| Price: | $895,000 |
| Property Type: | commercial_industrial |
| Status: | Active |
| MLS #: | 26012273 |
| Eastgate Duplexes presents the opportunity to acquire a 14-unit multifamily portfolio consisting of seven single-story duplex buildings across eight separate parcels in Gladewater, Texas. The portfolio totals 13,384 SF on approximately 3.19 acres, with a uniform mix of fourteen 2-bedroom, 1-bath units averaging approximately 956 SF each. Ownership has completed significant recent improvements, including new roofs and gutters across all seven buildings in 2025, along with interior renovations and flooring improvements in select units. The portfolio offers identifiable upside through continued rent growth, with in-place rents averaging approximately $850 per month and recent leases signed at $900 and $950. The separate parcel configuration also provides investors with added flexibility to hold the portfolio as a whole or potentially sell individual duplex properties over time. PROPERTY DETAILS & HIGHLIGHTS 1Located between Tyler and Longview with convenient access to U.S. Highway 80 and Interstate 20, Eastgate Duplexes offers a manageable multifamily investment with current income, recent capital improvements, and multiple paths for future value creation. | |
| Area: | Gregg |
| Year Built: | 1976 |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 3.19 |
| Features | ||
|---|---|---|
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SEWER Public Sewer
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Construction Materials
Brick
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Terrain
Inside City Limits
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Courtesy: Scarborough, Samuel • Scarborough Commercial Real Estate • 903-707-8560
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
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