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$150,000
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Property Description
7-Unit Multifamily Investment Opportunity Near Downtown - Opportunity to acquire a 7-unit multifamily property priced at just $150,000, offering significant income and value-add potential. With over 4,000 square feet, 10 total bedrooms, and 8 bathrooms, the property consists of five units in the main building plus two additional units in a separate guest house. With gross rent potential north of $5,000 per month, there is plenty of upside for an investor willing to put in some work. The property needs a little love, but improvements and better management could provide an opportunity to increase rents, improve operations, and build equity. Conveniently located near downtown, giving tenants easy access to employment, shopping, dining, and everyday amenities. At this price point, investors are getting 7 units, 10 bedrooms, 8 bathrooms, two structures, 4,000+ square feet, and $60,000+ in potential annual gross rental income-a compelling value-add opportunity for the right buyer.
Full Property Details
Full Property Details for 118 S Beverly
General
- Price: $150,000
- Taxes: (2026)
- Status: Active
- Type: Single Family
- Source: Tyler_MLS
- MLS ID: 26013107
- Updated: 9/23/2026
- Added to Site: 19 day(s) ago
Interior
- Interior Features: Paneling
- Fireplace: Yes
- Fireplace(s): Other
- Appliances: Electric Range
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
- Bathroom Features: Shower/Tub
Bedrooms
- Total Bedrooms: 10
Exterior
- Porch/Patio/Deck: Patio, Covered
Location
- County: Smith
- Subdivision: City Of Tyler
- Driving Directions: N on Beckham, Right on Erwin, Right on Beverly, home is on the left
School Information
- Elementary School: Bonner
- Middle School: Moore
- High School: Tyler High
Heating & Cooling
- Cooling Type: Central Electric
- Heating Type: Central/Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Available
Structural Information
- Architectural Style: Traditional
- Construction: Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Square Feet: 4,000
- Sq. Ft. Source: Owner
- Year Built: 1920
- Year Built Source: SCAD
- Property Condition: Pre-owned
Lot Features
- Lot Description: Half Acre Or Less
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $37.5
- For Sale/Rent/Lease: For Sale
- Tax Year: 2026
Disclosures and Reports
- Legal Description: CITY OF TYLER BLOCK 148 LOT 7
Listed by The Brian Chinn Team, eXp Realty, Tyler Martin
Get Pre-Approved Today
Schools
Schools serving 118 S Beverly
School District:Tyler Independent School District
| Name | Grades | Distance |
|---|---|---|
Bonner Elementary School 235 South Saunders Avenue, Tyler, TX 75702 | PK-5 | 0.2 mi |
Moore Mst Magnet School 2101 East Devine Street, Tyler, TX 75701 | 6-8 | 1.5 mi |
Tyler High School 3535 Lion Lane, Tyler, TX 75702 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 S Beverly
Date
Details
Price
Change
Source
9/23/2026
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 S Beverly
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,424
15%
$358,148
58%
2024
$3,846
17%
$226,052
20%
2023
$3,284
-14%
$188,377
-3%
2022
$3,824
93%
$195,195
107%
2021
$1,978
1%
$94,451
1%
2020
$1,960
12%
$93,415
16%
2018
$1,756
-7%
$80,282
-9%
2019
$1,888
8%
$88,230
10%
2017
$1,746
6%
$80,282
4%
2016
$1,650
4%
$77,276
4%
2015
$1,586
2%
$74,659
2%
2014
$1,554
2%
$73,147
2%
2013
$1,519
—
$71,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 S Beverly
118 S Beverly, Tyler, TX 75702 (MLS# 26013107) is a Single Family property with 10 bedrooms and 8 full bathrooms. 118 S Beverly is currently listed for $150,000 and was received on September 23, 2026. Want to learn more about 118 S Beverly? Do you have questions about finding other Single Family real estate for sale in Tyler? You can browse all Tyler real estate or contact a Coldwell Banker agent to request more information.

