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Multifamily Property with Rental Units
For Sale
$275,000

605 E Houston St, Marshall, TX 75670

Commercial property featuring a house and five rental units.

Property SizeContact for details
Days on Market112

Property Features for 605 E Houston St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,704
Listing Agency: Century 21 A Select Group
Listed By: Richie Arnold · License #0559381
Source: Exprealty
Added: May 20 Changed: Sep 4 Last Checked: Sep 7 at 11:29AM

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 Century 21 A Select Group

Investment Insights

Based on property information with market context.

This commercial property includes a house and five rental units. The house is currently rented for $1000. Two of the units are rented at $700 each, one unit is rented at $650, and another at $600. This property is presented as a turnkey investment opportunity.

Key Highlights

  • Turnkey investment opportunity with existing rental income.
  • House currently rented for $1000 per month.
  • Five additional rental units available.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Carpet & Flooring Store Veterinary Clinic (Bike/Boat/Book/etc) Store Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

1,107
Businesses Nearby

Demographics for 75670, TX

16,935
Population
7,357
Households
2.3
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
127.7 sq mi
ZIP Area
133
Density / Sq Mi
$39,748
Median Household Income
$23,153
Median Earnings
$891
Median Rent
$100,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Commercial property featuring a house and five rental units.
Where is this multifamily property located?
The property is located at 605 E Houston St Marshall, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Turnkey investment opportunity with existing rental income.; House currently rented for $1000 per month.; Five additional rental units available.
More about this property
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