding area is described as an established neighborhood with ongoing residential and commercial growth. All four units are currently occupied by long-term tenants, providing an operating income property with full occupancy.

Key Highlights

  • Four‑unit quadplex with 1‑bedroom, 1‑bathroom layouts
  • 100% occupied with long‑term tenants
  • New HVAC systems installed

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Plumbing Service Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

Demographics for 75154, TX

45,894
Population
17,170
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
88%
High-School Grad
47.8 sq mi
ZIP Area
960
Density / Sq Mi
$96,150
Median Household Income
$48,112
Median Earnings
$1,446
Median Rent
$296,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied fourplex with updated HVAC systems and appliance-equipped units.
Where is this quadplex located?
The property is located at 113 S Summit Street Red Oak, 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: Four‑unit quadplex with 1‑bedroom, 1‑bathroom layouts; 100% occupied with long‑term tenants; New HVAC systems installed
More about this property
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