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24-Unit Townhome Apartment Community
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1655 S KENNEDY AVE, Tyler, TX 75701

Gated residences offer covered parking, equipped kitchens, and individual townhome-style layouts.

Property SizeContact for details
Days on Market6

Property Features for 1655 S KENNEDY AVE

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: NWP Management
Listed By: Hannah Tavenner · License #657136
Source: Crexi
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:53PM

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 NWP Management

Investment Insights

Based on property information with market context.

Azalea Crossing is a gated apartment community with 24 two-bedroom townhomes. Each residence has 2.5 bathrooms and approximately 1,174 square feet. Features include equipped kitchens, 9-foot ceilings, recessed lighting, covered parking, and lawn care. The property is currently 91.7% occupied, with 22 of 24 residences leased as of September 22, 2026.

At 1655 S Kennedy Ave in Tyler, the community is near the city’s historic Azalea District and within convenient reach of employment, medical, retail, dining, and educational destinations.

Key Highlights

  • 24 two‑bedroom townhomes, each with 2.5 bathrooms and approximately 1,174 square feet
  • 91.7% occupied, with 22 of 24 residences leased as of September 22, 2026
  • Gated community with covered parking and lawn care

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

602
Businesses Nearby

Demographics for 75701, TX

34,502
Population
14,630
Households
2.4
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
14.1 sq mi
ZIP Area
2,447
Density / Sq Mi
$62,091
Median Household Income
$29,448
Median Earnings
$1,250
Median Rent
$190,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Gated residences offer covered parking, equipped kitchens, and individual townhome-style layouts.
Where is this apartment building located?
The property is located at 1655 S KENNEDY AVE Tyler, TX.
What is the asking price?
The asking price for this property is $5,495,000.
What are key features of this property?
This property features: 24 two‑bedroom townhomes, each with 2.5 bathrooms and approximately 1,174 square feet; 91.7% occupied, with 22 of 24 residences leased as of September 22, 2026; Gated community with covered parking and lawn care
More about this property
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