Greenville, TX 75401 3002 Stanford Street
$950,000



12 more













Presented By: Kb Wiebe with The Stainback Organization; 214-502-8855
Home Details
Unlock the potential of this rare multifamily opportunity in the heart of Greenville, TX! This portfolio includes five duplexes, offering a total of 10 income-producing units—four 3-bedroom, 2-bath units and six 2-bedroom, 1.5-bath units—positioned on spacious lots with ample parking and rental appeal.
These duplexes have been under the same ownership for over 50 years. They’ve been maintained with the intent to keep them long term, and ownership has consistently invested in keeping them in excellent condition (see transaction desk for list if improvements since 2021). The property boasts a strong history of full occupancy, including one tenant who has called it home for 12 years, reflecting its desirability and stability.
Whether you’re a seasoned investor or just starting to build your real estate portfolio, this asset offers proven performance alongside excellent income potential. Located minutes from downtown Greenville, shopping, schools, and major highways, this property is well-positioned for long-term appreciation.
Don’t miss this chance to acquire a high-yield asset with major potential—opportunities like this are hard to come by!
Presented By: Kb Wiebe with The Stainback Organization; 214-502-8855
Interior Features for 3002 Stanford Street
Bedrooms
Total Bedrooms24
Bathrooms
Half Baths6
Total Baths20
Other Interior Features
Unit Count10
Lock Box TypeNone
Basement Y/NNo
FlooringCarpet, Luxury Vinyl Plank, Tile, Vinyl
Interior FeaturesBuilt-in Features, Decorative Lighting, Eat-in Kitchen
Total Units10
General for 3002 Stanford Street
# of Buildings5
AppliancesDishwasher, Disposal, Gas Range
Capitalization Rate9.89
Carport Spaces12
CityGreenville
Complex NameStanford Street Duplexes
Construction MaterialsBrick
CoolingCentral Air
CountyHunt
DirectionsFrom Highway 34 Wesley Street (North or South)
1. Take Wesley Street (Highway 34) into town.
2. Turn right (west) onto Terrell Road, or continue to find Stanford Street slightly north.
3. Once o
Elementary SchoolBowie
Elementary School NameBowie
Full Baths14
Gross Annual Expenses32500.00
HOA TypeNone
HeatingCentral, Natural Gas
High SchoolGreenville
Insurance Expense8450
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional
Number of Garage Spaces0
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding, Lease Outstanding
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
School DistrictGreenville ISD
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameS5060 STAINBACK & DARBY SUBDIVISION
TenancyOver 9 Months
Unexempt Taxes20760
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideSubdivided
Year Built1969
Year Built DetailsPreowned
Exterior for 3002 Stanford Street
Attached Garage Y/NNo
Building Area Total12030.00
Covered Spaces12
Exterior FeaturesCovered Patio/Porch
FencingChain Link
Foundation Slab
Garage Y/NNo
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.8589
Lot Size Area0.8589
Lot Size SourceAppraiser
Lot Size Square Feet37413.6840
Lot Size UnitsAcres
Number Of Parking Spaces12
Parking FeaturesCarport, Covered
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Bowie Elementary School
Middle School
N/A

Federico Argueta
Agent