Prime Income-Producing Multifamily Property in Downtown Mount Pleasant. Exceptional investment opportunity in the heart of Downtown Mount Pleasant! This fully leased, income-producing multifamily building features 25 well-maintained apartment units—23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet and offers modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some kitchens are equipped with granite islands, adding extra prep and dining space. The property includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. Located just minutes from the highway, this property offers easy accessibility while maintaining a walkable downtown location. A rare turnkey investment with stable occupancy—100% leased and generating consistent income
For sale
Price cut: $100K (6/26)
$2,600,000
316 W 7th St #100-124, Mount Pleasant, TX 75455
27beds
20,028sqft
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
Modern finishesStainless steel appliancesGranite countertopsSleek tile flooringGranite islandsOn-site parkingLandscaped grounds
- 490 days
- 55
- 2
Zillow last checked:
Listing updated:
Listed by:
Dennys Gonzalez 0668915 817-312-6165,
Texas Legacy Realty 817-312-6165
Source: NTREIS,MLS#: 20925425
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 27
- Bathrooms: 25
- Full bathrooms: 25
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Disposal, Refrigerator
Features
- Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Ceramic Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 20,028
- Total interior livable area: 20,028 sqft
Video & virtual tour
Property
Parking
- Total spaces: 25
- Parking features: On Site, Outside, Parking Lot
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Fencing: Fenced,Wood
Lot
- Size: 1.14 Acres
- Features: Landscaped, Sprinkler System
Details
- Parcel number: 10691
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Features: Laundry Facilities, Curbs
- Security: Smoke Detector(s)
- Subdivision: Mt Pleasant City Blocks
HOA
- Has HOA: No
Location
- Region: Mount Pleasant
Financial & listing details
- Price per square foot: $130/sqft
- Annual tax amount: $16,054
- Date on market: 5/5/2025
- Cumulative days on market: 490 days
- Listing terms: Cash,Conventional,1031 Exchange,Other,Private Financing Available
Estimated market value
Not available
Estimated sales range
Not available
$1,136/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $2,600,000-3.7%$130/sqft |
Source: NTREIS #20925425 Report a problem | ||
| 4/30/2026 | Price change | $2,700,000-10%$135/sqft |
Source: NTREIS #20925425 Report a problem | ||
| 3/24/2026 | Price change | $2,999,0000%$150/sqft |
Source: NTREIS #20925425 Report a problem | ||
| 1/5/2026 | Price change | $2,999,9000%$150/sqft |
Source: NTREIS #20925425 Report a problem | ||
| 5/5/2025 | Listed for sale | $2,999,999$150/sqft |
Source: NTREIS #20925425 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 75455
Nearby schools
Schools provided by the listing agent
- Elementary: Annie Sims
- Middle: Wallace,Corprew,Mount Pleasant
- High: Mount Pleasant
- District: Mount Pleasant ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
