Three-Building Apartment
1205-1207 Raleigh St Plainview, TX 79072
1205-1207 Raleigh St, Plainview, TX, 79072
$545,000
For Sale
$545,000
MULTI_FAMILY - Plainview, TX
Property Size6,565 SF
Lot Size0.32 Acres
Price / SF$83.02
Days on Market113
Property Features for 1205-1207 Raleigh St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 10
- Bathrooms
- 10
- Rooms
- Bathroom 9, Bathroom 2, Bathroom 3, Bathroom 10, Bathroom 4, Bedroom 2, Bedroom 9, Bedroom 1, Bathroom 7, Bedroom 6, Bathroom 6, Bedroom 3, Bathroom 5, Bathroom 1, Bedroom 8, Bathroom 8, Bedroom 5, Bedroom 10, Bedroom 7, Bedroom 4
- Appliances
- Range/Oven
- Standard status
- Active
- Size
- 6,565 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Description
- SOUTH 40 FEET OF LOT 2, ALL OF LOT 3 AND NORTH 40 FEET OF LOT 4, BLOCK 6, ROWE-GOODE ADDITION
- Tax Annual Amount
- 8828
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Roof type
- Composition
Listing Agency
Roberts & Wilkins, REALTORS
(806) 292-0263
3009 Olton Road, Plainview, TX
Listed by
David Kopp · License #574262
(806) 729-4878
Added: Mar 31 Updated: Jun 15 at 10:30 am Checked: Jul 21 at 5:06 am
MLS# 24-253
Listing URL
Copyright © 2026 Plainview Association Of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Colonial Apartments is a 10-unit, one-bedroom, one-bath multifamily property arranged across three one-story buildings. The community includes covered walkways and a courtyard area, with an on-site laundry room. Each unit has a stove, while refrigerators are either provided by the owner or by tenants. The units do not include dishwashers. Heating and cooling are provided through window units and PTAC systems. Parking is off-street. Tenant utility responsibility is electric, while the owner pays water; there is no gas service.
The property includes a mix of updates noted since 2012, including remodeled kitchens and bathrooms in seven units, minor updates in two units, and one unit described as unchanged with a long-term tenant. Additional improvements include a remodeled laundry room, several replaced front doors, exterior painting, and exterior LED lighting. All units are currently occupied, and tours require 24 to 48 hours advance notice.
This property may appeal to buyers seeking a stabilized, small-balance apartment community with primarily 1 bed/1 bath units and a demonstrated history of selective interior and exterior renovations. It is also structured with straightforward utility allocation, as tenants handle electric and the owner covers water, which can simplify ongoing operating management.
The property includes a mix of updates noted since 2012, including remodeled kitchens and bathrooms in seven units, minor updates in two units, and one unit described as unchanged with a long-term tenant. Additional improvements include a remodeled laundry room, several replaced front doors, exterior painting, and exterior LED lighting. All units are currently occupied, and tours require 24 to 48 hours advance notice.
This property may appeal to buyers seeking a stabilized, small-balance apartment community with primarily 1 bed/1 bath units and a demonstrated history of selective interior and exterior renovations. It is also structured with straightforward utility allocation, as tenants handle electric and the owner covers water, which can simplify ongoing operating management.
Key Highlights
- Colonial Apartments: 10‑unit property with all units configured as 1 bedroom/1 bath
- Three 1‑story buildings with covered walkways and a courtyard area
- On‑site laundry room; off‑street parking available
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Ten-unit multifamily property with covered walkways, courtyard, and on-site laundry, with tenants paying electric.
Where is this apartment building located?
The property is located at 1205-1207 Raleigh St Plainview, TX.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Colonial Apartments: 10‑unit property with all units configured as 1 bedroom/1 bath; Three 1‑story buildings with covered walkways and a courtyard area; On‑site laundry room; off‑street parking available
