301 W Commerce

gladewater, Tx 75647

Price: $634,900
Property Type: Multi-family
Status: Active
MLS #: 25008342
County: Gregg
Year Built: 1932
Bedrooms: Two
Bathrooms: Two
Square Feet: 11122
Acres: 0.73
Elementary School: GLADEWATER
Middle School: GLADEWATER
High School: GLADEWATER
Prime Investment Opportunity in Downtown Gladewater – Fully Leased 8-Unit Multifamily Property with Expansion Potential! Located just steps from the shops, dining, and charm of historic downtown Gladewater, this exceptional 8-unit apartment complex offers immediate cash flow with exciting future upside. Built in 1932, this two-story property is full of character and has been thoughtfully maintained to appeal to long-term tenants and savvy investors alike. The property features a mix of 1-bedroom and 2-bedroom units, all currently leased, along with on-site laundry facilities, plenty of off-street parking, large storage rooms for tenant use, and RV parking with electrical hookups—providing an additional income stream and appealing to both traveling professionals and extended-stay tenants. An investor’s dream, this property also includes over 4,100 square feet of unused building space, offering a rare opportunity to add value. Whether you’re considering additional residential units, office or retail space, short-term rentals, or tenant amenities, this space gives you the flexibility to grow your investment and increase returns. Situated in a high-demand rental area, this property is a turn-key asset with current occupancy and strong rental appeal—perfect for both seasoned investors and those looking to expand their portfolio. Don’t miss out on this rare opportunity in one of East Texas’s most charming downtown districts—schedule your private tour today!!!
CONSTRUCTION
Brick Veneer
Siding
COOLING
Central Electric
DRIVEWAY
Paved




Courtesy: Williams, Charlotte • Keller Williams Realty-Tyler • 903-534-6600

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.

This content last refreshed on 06/14/2025 02:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.