Brick Duplex with Private
2707 N Grand, Tyler, TX 75702
For Sale
$159,900
Residential Income, Tyler, TX
Property Size1,675 SF
Price / SF$95.46
Days on Market49
Property Features for 2707 N Grand
General Information
Property type
Property subtype
Elementary school
Middle school
High school
Directions
Standard status
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Listing Agency:
Texas Real Estate Executives
(903) 680-4663
Listed By:
Nacole Eaton · License #0720647
(903) 539-8617
Added: Sep 22
Changed: Oct 8
Last Checked: Nov 9 at 10:06AM
MLS# 26013078
Copyright © 2026 Greater Tyler Association of Realtors. 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.
Located at 2707 N Grand in Tyler, this 1,675-square-foot duplex includes two residential units, each configured with two bedrooms. Separate private entrances serve the units, while off-street parking supports everyday access. Brick construction, central heating, electric cooling, and central air conditioning are in place. The property was built in 1969 and connects to public sewer. Its duplex configuration provides a defined residential income property format for an owner or investor evaluating a two-unit asset in Tyler.
Key Highlights
- 1,675‑square‑foot duplex with two residential units
- Each unit includes two bedrooms
- Separate private entrances for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,178
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,560
$283.6K
Cap Rate 7%
$202,543
$202.5K
Cap Rate 9%
$157,533
$157.5K
Market Conditions
NOI Build-Up for 1,675 SF
Gross rent
$27.1K $16.20/SF
− Vacancy
−$1.4K −$0.81/SF
EGI
$25.8K $15.39/SF
− OpEx
−$11.6K −$6.93/SF
NOI
$14.2K $8.46/SF
Area
Tyler, TX
Vacancy
5.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,560
Cap Rate 7%
$202,543
Cap Rate 9%
$157,533
Alternative Uses
Best Use
Multifamily LT 5
$216.1K
$189.1K – $252.2K
NOI $15,129 @ 7.0% cap · market cap 9.46%
Second Best
Apartment 5plus
$202.5K
$177.2K – $236.3K
NOI $14,178 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$373.9K
$327.1K – $436.2K
NOI $26,170 @ 7.0% cap · market cap 16.37%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
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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
$99,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Tyler, TX
Properties on Market for Duplexes in Tyler
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units provide separate access and convenient off-street parking.
Where is this duplex located?
The property is located at 2707 N Grand Tyler, TX.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 1,675‑square‑foot duplex with two residential units; Each unit includes two bedrooms; Separate private entrances for both units
