301 W Commerce, Gladewater, TX 75647
Local realty services provided by:Better Homes and Gardens Real Estate I-20 Team
301 W Commerce,Gladewater, TX 75647
$500,000
- - Beds
- - Baths
- 11,122 sq. ft.
- Multi-family
- Active
Listed by: charlotte williams, regina edwards
Office: keller williams realty-tyler
MLS#:25013240
Source:TX_GTAR
Price summary
- Price:$500,000
- Price per sq. ft.:$44.96
About this home
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!!!
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Home facts
- Year built:1932
- Listing ID #:25013240
- Added:194 day(s) ago
- Updated:December 14, 2025 at 03:45 PM
Rooms and interior
- Living area:11,122 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Central Electric
Structure and exterior
- Year built:1932
- Building area:11,122 sq. ft.
- Lot area:0.73 Acres
Schools
- High school:Gladewater
- Middle school:Gladewater
- Elementary school:Gladewater
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$44.96
- Tax amount:$15,319
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