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Updated 4-Plex Investment Property

872 W Vanderbilt Street Stephenville, TX 76401

872 W Vanderbilt Street, Stephenville, TX, 76401
$665,000
For Sale
Under Contract
$665,000

MULTI_FAMILY - Stephenville, TX

Lot Size0.25 Acres
Days on Market18

Property Features for 872 W Vanderbilt Street

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
8
Rooms
Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 7, Bathroom 7, Bedroom 4, Bathroom 8, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 5, Bedroom 2, Bathroom 3
Parking
8
Interior features
GraniteCounters
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, Washer
Standard status
Active Under Contract
APN
R000073712
Lot size
0.25 Acres

Taxes and HOA fees

Tax Description
ACRES: 0.247 S5400 PARK PLACE ADDITION BLOCK
Tax Annual Amount
10224

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air

Building Details

Year built
2008
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Laminate
Building materials
Brick
Roof type
Composition
Listing agency Majestic Realty Group
Listed by Josey Key
Added: Jul 5 Updated: Jul 17 at 1:45PM Checked: Jul 22 at 6:06AM
MLS# 21289673

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This updated 4-plex offers four matching residential units, each featuring 2 bedrooms and 2 full bathrooms. Improvements and refreshed finishes include granite countertops, luxury vinyl plank flooring, and fresh paint throughout. The layouts are designed for straightforward, comfortable living, and every unit is equipped with a refrigerator plus a stackable washer and dryer to add daily convenience for residents. Outside, the property includes a shared large fenced backyard that gives tenants a defined outdoor space, and the front provides 8 dedicated parking spaces for off-street parking.

Located within walking distance of Tarleton State University, the property is positioned to serve steady demand from students, faculty, and local tenants. The area also offers convenient access to campus-related destinations, with nearby dining, shopping, and entertainment described as just minutes away.

For investors, this asset combines an updated interior package with practical resident amenities that can support long-term tenant appeal. The student-friendly unit mix and in-unit laundry make it well-suited for a rental strategy focused on continuity and ease of leasing, while the shared fenced yard and dedicated parking help differentiate the property in a multifamily rental market.

Key Highlights

  • Updated 4‑plex built in 2008 with 2 bedrooms and 2 full bathrooms in each unit
  • Kitchen updates include granite countertops; flooring includes luxury vinyl plank and laminate
  • Each unit includes a refrigerator and stackable washer and dryer

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Semper Fi Striping ... General Contractor

Suggested Use

Dental Office Carpet & Flooring Store (Bike/Boat/Book/etc) Store Food Market Acupuncture Grocery & Convenience Store Home Appliance Store (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Updated four-unit with modern finishes, in-unit laundry, and off-street parking near Tarleton State University.
Where is this quadplex located?
The property is located at 872 W Vanderbilt Street Stephenville, TX.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Updated 4‑plex built in 2008 with 2 bedrooms and 2 full bathrooms in each unit; Kitchen updates include granite countertops; flooring includes luxury vinyl plank and laminate; Each unit includes a refrigerator and stackable washer and dryer
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