Excellent investment opportunity on a corner lot in a prime East Texas location! This well-established multifamily property includes a duplex and a garage apartment, offering three rental units total. The duplex 1,572 sq. ft. features a 2-bedroom-1-bath unit and a 1-bedroom-1-bath unit, while the garage apartment offers an additional 2-bedroom-1-bath layout at 750 sq. ft, with a spacious balcony.
Ideally situated near colleges and hospitals, this property has maintained consistent occupancy for 25 years — a true set-it-and-forget-it investment. All units are currently occupied, demonstrating the strong rental demand this location provides.
All three units include their own private one-car garage. Major updates already completed with all roofs replaced within the last 3-4 years.
Don’t miss this rare chance to own a proven income-producing property with a solid 25-year rental history!
| Listing Id: | 21315783 |
|---|---|
| List Price: | $225,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Closed |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 3 |
| Lot Size Square Feet: | 60.0000 |
| Lot Size Acres: | 0.0014 |
| Waterfront?: | No |
| City: | Tyler |
| County Or Parish: | Smith |
| Subdivision Name: | Na |
| Postal Code: | 75701 |
| Year Built: | 1920 |
| Unit Count: | 3 |
| Accessibility Features Yn: | No |
| Accessory Unit Sf: | 750 |
| Accessory Unit Type: | Accessory Dwelling Unit (ADU) |
| Accessory Unit?: | Yes |
| Appliances: | Gas Oven,Gas Range,Gas Water Heater,Refrigerator |
| Association Type: | None |
| Attached Garage?: | No |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 3.00 |
| Bathrooms Total Integer: | 3 |
| Building Area Source: | Assessor |
| Building Area Total: | 2,322.00 |
| Buyer Financing: | Other |
| Complex Name: | NA |
| Consent for Visitors to Record: | None |
| Construction Materials: | Frame, Rock/Stone |
| Cooling: | Central Air, Window Unit(s) |
| Directions: | FROM S BROADWAY - LOOP 323, TRAVEL NORTH ON BROADWAY 2.6 MILES. TURN RIGHT ONTO E LAKE STREET. HOUSE WILL BE ON CORNER OF DONNYBROOK AND LAKE STREET. PARKING GARAGES ON LAKE STREET. DUPLEX FACES DONNYBROOK. |
| Elementary School: | Bell |
| Elementary School Name: | Bell |
| Exterior Features: | Covered Patio/Porch |
| Fencing: | Chain Link |
| Flooring: | Hardwood |
| Foundation Details: | Other |
| Garage Spaces: | 3 |
| Garage?: | Yes |
| Gross Annual Expenses: | $5,000 |
| Gross Annual Income: | $40,620 |
| Heating: | Natural Gas, Space Heater, Wall Furnace |
| High School Name: | Tyler Legacy |
| Horse Permitted Yn: | No |
| Insurance Expense: | $300 |
| Interior Features: | Cable TV Available, High Speed Internet Available |
| Levels: | Multi/Split |
| Listing Terms: | 1031 Exchange, Cash, Conventional |
| Lot Features: | Corner Lot |
| Lot Size Area: | 60.0000 |
| Lot Size Dimensions: | 140 |
| Lot Size Units: | Square Feet |
| Middle School Name: | Hubbard |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Net Operation Income: | $35,620 |
| Number Of Buildings: | 2 |
| Number Of Parking Spaces: | 3 |
| Occupancy Rate: | 100 |
| Parking Features: | Garage Single Door |
| Patio And Porch Features: | Covered |
| Pool?: | No |
| Possession: | Closing/Funding |
| Roof: | Composition |
| School District: | Tyler ISD |
| Security Features: | Smoke Detector(s) |
| Senior Community Yn: | No |
| Smart Home Features Appor Pass Y: | 0 |
| Special Taxing Entities: | 0 |
| Tenancy: | Pets Allowed, Other |
| Utilities: | City Sewer, City Water |
| Will Subdivide: | Subdivided |
| Year Built Details: | Preowned |
Listing Courtesy of: Bloxom Realty LLC
Listing Agent: LESLIE HARRIS
817-480-2461
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North Texas Real Estate Information Systems, Inc. data last updated on November 03, 2026 08:44 PM - CT
Property Last Updated: November 03, 2026 08:44 PM - CT
