Introducing a prime investment opportunity: a stabilized 16-unit multifamily building featuring a desirable mix of spacious 2 bed x 1.5-bath and 1 bed x 1 bath units. This property combines strong tenant appeal with consistent cash flow, making it a fantastic addition to any investorâ??s portfolio. The building has been well-maintained, ensuring minimal operational headaches and offering immediate income potential. With a balanced unit mix, it attracts a wide range of tenants and providing stability in occupancy. Located near Downtown Beaumont with strong demand for quality rental housing, this property benefits from proximity to schools, shopping, dining, and public transportation. Whether youâ??re an experienced investor or looking to expand your portfolio, this multifamily asset delivers steady cash flow, long-term appreciation potential, and a solid return on investment. Donâ??t miss the chance to own this stabilized, cash-flowing property!
The median home value in Beaumont, TX is $144,200. This is higher than the county median home value of $142,400. The national median home value is $338,100. The average price of homes sold in Beaumont, TX is $144,200. Approximately 46.61% of Beaumont homes are owned, compared to 39.68% rented, while 13.7% are vacant. Beaumont real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Beaumont real estate agent to arrange a tour today!
Beaumont, Texas has a population of 115,013. Beaumont is less family-centric than the surrounding county with 22.76% of the households containing married families with children. The county average for households married with children is 27.83%.
The median household income in Beaumont, Texas is $49,765. The median household income for the surrounding county is $53,613 compared to the national median of $69,021. The median age of people living in Beaumont is 35 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 41.2 degrees. The average rainfall is approximately 59.7 inches per year, with 0.1 inches of snow per year.