140 FM 16 W, Tyler, TX 75706
140 FM 16 W, Tyler, TX 75706
140 FM 16 W, Tyler, TX 75706
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$649,900
Est. payment /mo
6 Beds
4 Baths
3,432 SqFt
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,432 sqft

Price per Sqft $189

Subdivision Abst A0377 C Green

MLS Listing ID 26003219

Bedrooms 6

Year Built 1964

Tax Year 2025

Lot Size 6.514 Acres

Acres 6.514

Property Sub-Type Triplex

Property Description

Investor Alert! This fully renovated Triplex is a rare find and a fantastic income-producing opportunity. Formerly a storefront/office with an attached apartment, the property has been completely reimagined into three residential units: a 1-bedroom, 1-bath, a 2-bedroom, 1-bath, and a 3-bedroom, 2-bath—perfect for a diverse tenant mix and strong rental returns. Each unit features stylish, updated finishes, and the property includes a large parking area and fully fenced backyards, enhancing both privacy and curb appeal. Situated near I-20 at the intersection of FM 14 and FM 16 in Red Springs, this property carries a Tyler address and is located within the Winona ISD. Whether you're an experienced investor or just starting out, this turnkey property checks all the boxes. And with room for expansion from the adjoining property, the potential here only continues to grow. Don't miss your chance to secure a property that's already generating income and offers even more opportunity for the future!

Location

State TX

County Smith

Zoning Commercial

Interior

Heating Central Electric

Cooling Central Electric

Fireplaces Type None

Exterior

View Y/N No

Building

Foundation Slab

Sewer AerobicSeptic Sys

Level or Stories 1 Story

Schools

Elementary Schools Winona

Middle Schools Winona

High Schools Winona

Others

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash


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Greater Tyler MLS (GTARMLS)
Listed by Ryan Major • Keller Williams Realty-Tyler

Nearby School & Business

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Leslie Cain

Leslie Cain

+1(903) 520-7696

Broker/Owner | License ID: 0606000

Broker/Owner License ID: 0606000

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