Clarksville Fourplex with Development
For Sale
Contact for pricing
Pending
104 W South St, Clarksville, TX 75426
Fourplex in Clarksville, TX with income and expansion possibilities.
Property Size4,416 SF
Days on Market688
Property Features for 104 W South St
General Information
Standard status
Pending
Size
4,416 SF
Class
C
Property subtype
Multifamily
Occupancy
80%
Investment Type
Value Add
Net Operating Income
$25,200
Building Details
Year Built
1984
Year Renovated
2008
Buildings
1
Stories
2
Units
4
Listing Agency:
Recon Realty
Listed By:
Andy Williams · License #TX 650114
(214) 228-7066
Source:
Crexi
Added: Oct 20, 2024
Changed: Aug 22
Last Checked: Sep 7 at 1:00AM
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 Recon Realty
Investment Insights
Based on property information with market context.
Located in Clarksville, TX, this fourplex property offers an investment opportunity with current rental income and future growth potential. Each unit is rented at $650 per month, generating a total annual income of $31,200. The property was last renovated in 2008 and features separately metered units. The property's lot size allows for the potential construction of an additional building, increasing the property's capacity and rental income. The property is suitable for investors looking to expand their portfolio with both immediate cash flow and long-term appreciation. The property size is 4416 square feet.
Key Highlights
- Consistent Rental Income: Generates $31,200 annually with all 4 units currently rented.
- Future Development Potential: Large lot allows for construction of an additional building.
- Separately Metered Units: Reduces operational overhead and simplifies utility management.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Explore this area
Business Placement
Demographics for 75426, TX
4,717
Population
2,581
Households
1.8
Avg Household Size
50
Median Age
17%
College-Educated
91%
High-School Grad
321.6 sq mi
ZIP Area
15
Density / Sq Mi
$40,157
Median Household Income
$22,754
Median Earnings
$906
Median Rent
$105,900
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 - Fourplex in Clarksville, TX with income and expansion possibilities.
Where is this quadplex located?
The property is located at 104 W South St Clarksville, TX.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Consistent Rental Income: Generates $31,200 annually with all 4 units currently rented.; Future Development Potential: Large lot allows for construction of an additional building.; Separately Metered Units: Reduces operational overhead and simplifies utility management.
