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Rare opportunity to acquire a fully occupied 10-unit multifamily asset in rapidly growing Greenville, TX. The motivated seller has recently implemented a meaningful price improvement, creating an attractive entry point for investors seeking immediate, strong cash flow with performance exceeding the 1% rule and additional upside through rent growth and ancillary income opportunities. The property features a diverse unit mix of 8 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom unit, consisting of an 8-unit main building and a 2-unit carriage house. Interior renovations were completed in 2021, and the current owner has invested over $80,000 in additional capital improvements, contributing to the property's overall condition and tenant retention. This asset is professionally managed, offering a seamless transition for a new owner, and is ideally positioned across from a well-maintained public park"”enhancing tenant appeal and long-term demand. Fully occupied with stabilized income in place, this is a strong opportunity for investors looking to step into a performing asset with both immediate returns and future upside. No showings prior to executed contract. Please do not disturb tenants.
| LAST UPDATED | 5/4/2026 | TRACT | Graham Park Add |
|---|---|---|---|
| YEAR BUILT | 1975 | COUNTY | Hunt |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Mar 11, '26 | $895,000 |
|---|---|
| Mar 11, '26 - Apr 10, '26 | $865,000 |
| Apr 10, '26 - May 4, '26 | $780,000 |
| May 4, '26 - Today | $739,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Brick |
| HEAT | Central |
| LOT | 0.597 acre(s) |
| PARKING | Common, On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Graham Park Add |
| TAXES | 14133 |
| UTILITIES | Cable Available, Electricity Available |
| WATER | Public |
| ZONING | Multi Family Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Greg Parks, Milestone Premier Properties
This data was last updated on: 5/19/26 11:34 AM PDT
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