Lamar University Area Investment
For Sale
$200,000
245 E Pipkin St C, Beaumont, TX 77705
Four-unit property near Lamar University with value-add potential.
Days on Market101
Property Features for 245 E Pipkin St C
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1962
Listing Agency:
eXp Realty LLC
(832) 463-0437
Listed By:
JaVon Martin · License #0728043
(832) 463-0437
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 1 at 4:23AM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This four-unit property presents an investment opportunity near Lamar University. The property features a mix of two one-bedroom units and two two-bedroom units. Current lease terms and rental information are available upon request. The property offers a value-add opportunity for investors to enhance equity through strategic updates and optimized rents while securing consistent tenant occupancy. The location benefits from strong rental demand and long-term growth potential.
Key Highlights
- Strong rental demand due to proximity to Lamar University.
- Four‑unit property with a desirable mix of one- and two‑bedroom units.
- Excellent value‑add opportunity through strategic updates.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Explore this area
Business Placement
Demographics for 77705, TX
37,950
Population
12,203
Households
3.1
Avg Household Size
38
Median Age
8%
College-Educated
80%
High-School Grad
242.7 sq mi
ZIP Area
156
Density / Sq Mi
$49,964
Median Household Income
$30,162
Median Earnings
$858
Median Rent
$121,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property near Lamar University with value-add potential.
Where is this quadplex located?
The property is located at 245 E Pipkin St C Beaumont, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Strong rental demand due to proximity to Lamar University.; Four‑unit property with a desirable mix of one- and two‑bedroom units.; Excellent value‑add opportunity through strategic updates.
