Duplex with Three-Bedroom
For Sale
$324,900
2414 N Glass, Tyler, TX 75702
The 2010-built property offers a residential layout suitable for rental use or owner occupancy.
Property Size2,444 SF
Price / SF$132.94
Days on Market27
Property Features for 2414 N Glass
General Information
Standard status
Active
Size
2,444 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2010
Listing Agency:
Texas Real Estate Executives
Listed By:
Nacole Eaton · License #0720647
(903) 680-4663
Source:
Tylerhomeguide
Added: Sep 14
Changed: Oct 1
Last Checked: Oct 9 at 7:51PM
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 Texas Real Estate Executives
Investment Insights
Based on property information with market context.
This duplex at 2412/2414 N Glass in Tyler contains 2,444 square feet and was built in 2010. The residential configuration includes three bedrooms and two bathrooms.
Its two addresses identify the duplex units, with a layout that supports rental occupancy or an owner-occupant arrangement. The property is situated in Tyler, Texas.
Its two addresses identify the duplex units, with a layout that supports rental occupancy or an owner-occupant arrangement. The property is situated in Tyler, Texas.
Key Highlights
- 2,444‑square‑foot duplex
- Built in 2010
- Three bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,074
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,480
$441.5K
Cap Rate 7%
$315,343
$315.3K
Cap Rate 9%
$245,267
$245.3K
Market Conditions
NOI Build-Up for 2,444 SF
Gross rent
$33.7K $13.80/SF
− Vacancy
−$2.2K −$0.90/SF
EGI
$31.5K $12.90/SF
− OpEx
−$9.5K −$3.87/SF
NOI
$22.1K $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%
$441,480
Cap Rate 7%
$315,343
Cap Rate 9%
$245,267
Alternative Uses
Best Use
Multifamily LT 5
$315.3K
$275.9K – $367.9K
NOI $22,074 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$295.5K
$258.6K – $344.8K
NOI $20,687 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$545.5K
$477.3K – $636.4K
NOI $38,184 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
Business Placement
Demographics for 75702, TX
26,777
Population
10,273
Households
2.6
Avg Household Size
32
Median Age
8%
College-Educated
72%
High-School Grad
14.1 sq mi
ZIP Area
1,899
Density / Sq Mi
$51,177
Median Household Income
$30,399
Median Earnings
$906
Median Rent
$99,700
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
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Frequently Asked Questions
What type of property is this?
Duplex - The 2010-built property offers a residential layout suitable for rental use or owner occupancy.
Where is this duplex located?
The property is located at 2414 N Glass Tyler, TX.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 2,444‑square‑foot duplex; Built in 2010; Three bedrooms and two bathrooms
