518 Oakridge Drive 9 Units, Greenville, TX

$1,600,000

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18

Beds

18

Baths

0.07

Acres

About 518 Oakridge Drive 9 Units

Nine fully occupied connected townhomes offering an outstanding investment opportunity in a high-demand rental area near L3Harris Technologies and Lamar Elementary School. Seller prefers to sell all nine units together as a package deal and will not divide. Each townhome features 2 bedrooms, 2 bathrooms, a one-car garage, granite countertops, dishwasher, and electric range. Strong tenant appeal due to proximity to major employers, schools, shopping, restaurants, and convenient access to Interstate 30 for commuters traveling into Dallas. Property offers stable occupancy with excellent income-producing potential for investors seeking a turnkey multifamily opportunity. Functional floorplans, low-maintenance features, and desirable location contribute to long-term rental demand. Easy access to retail, dining, and everyday conveniences makes these units attractive for both workforce and family tenants. Excellent opportunity to expand or begin an investment portfolio with a fully leased package in a growing area. Current occupancy provides immediate cash flow with upside potential for future appreciation and rental growth. Rare chance to acquire multiple connected townhomes in one transaction with strong rental history and desirable amenities. Ideal for investors looking for consistent income, strong tenant retention, and a property positioned near employment centers and commuter routes.

Features of 518 Oakridge Drive 9 Units

MLS® # 21276833
Price $1,600,000
Bedrooms 18
Bathrooms 18.00
Full Baths 18
Acres 0.07
Year Built 1988
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 518 Oakridge Drive 9 Units
Subdivision Oak Ridge Add
City Greenville
County Hunt
State TX
Zip Code 75402-7601

Amenities

Utilities All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Co-op Electric, Electricity Connected
Parking Spaces 1
Garages Alley Access, Garage, Garage Door Opener, 2-Car Single Doors
Is Waterfront No
Pool On Property No

Interior

Interior Features Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Walk-In Closet(s)
Heating Central, Electric
Fireplace No

Exterior

Exterior Features Covered Porch(es)
Lot Features Few Trees, Interior Lot, Landscaped, Level
Roof Composition
Construction Brick, Siding
Foundation Slab

School Information

District Greenville ISD
Elementary Lamar
Middle Greenville
High Greenville

Additional Information

Flooring Carpet, Vinyl
Net Income $67,000
Building Sqft 1,238
# Units 9

Listing Details

AgentHolly Gray
OfficeCentury 21 First Group
Contact Info903-456-3165

Listing Map

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