Multifamily Investment Opportunity in
For Sale
$399,900
1010 Nelson, Yoakum, TX 77995
Six-unit multifamily property with income potential in Yoakum, Texas.
Property Size2,696 SF
Days on Market97
Property Features for 1010 Nelson
General Information
Standard status
Active
Size
2,696 SF
Property subtype
Commercial
Building Details
Building Size
2,696 SF
Year Built
1970
Stories
2
Listing Agency:
Keller Williams Realty Outer Banks
(361) 550-1430
Listed By:
Shannon Rampley · License #47250
(361) 550-1430
Source:
Elliman
Added: May 20
Changed: Aug 23
Last Checked: Aug 23 at 10:27AM
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 Keller Williams Realty Outer Banks
Investment Insights
Based on property information with market context.
This six-unit multifamily property in Yoakum presents an investment opportunity with immediate income potential. Five of the units have been updated and were previously income-producing within the last year. The sixth unit is currently used for storage but can be remodeled to generate additional rental income. The building has been inspected and offers investors the opportunity to build equity while generating cash flow. Exterior improvements and TLC are needed. The property is positioned to begin producing income almost immediately, allowing updates to be made over time. This property offers potential and possibilities for expanding a portfolio or as an investment project. The bike score is 41, indicating it is somewhat bikeable, and the walk score is 55, indicating it is somewhat walkable.
Key Highlights
- Immediate income potential with 5 updated, previously income‑producing units.
- Opportunity to increase income by remodeling the 6th unit.
- Inspected building provides a strong investment opportunity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
Demographics for 77995, TX
9,821
Population
4,777
Households
2.1
Avg Household Size
41
Median Age
14%
College-Educated
84%
High-School Grad
375.3 sq mi
ZIP Area
26
Density / Sq Mi
$53,129
Median Household Income
$31,722
Median Earnings
$877
Median Rent
$168,400
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?
Apartment building - Six-unit multifamily property with income potential in Yoakum, Texas.
Where is this apartment building located?
The property is located at 1010 Nelson Yoakum, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Immediate income potential with 5 updated, previously income‑producing units.; Opportunity to increase income by remodeling the 6th unit.; Inspected building provides a strong investment opportunity.
