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Two-Unit Duplex Residence

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
2512 N Grandview Ave, Odessa, TX
Listed by Melody Villasana · License #0536819
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.

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 (±1% cap)
NOI $22,544 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$289.2K
$253.0K – $337.4K (±1% cap)
NOI $20,242 @ 7.0% cap · market cap 5.06%
Theoretical Best
Flex RnD
$3.63M
$3.18M – $4.23M (±1% cap)
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

Suggested Use

Daycare Center Law Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Carpet & Flooring Store Food Market Acupuncture Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
More about this property
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