Two-Unit Duplex
3001 Beechwood Odessa, TX 79762
New
3001 Beechwood, Odessa, TX, 79762
$400,000
For Sale
$400,000
MULTI_FAMILY - Odessa, TX
Property Size2,496 SF
Lot Size0.47 Acres
Price / SF$160.26
Days on Market2
Property Features for 3001 Beechwood
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Parking features
- Carport
- Appliances
- Free-Standing Electric Range, Disposal
- Standard status
- Active
- APN
- 32660.01050.00000
- Size
- 2,496 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4891
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 2
- Building materials
- Aluminum Siding
- Roof type
- Composition
Listing Agency
Home Charm Realty, LLC
(432) 614-1813
2512 N Grandview Ave, Odessa, TX
Listed by
Melody Villasana · License #0536819
(432) 559-7703
Added: Jul 16 Checked: Jul 17 at 3:06 pm
MLS# 176260
Listing URL
Copyright © 2026 Odessa Board 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.
Investment Insights
Based on property information with market context.
This two-unit duplex provides two separate residential units under one property, making it suitable for an owner-occupant looking to live in one unit and rent the other, or for an investor seeking rental income. The property sits on a residential lot in an established neighborhood.
Located at 3001 Beechwood in Odessa, Texas 79762 (Ector County), the duplex offers a straightforward configuration for tenants or buyers comfortable managing a two-unit rental setup.
As a duplex, the asset’s practical use is centered on the two-unit layout, with income potential supported by the presence of two distinct units on-site.
Located at 3001 Beechwood in Odessa, Texas 79762 (Ector County), the duplex offers a straightforward configuration for tenants or buyers comfortable managing a two-unit rental setup.
As a duplex, the asset’s practical use is centered on the two-unit layout, with income potential supported by the presence of two distinct units on-site.
Key Highlights
- 2‑unit duplex with room count listed for two bathroom spaces and multiple bedrooms
- Year built 1976
- Central heating with natural gas and central air conditioning
Local Financial Insights For Multifamily LT 5
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 | $34.4k | $13.80 |
| − Vacancy | −$2.2k | −$0.90 |
| EGI | $32.2k | $12.90 |
| − OpEx | −$9.7k | −$3.87 |
| NOI | $22.5k | $9.03 |
2,496 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$322.1K
$281.8K – $375.7K
NOI $22,544 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$289.2K
$253.0K – $337.4K
NOI $20,242 @ 7.0% cap · market cap 5.06%
Theoretical Best
Flex RnD
$3.63M
$3.18M – $4.23M
NOI $254,004 @ 7.0% cap · market cap 63.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two separate units in Odessa, TX, offering flexible live-in or rental income use.
Where is this duplex located?
The property is located at 3001 Beechwood Odessa, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2‑unit duplex with room count listed for two bathroom spaces and multiple bedrooms; Year built 1976; Central heating with natural gas and central air conditioning