Triplex Income
3716 N Elm Street Denton, TX 76207
3716 N Elm Street, Denton, TX, 76207
$495,000
For Sale
$495,000
MULTI_FAMILY - Denton, TX
Lot Size0.44 Acres
Days on Market123
Property Features for 3716 N Elm Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Parking
- 4
- Parking features
- Driveway
- Interior features
- CableTv
- Appliances
- ElectricRange
- Standard status
- Active
- APN
- R35169
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Description
- A0810A N.H. MEISENHEIMER, TR 14, .438 ACRES,
- Tax Annual Amount
- 6661
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Carpet
- Building materials
- WoodSiding
- Roof type
- Composition
Listing Agency
Stag Residential
(940) 400-7824
Denton, TX
Listed by
Jeff Withers · License #0644917
(940) 400-7824
Added: Mar 17 Checked: Jul 17 at 2:06 pm
MLS# 21178275
Listing URL
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Investment Insights
Based on property information with market context.
This income-producing triplex combines a front duplex with a detached efficiency unit, creating diversified rental streams within a single asset. The property is currently leased and producing cash flow, with an indicated monthly rental income of $4,220. While the home may benefit from some TLC and cosmetic improvements over time, the existing tenancy supports immediate investor income. The detached efficiency configuration also offers a practical way to market and manage different household needs under one ownership structure.
Located in North Denton, the property provides convenient access to I-35 and Loop 288. It is also a short drive to the University of North Texas and Texas Woman’s University, which can support ongoing rental demand tied to students, faculty, and the local workforce. Nearby retail, dining, and everyday amenities further enhance tenant appeal.
For investors, this is a straightforward option for anyone looking to acquire a leased multifamily property with current performance and room to improve. Cosmetic updates and strategic adjustments could help enhance long-term rent potential, while the current unit mix offers stability compared with a single-rental setup. This property is well-suited for buyers who value income today and prefer a measured path toward improving overall returns.
Located in North Denton, the property provides convenient access to I-35 and Loop 288. It is also a short drive to the University of North Texas and Texas Woman’s University, which can support ongoing rental demand tied to students, faculty, and the local workforce. Nearby retail, dining, and everyday amenities further enhance tenant appeal.
For investors, this is a straightforward option for anyone looking to acquire a leased multifamily property with current performance and room to improve. Cosmetic updates and strategic adjustments could help enhance long-term rent potential, while the current unit mix offers stability compared with a single-rental setup. This property is well-suited for buyers who value income today and prefer a measured path toward improving overall returns.
Key Highlights
- Triplex in Denton, TX: front duplex plus a detached efficiency unit for multiple rental streams in one property
- Currently leased and generating $4,220 per month in rental income
- Convenient North Denton access with quick routes to I‑35 and Loop 288
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Leased triplex with duplex and detached efficiency generating $4,220 monthly, with upside for light cosmetic improvements.
Where is this triplex located?
The property is located at 3716 N Elm Street Denton, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Triplex in Denton, TX: front duplex plus a detached efficiency unit for multiple rental streams in one property; Currently leased and generating $4,220 per month in rental income; Convenient North Denton access with quick routes to I‑35 and Loop 288
