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Income-Producing Triplex
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 Market53

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 Changed: Oct 25 Last Checked: Oct 28 at 1:23PM

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

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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

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

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
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