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Listed price in listed location currency (USD).
$3,499,000

320

MLS® 96682164

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 20800 sqft
Garage 
Taxes $31,973
Days Active 2
Lot Size 
Approx. Age 2008
Avg. Price Per Sqft $168
MLS® Number 96682164

Property Address: 722 N Sharp St, Franklin, TX, 77856-4832

Average square foot calculated using Size range provided by listing agent.

Description

Attractive and well-maintained 16-unit multifamily investment in Franklin, TX consisting of 8 duplexes with a hard-to-find all 3-bedroom, 2-bath layout and limited competing inventory, supporting strong and consistent tenant demand. Located within 20 minutes of Bryan/College Station with access to nearby manufacturing and industrial employment. Fully leased and producing immediate cash flow. Tenants pay utilities, helping maintain efficient operating margins. Nearly $200K in capital improvements completed, including new roofs and gutters, HVAC upgrades, and interior renovations, reducing near-term capital needs. Current rents range from $1, 300 to $1, 400, generating approximately $190K–$200K NOI. Additional upside through continued rent growth, washer/dryer installation (connections in place), and further interior and site enhancements. On-site management and vendor relationships in place, providing for a smooth transition and ease of ownership.
MLS® Number96682164
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2008
Basement
DrivewayMore than Two
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 18, 2026List Date
$3,499,000List Price

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