237 E Culver-wrong Street, Longview, TX 75602
Local realty services provided by:CENTURY 21 Crew
Listed by: yaw asante
Office: united real estate frisco
MLS#:21352674
Source:GDAR
Price summary
- Price:$250,000
- Price per sq. ft.:$74.47
About this home
7-Unit Multi-Family Investment - Longview, TX - Seller Financing and 90-Day Management Support
Solid income-producing 7-unit Class C multi-family investment opportunity in Longview, located near LeTourneau University. Situated across two multi-story buildings on a mature, shaded 0.23-acre lot, this property presents a compelling value-add play for hands-on investors ready to modernize a well-located rental asset.
Property Highlights:
- Unit Mix: 7 total units (combination of 1BD, 1BA and 2BD, 1BA layouts) across 3 separate structures
- Livable Space: 3,357 SF combined gross living area
- Gross Income: $5,400 per month ($64,800 per year) actual gross rent
- Layout and Access: Dedicated off-street driveway access servicing front and rear buildings
- Zoning and Utilities: Zoned for multi-family use; City of Longview water, sewer, electric, and gas
Location: Situated between S. Green St and S. Mobberly Ave corridors, convenient to LeTourneau University
Site Features: FEMA Flood Zone X (outside 100-year floodplain); no known adverse easements or encroachments
Investment and Seller Financing Terms:
Asking Price: $250,000 (Sold As-Is)
Seller Financing Terms: $20,000 down payment; 7.0 percent Interest Rate; $1,530 per month P&I (30-year amortization schedule with an 8-year balloon payment)
Buyer Incentive: Includes 90 days of post-closing transitional property management assistance to ensure seamless tenant onboarding, rent collection continuity, and operational handoff.
Showing Instructions:
To minimize disruption to active tenants, initial showings are strictly limited to the exterior and one designated vacant unit. Full access to occupied units will be granted upon an accepted purchase contract. Please contact Property Manager Kim at (903) 355-1849 to schedule an accompanied viewing.
Buyer to independently verify all information, including square footage, unit counts, financial records, utility setups, and physical property condition....
Contact an agent
Home facts
- Year built:1943
- Subdivision & Development:South Highlands
- Listing ID #:21352674
- Added:2 day(s) ago
- Updated:August 09, 2026 at 11:50 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
- Full bathrooms:7
- Flooring:Laminate, Linoleum, Tile
- Kitchen Description:Electric Oven, Gas Oven, Microwave, Refrigerator
- Living area:3,357 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Window Units
- Heating:Natural Gas, Space Heater
Structure and exterior
- Year built:1943
- Building area:3,357 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Acreage
- Construction Materials:Brick
- Foundation Description:Pillar Post Pier
- Levels:2 Story
Schools
- High school:Longview
- Middle school:Foster
- Elementary school:Doris Mcqueen
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$74.47
- Tax amount:$2,763
Features and amenities
- Appliances:Electric Oven, Gas Oven, Microwave, Refrigerator
Parking
- Total parking spaces:10
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