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7-Unit Apartment Building
New
For Sale
$150,000

118 S Beverly Ave, Tyler, TX 75702

Two-building apartment property near downtown with a five-unit main building and separate guest house.

Property Size4,000 SF
Price / SF$37.50
Days on Market4

Property Features for 118 S Beverly Ave

General Information

Standard status Active
Size 4,000 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence could benefit from additional updates and improvements

Additional Details

Multifamily Units 7

Building Details

Buildings 2
Listing Agency: The Brian Chinn Team, eXp Realty
Listed By: Tyler Martin · License #0721461
Source: Exprealty
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 31 at 8:28AM

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 The Brian Chinn Team, eXp Realty

Investment Insights

Based on property information with market context.

This 7-unit apartment property comprises two separate structures: a primary building with five units and a guest house containing two additional units. The property includes 10 total bedrooms and 8 bathrooms, with approximately 4,000 square feet of improvements reported. Additional updates and improvements may be needed across the buildings, giving a purchaser a defined scope for evaluating the physical condition and future operations.

Located at 118 S Beverly Ave in Tyler, the property is near downtown and provides access to employment, shopping, dining, and other area amenities. The two-building configuration and existing unit count create a straightforward multifamily layout for further review.

Key Highlights

  • 7‑unit apartment property across two structures
  • Five units in the main building plus two units in a separate guest house
  • 10 total bedrooms and 8 bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Locksmith

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

2,616
Businesses Nearby

Demographics for 75702, TX

26,777
Population
10,273
Households
2.6
Avg Household Size
32
Median Age
8%
College-Educated
72%
High-School Grad
14.1 sq mi
ZIP Area
1,899
Density / Sq Mi
$51,177
Median Household Income
$30,399
Median Earnings
$906
Median Rent
$99,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Two-building apartment property near downtown with a five-unit main building and separate guest house.
Where is this apartment building located?
The property is located at 118 S Beverly Ave Tyler, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 7‑unit apartment property across two structures; Five units in the main building plus two units in a separate guest house; 10 total bedrooms and 8 bathrooms
More about this property
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