Tyler Duplex: Turnkey Investment
For Sale
Contact for pricing
2103 Easy St, Tyler, TX 75703
Fully occupied duplex in Tyler with immediate income potential.
Property Size3,147 SF
Price / SF$108.01
Days on Market229
Property Features for 2103 Easy St
General Information
Standard status
Active
Size
3,147 SF
Property subtype
Multifamily
Zoning
Residential
Occupancy
100%
Building Details
Year Built
1975
Buildings
1
Stories
1
Units
2
Listing Agency:
Keller Williams Realty Tyler.
Listed By:
Kayla Riggs · License #TX 0718668
(903) 534-6600
Source:
Crexi
Added: Feb 26
Changed: Oct 1
Last Checked: Oct 12 at 7:59PM
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 Tyler.
Investment Insights
Based on property information with market context.
This fully-occupied duplex in Tyler presents an investment opportunity with immediate income potential and a strong rental history. Each side of the duplex features approximately 1,573 square feet and a 3-bedroom, 2-bathroom layout. Both units offer spacious living areas and functional floor plans that include generous bedrooms, ample storage, and wide carports. The property is individually metered, with tenants responsible for their own utilities. The owner currently covers yard maintenance, taxes, and insurance. With both sides fully leased and a rent increase effective May 1, this is a turnkey investment opportunity. Positioned in a central location close to shopping, dining, schools, and major thoroughfares, this duplex combines location, layout, and consistent occupancy.
Key Highlights
- Fully occupied duplex offering immediate income.
- Strong rental history with rent increase effective May 1st.
- Each unit boasts a spacious 3‑bedroom, 2‑bathroom layout (approx. 1,573 sq ft).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,424
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,480
$568.5K
Cap Rate 7%
$406,057
$406.1K
Cap Rate 9%
$315,822
$315.8K
Market Conditions
NOI Build-Up for 3,147 SF
Gross rent
$43.4K $13.80/SF
− Vacancy
−$2.8K −$0.90/SF
EGI
$40.6K $12.90/SF
− OpEx
−$12.2K −$3.87/SF
NOI
$28.4K $9.03/SF
Area
Tyler, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,480
Cap Rate 7%
$406,057
Cap Rate 9%
$315,822
Alternative Uses
Best Use
Multifamily LT 5
$406.1K
$355.3K – $473.7K
NOI $28,424 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$380.5K
$333.0K – $444.0K
NOI $26,638 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$702.4K
$614.6K – $819.5K
NOI $49,168 @ 7.0% cap · market cap 14.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Explore this area
Business Placement
Demographics for 75703, TX
44,428
Population
20,045
Households
2.2
Avg Household Size
39
Median Age
43%
College-Educated
96%
High-School Grad
55.1 sq mi
ZIP Area
806
Density / Sq Mi
$76,347
Median Household Income
$45,301
Median Earnings
$1,262
Median Rent
$310,500
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex in Tyler with immediate income potential.
Where is this duplex located?
The property is located at 2103 Easy St Tyler, TX.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Fully occupied duplex offering immediate income.; Strong rental history with rent increase effective May 1st.; Each unit boasts a spacious 3‑bedroom, 2‑bathroom layout (approx. 1,573 sq ft).
