Leased 4-Plex Investment
For Sale
$549,000
5311 S State Highway 37, Mineola, TX 75773
All four units are currently leased, offering immediate rental occupancy in a for-sale 4-plex.
Property Size3,800 SF
Price / SF$144.47
Days on Market211
Property Features for 5311 S State Highway 37
General Information
Standard status
Active
Size
3,800 SF
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
RE/MAX Tyler
(903) 530-3675
Listed By:
Laura Corbett · License #0474185
(903) 530-3675
Source:
Exprealty
Added: Jan 5
Changed: Jul 10
Last Checked: Jul 31 at 3:49PM
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 RE/MAX Tyler
Investment Insights
Based on property information with market context.
This offering is a four-plex residential income property with all units currently leased. The building is configured as four separate rental units, providing an in-place, fully occupied setup for an owner who wants to take over operations with tenants already in place.
The property is located at 5311 S State Highway 37 in Mineola, Texas. The seller’s remarks indicate that another building and a home could be part of the sale, which may affect the final scope of what’s included.
For buyers looking for a small multi-family portfolio with existing tenant occupancy, this property’s leased status is a key factor to evaluate. It may also appeal to investors or owner-operators who prefer acquiring an income-producing residential asset without waiting for new leasing. Prospective buyers should confirm the details of the additional building and home inclusion, as noted in the remarks, and review lease terms as part of their due diligence.
The property is located at 5311 S State Highway 37 in Mineola, Texas. The seller’s remarks indicate that another building and a home could be part of the sale, which may affect the final scope of what’s included.
For buyers looking for a small multi-family portfolio with existing tenant occupancy, this property’s leased status is a key factor to evaluate. It may also appeal to investors or owner-operators who prefer acquiring an income-producing residential asset without waiting for new leasing. Prospective buyers should confirm the details of the additional building and home inclusion, as noted in the remarks, and review lease terms as part of their due diligence.
Key Highlights
- 4‑plex with all four units currently leased
- Immediate rental occupancy with all units occupied
- Seller notes another building and home could be included in the sale
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 75773, TX
13,559
Population
6,291
Households
2.2
Avg Household Size
46
Median Age
22%
College-Educated
89%
High-School Grad
177.0 sq mi
ZIP Area
77
Density / Sq Mi
$55,745
Median Household Income
$35,678
Median Earnings
$746
Median Rent
$221,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - All four units are currently leased, offering immediate rental occupancy in a for-sale 4-plex.
Where is this quadplex located?
The property is located at 5311 S State Highway 37 Mineola, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 4‑plex with all four units currently leased; Immediate rental occupancy with all units occupied; Seller notes another building and home could be included in the sale
