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4-Unit Multifamily Property

2615 N Elm Street, Denton, TX 76201

For Sale
$380,000
Under Contract

ResidentialIncome, Denton, TX

Property Size2,472 SF
Lot Size0.45 Acres
Price / SF$153.72
Days on Market32

Property Features for 2615 N Elm Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 6
Parking 8
Parking features Off Street
Subdivision N H Meisenheimer
Lot features Interior Lot
Elementary school Evers Park
Middle school Calhoun
High school Denton
Elementary school district Denton ISD
Middle school district Denton ISD
High school district Denton ISD
Directions From downtown Denton, travel north on N Elm St. Continue north past University Dr US-380. Property will be located on N Elm St near the Bolivar North area.
Standard status Active Under Contract
APN R34264
Size 2,472 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Description A0811A N. H. MEISENHEIMER, TR 133, .4499 ACRE
Tax Annual Amount 3817
Legal Description A0811A N. H. MEISENHEIMER, TR 133, .4499 ACRE

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1947
Floors in Building 2
Number of units 3
Building materials Frame, WoodSiding
Roof type Composition
Buildings 2
Listing Agency: NB Elite Realty
Listed By: Matthew Gallagher · License TX #0830174
Added: Oct 12 Changed: Nov 10 Last Checked: Nov 12 at 8:06PM
MLS# 21408264

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This Denton property brings together a triplex and a separate single-family house, with 2,472 square feet of building area on a 0.45-acre lot. The triplex contains two one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit; the additional house has two bedrooms and one bathroom. Built in 1947, the buildings have frame and wood siding construction, composition roofing, natural gas heat, and central air conditioning. Public water and sewer serve the property, with off-street parking available.

The property is in Denton, near the University of North Texas, Texas Woman’s University, and Downtown Denton. Shopping, dining, and major roadways are also identified among the surrounding amenities.

Key Highlights

  • Four dwellings: a triplex plus a separate single‑family residence
  • Triplex mix: two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
  • Separate house has 2 bedrooms and 1 bath

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby

Demographics for 76201, TX

27,610
Population
13,087
Households
2.1
Avg Household Size
26
Median Age
46%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
5,020
Density / Sq Mi
$37,863
Median Household Income
$18,308
Median Earnings
$1,128
Median Rent
$250,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Denton, TX

$186 Jul
$225 Aug
$203 Sep
$208 Oct

Properties on Market for Multifamily properties in Denton

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A triplex and a separate house provide four rental dwellings with varied bedroom layouts.
Where is this multifamily property located?
The property is located at 2615 N Elm Street Denton, TX.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Four dwellings: a triplex plus a separate single‑family residence; Triplex mix: two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; Separate house has 2 bedrooms and 1 bath
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