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Vacant 5-Unit Apartment Building
For Sale
$125,000

702 Warford Street, Wichita Falls, TX 76301

For sale vacant 5-unit apartment complex offered as part of a portfolio, with rental upside once remodeled.

Property Size5,224 SF
Price / SF$23.93
Days on Market636

Property Features for 702 Warford Street

General Information

Standard status Active
Size 5,224 SF
Total Parking Spaces 5
Property subtype Multi-Family / Apartment/5Plex+

Additional Details

Multifamily Units 5

Amenities

Wall/Window Unit(s)
Natural Gas, Space Heater
Yes
Hardwood, Vinyl
Gas Range, Plumbed For Gas in Kitchen, Refrigerator
Other
No
Composition
Two
2
Pillar/Post/Pier
Public Records
5
Wood

Building Details

Year Built 1927
Buildings 1
Tenancy Multi
Listing Agency: InterHomes Realty
Listed By: Ashley Self · License #0637892
Source: Compass
Added: Dec 11, 2024 Changed: Aug 8 Last Checked: Jul 23 at 2:01AM

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 InterHomes Realty

Investment Insights

Based on property information with market context.

This for-sale 5-unit apartment building is currently vacant and positioned for a remodel and lease-up. The property is presented as part of a portfolio offering, and the public remarks indicate rent potential of $3,500+ per month once remodeled.

The property is located at 702 Warford Street in Wichita Falls, Texas.

Interested buyers should inquire with the agent for additional portfolio details and any information regarding the planned improvements and expected income once the units are returned to market-ready condition.

Key Highlights

  • Vacant 5‑unit apartment complex offered as part of a portfolio
  • Two‑story wood construction built in 1927 with composition roof
  • Pillar/post/pier foundation and basement present

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Dental Office Bakery Pet Store Home Appliance 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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,446
Businesses Nearby

Demographics for 76301, TX

15,320
Population
7,762
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
80%
High-School Grad
11.4 sq mi
ZIP Area
1,344
Density / Sq Mi
$41,828
Median Household Income
$29,532
Median Earnings
$790
Median Rent
$71,900
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?
Apartment building - For sale vacant 5-unit apartment complex offered as part of a portfolio, with rental upside once remodeled.
Where is this apartment building located?
The property is located at 702 Warford Street Wichita Falls, TX.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Vacant 5‑unit apartment complex offered as part of a portfolio; Two‑story wood construction built in 1927 with composition roof; Pillar/post/pier foundation and basement present
More about this property
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