Turnkey Multi-Family Investment Opportunity! This fully remodeled 4-unit multi-family property is a prime investment opportunity, offering modern updates and strong financials. Each unit has been completely renovated, featuring new flooring, bathrooms, appliances, sheetrock, and fresh paint throughout. Additional highlights include a storage building in the back and a nice sized back yard with expansion opportunities. With a high gross rent multiplier, this property presents strong cash flow potential for investors. Whether you’re expanding your portfolio or looking for a low-maintenance investment, this turnkey property is ready to generate income from day one! Don’t miss out on this exceptional opportunity. Schedule your showing today!
Sold
Price Unknown
406 S Fredonia St, Longview, TX 75601
--beds
--baths
2,400sqft
Quadruplex
Built in 1944
-- sqft lot
$296,300 Zestimate®
$--/sqft
$1,268 Estimated rent
Home value
$296,300
$267,000 - $329,000
$1,268/mo
Zestimate® history
Owner options
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$1,268/mo
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Zillow last checked:
Listing updated:
Listed by:
Ken M Sheppa 903-217-6168,
Leslie Cain Realty, LLC
Bought with:
MEMBER NON
NON MEMBER
Source: LGVBOARD,MLS#: 20250816
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Other Water Heater
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Parking features: No Garage
Details
- Parcel number: 50292
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Other
Condition
- Year built: 1944
Utilities & green energy
- Electric: Separate Meter-Electric, Electric, Master Meter
- Gas: Separate Meter-Gas, Gas
- Water: Separate Meter-Water, City Water
- Utilities for property: Electricity Available
Community & neighborhood
Location
- Region: Longview
HOA & financial
Other financial information
- Total actual rent: 3495
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Sold | -- |
Source:  LGVBOARD #20250816 Report a problem | ||
| 3/7/2025 | Pending sale | $319,900$133/sqft |
Source: NTREIS #20837330 Report a problem | ||
| 2/26/2025 | Contingent | $319,900$133/sqft |
Source: NTREIS #20837330 Report a problem | ||
| 2/26/2025 | Pending sale | $319,900$133/sqft |
Source:  GTARMLS #25001768 Report a problem | ||
| 2/5/2025 | Listed for sale | $319,900+68.4%$133/sqft |
Source: GTARMLS #25001768 Report a problem | ||
| 7/14/2023 | Sold | -- |
Source: LGVBOARD #20231845 Report a problem | ||
| 4/21/2023 | Pending sale | $190,000$79/sqft |
Source: LGVBOARD #20231845 Report a problem | ||
| 4/4/2023 | Listed for sale | $190,000$79/sqft |
Source: LGVBOARD #20231845 Report a problem | ||
| 8/12/2021 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 12/28/2009 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,637 +0.8% | $182,210 +1% |
| 2024 | $3,608 +53.3% | $180,390 +51.9% |
| 2023 | $2,354 -1.2% | $118,760 +9.1% |
| 2022 | $2,381 +107.9% | $108,830 +115.8% |
| 2021 | $1,145 +0.5% | $50,430 |
| 2020 | $1,140 -0.2% | $50,430 |
| 2019 | $1,142 -0.9% | $50,430 |
| 2018 | $1,153 | $50,430 |
| 2017 | $1,153 | $50,430 |
| 2016 | $1,153 | $50,430 |
| 2015 | $1,153 | $50,430 |
| 2014 | -- | $50,430 |
| 2013 | -- | $50,430 +0.8% |
| 2012 | -- | $50,030 +5.1% |
| 2011 | -- | $47,600 +2.6% |
| 2010 | -- | $46,380 |
| 2009 | -- | $46,380 |
| 2008 | -- | $46,380 +22.3% |
| 2005 | -- | $37,920 -27.9% |
| 2004 | -- | $52,610 -13.3% |
| 2003 | -- | $60,660 +3.8% |
| 2002 | -- | $58,420 +48.9% |
| 2001 | -- | $39,230 +3.9% |
| 2000 | -- | $37,750 |
Find assessor info on the county website
Neighborhood: 75601
Nearby schools
GreatSchools rating
- 5/10Bramlette STEAM AcademyGrades: 1-5Distance: 1.5 mi
- 9/10Judson STEAM AcademyGrades: 6-8Distance: 6.7 mi
- 6/10Longview High SchoolGrades: 9-12Distance: 3.8 mi
- Texas
- Gregg County
- Longview
- 75601
- 406 S Fredonia St
Nearby cities
Nearby zip codes
Other Longview Topics
