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Income-Producing Triplex
New
For Sale
$395,000

503-507 Pearl St, Denton, TX 76201

Three separate units allow rental operation or an owner-occupant arrangement.

Property Size2,392 SF
Price / SF$165.13
Days on Market6

Property Features for 503-507 Pearl St

General Information

Standard status Active
Size 2,392 SF
Property subtype Multi-Family

Additional Details

Gross Income $38,340
Multifamily Units 3

Building Details

Year Built 1949
Listing Agency: Stag Residential
Listed By: Jeff Withers · License #0644917
Source: Christenberrygroup
Added: Sep 8 Last Checked: Sep 12 at 11:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stag Residential

Investment Insights

Based on property information with market context.

This 2,392-square-foot triplex contains three separate residential units and was built in 1949. The property is currently operated as an income-producing asset, with an arrangement that can accommodate continued rental use across all units or owner occupancy in one unit while the remaining two generate rental income.

Located at 503-507 Pearl St in Denton, the property is minutes from the historic Denton Square and both local universities. Its proximity to dining, entertainment, and campus activity places the three-unit layout within an established residential rental context. The configuration brings multiple units together in one property while retaining flexibility for an investor or an owner-occupant.

Key Highlights

  • Three‑unit residential property with income‑producing operation
  • 2,392 square feet across three separate units
  • Built in 1949

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods Florist Clothing & Fashion Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,395
Businesses Nearby

Demographics for 76201, TX

27,610
Population
13,087
Households
2.1
Avg Household Size
26
Median Age
46%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
5,020
Density / Sq Mi
$37,863
Median Household Income
$18,308
Median Earnings
$1,128
Median Rent
$250,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate units allow rental operation or an owner-occupant arrangement.
Where is this triplex located?
The property is located at 503-507 Pearl St Denton, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three‑unit residential property with income‑producing operation; 2,392 square feet across three separate units; Built in 1949
More about this property
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