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    Downtown Redevelopment Multifamily Property

    400 E Ferguson Tyler, TX 75702

    400 E Ferguson, Tyler, TX, 75702
    $730,000
    For Sale
    Claim this Listing
    $730,000

    MULTI_FAMILY - Tyler, TX

    Property Size10,000 SF
    Price / SF$73
    AddedJun 12
    Days on Market34
    Last RefreshJul 15 at 11:06 pm

    Property Features for 400 E Ferguson

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    10
    Bathrooms
    10
    Rooms
    Bathroom 8, Bathroom 6, Bathroom 3, Bedroom 9, Bathroom 4, Bedroom 8, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 7, Bathroom 10, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 10, Bedroom 1, Bathroom 9, Bedroom 3, Bedroom 2, Bathroom 5
    Standard status
    Active
    Size
    10,000 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8764

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    1930
    Number of units
    10
    Building materials
    Wood/ Frame

    Listing agent Steven Cardenas License #0837571

    Listing office Smith & Crisp Realty Group, LLC 7212 Old Jacksonville Hwy, Tyler, TX

    Listing date Jun 12, 2026

    MLS# 25016772 Listing URL

    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.

    Investment Insights

    Based on property information with market context.

    This multifamily offering consists of seven buildings with a total of ten rental units. The property is presented as a redevelopment opportunity, with current income described as $8,600 per month while planning a future multifamily or mixed-use project. The asset totals 10,000 square feet.

    The property is located at 400 E Ferguson in Tyler, Texas (Smith County). Public remarks indicate the site is one block from the new Smith County Courthouse, placing it within an area described as surrounded by major public and private investment.

    For buyers looking for a small-scale apartment income asset with redevelopment flexibility, this structure supports an immediate operating plan while evaluating longer-term repositioning. The seven-building configuration and ten-unit count provide a straightforward portfolio-style setup for an owner-operator or an investor pursuing a planned transition into another residential or mixed-use concept, subject to applicable approvals and permitting.

    Key Highlights

    • 7‑building, 10‑unit property in downtown Tyler
    • Generates $8,600/month in rental income
    • Located one block from the new Smith County Courthouse

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Storage Facility Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher

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

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    FAQs

    What type of property is this?
    Apartment building - Seven-building, ten-unit rental asset near the Smith County Courthouse, positioned for a redevelopment-minded buyer.
    Where is this apartment building located?
    The property is located at 400 E Ferguson Tyler, TX.
    What is the asking price?
    The asking price for this property is $730,000.
    What are key features of this property?
    This property features: 7‑building, 10‑unit property in downtown Tyler; Generates $8,600/month in rental income; Located one block from the new Smith County Courthouse
    Contact an agent
    (903) 509-4111
    We can help!
    Contact an agent
    Steven Cardenas
    Real Estate License ID: 0837571
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