Nearly New Duplex with Private
2113 Wright Street Greenville, TX 75401
For Sale
$499,000
Nearly new duplex offering two 3-bedroom units, each with a fenced backyard and attached parking.
Property Size2,872 SF
Price / SF$173.75
Days on Market117
Property Features for 2113 Wright Street
General Information
- Standard status
- Active
- Size
- 2,872 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2023
Listing Agency:
Monument Realty
(469) 682-5367
Listed By:
Janet Love · License #0678802
(469) 682-5367
Source:
Compass
Added: Mar 29
Changed: Jul 23
Last Checked: Jul 23 at 8:37AM
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 Monument Realty
Investment Insights
Based on property information with market context.
This nearly new duplex at 2113 Wright Street was built about three years ago and is designed for low-maintenance ownership. It features two separate units, each offering a 3-bedroom, 2.5-bath layout. Each unit also includes its own private fenced backyard, providing outdoor space that supports day-to-day livability.
Parking is built into the plan with a 1-car garage for each unit, plus a driveway that accommodates two additional vehicles per unit. The interior includes modern finishes, including quartz countertops in the kitchens.
The property is offered for sale as the entire duplex. Buyers can lease both units or occupy one side while renting the other, supported by the two-unit configuration and consistent unit layouts.
Parking is built into the plan with a 1-car garage for each unit, plus a driveway that accommodates two additional vehicles per unit. The interior includes modern finishes, including quartz countertops in the kitchens.
The property is offered for sale as the entire duplex. Buyers can lease both units or occupy one side while renting the other, supported by the two-unit configuration and consistent unit layouts.
Key Highlights
- Nearly new 2‑story duplex built in 2023 with 2 total units
- Each unit offers a 3‑bedroom, 2.5‑bath open floorplan
- Private fenced backyard included with each unit
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.9k | $30.96 |
| − Vacancy | −$9.5k | −$3.31 |
| EGI | $79.4k | $27.65 |
| − OpEx | −$35.7k | −$12.44 |
| NOI | $43.7k | $15.21 |
2,872 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$721.4K
$631.3K – $841.7K
NOI $50,500 @ 7.0% cap · market cap 10.12%
Second Best
Apartment 5plus
$623.9K
$545.9K – $727.9K
NOI $43,672 @ 7.0% cap · market cap 8.75%
Theoretical Best
Industrial
$2.85M
$2.50M – $3.33M
NOI $199,766 @ 7.0% cap · market cap 40.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Nearly new duplex offering two 3-bedroom units, each with a fenced backyard and attached parking.
Where is this duplex located?
The property is located at 2113 Wright Street Greenville, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Nearly new 2‑story duplex built in 2023 with 2 total units; Each unit offers a 3‑bedroom, 2.5‑bath open floorplan; Private fenced backyard included with each unit
