805 W Rusk St, Marshall, TX 75670

$145,000

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List Price
$145,000
Price Change
▼ $15,000 1789179481
MLS#
20264607
Status
ACTIVE
Type
Multifamily
Year Built
1939
County
Harrison
City
Marshall

Property Description

Income-producing opportunity just minutes from downtown Marshall! Whether you're looking to expand your portfolio or purchase your first investment property, this upstairs duplex offers immediate rental income with room to grow. Each of the two 1-bedroom, 1-bath units features a comfortable living area, kitchen, and private bedroom, creating an appealing layout for long-term tenants. Both apartments are located on the second floor with shared stair access, while the ground level provides a community laundry area along with valuable garage and storage space for tenant use. One unit also offers the added convenience of a private exterior staircase and landing. Currently, one unit is occupied and generating $600 per month in rental income, while the second unit is vacant and ready for a new tenant, owner updates, or potential rent increases. With current rents below market value, this property presents an excellent value-add opportunity and the potential to increase cash flow over time. Conveniently located near Highway 80, historic downtown Marshall, East Texas Baptist University, and Wiley University, this duplex is well-positioned to attract consistent rental demand. With immediate income, upside potential, and a desirable location, this is an investment opportunity you won't want to miss.

Additional Information

Unexempt Taxes
$2,350
Roof
Composite

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Listing courtesy of Ladarius Carter from Piney Woods Property Co.. Contact:

Listing Courtesy of: Ladarius Carter, with Piney Woods Property Co.