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Listed price in listed location currency (USD).
$895,000

000

MLS® 26012273

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 20
Lot Size 3.19 Acres
Approx. Age 1976
MLS® Number 26012273

Property Address: 1007 Richey Dr, Gladewater, TX, 75647-5002

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

Description

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.
MLS® Number26012273
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1976
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

----

Appreciation

--

Avg. Days Listed

19 days

Today, For Sale for $895,000

For Sale · 19 days

$895,000

MLS® 26012273

20 days ago

Not Sold Yet

September 2026, For Sale for $895,000

For Sale · 19 days

$895,000

MLS® 26012273

20 days ago

Not Sold Yet

  • Sep 2, 2026, For Sale for $895,000

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