$440,000
SOLD APR 21, 2025
Last list price

1504 &1506 Franklin Unit 200 Center Marshall, TX 75670

-- Bed
-- Bath
1,404 Sq Ft
1981 Built

Recently Sold

$313 Per Sq Ft

62 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Ceiling Fan
  • Landscaped
  • Combination Kitchen and Dining Room
  • High Speed Internet

About This Home

As of April 2025

RENTAL / INVESTMENT PROPERTY! This recently updated 6-unit brick apartment offers an excellent investment opportunity. Each unit is on a slab foundation. Mostly fully rented, providing immediate cash flow. Tenants are responsible for their own utilities, including water and electricity. This property is perfect for investors looking to expand their portfolio or first time buyers.

Last Agent to Sell the Property

Richie Arnold

Century 21 A Select Group License #0559381

Century 21 A Select Group

Last Buyer's Agent

EARNEST SPENCER

USA Plus Realty License #0348844

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • Landscaped

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Electric Oven
  • Laundry Room

Parking

  • 2 Parking Spaces
  • Parking Pad

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Buildings
  • 6 Units
  • Spradlin Subdivision

Listing and Financial Details

  • Assessor Parcel Number R000039776 and R000039778

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Sub Type: Duplex
  • Additional Showing Instructions: PLEASE CALL OR TEXT LISTING AGENT TO SCHEDULE SHOWING
  • Escrow Amount: 4,500
  • Escrow To: Central
  • Foreclosure Bank Owned: No
  • Stories: 1
  • Subdivision: Yes
  • Supervisor License Number: 539397
  • Taxes Dollars: 5431.69
  • Foundation Style: Slab
  • Utility Type: Cable Available, Electric, High Speed Internet Avail
  • Electric Utility Company: AEP
  • Gas Utility Company: CenterPoint
  • Number Units1: 2
  • Number Units2: 2
  • Number Units3: 2
  • ROOMTYPESHTCL: 1 Living Area
  • Sq Ft 1: 1404
  • Sq Ft 2: 1404
  • Total Rent 1: 1400
  • Total Rent 2: 1400
  • Total Rent 3: 1035
  • Type 1: Duplex
  • Type 3: Duplex
  • Water Utility Company: City
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Appliances: Electric Range/Oven, Refrigerator
  • Interior: Vinyl Flooring
  • Dining Room: Kitchen
  • Estimated Sq Ft: 1404

Exterior Features

  • Construction: Brick
  • Roof: Gable
  • Streets: Paved

Garage/Parking

  • Garage Type: None
  • Parking Type: Parking Pad
  • Parking Spaces: 2

Utilities

  • Water Heater: Electric
  • Utilities: Separate Meter-Electric, Separate Meter-Water, Tenant Pays Electric, Tenant Pays Water
  • Cooling: Central
  • Heating: Central
  • Utility Laundry: Inside Room
  • Water/Sewer: City Water, City Sewer
  • Electricity: Separate Meter

Association/Amenities

  • Amenities: Smoke Detectors

Condo/Co-op/Association

  • Age Range: 41-50

Lot Info

  • Parcel #: R000039776 and R000039778
  • Lot: Landscaped

Green Features

  • Energy Efficient: Ceiling Fans

Building Info

  • Year Built: 1981

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Sold -- -- --
10/30/2024 10/30/24 For Sale $440,000 -- $313 / Sq Ft
Source: Longview Area Association of REALTORS®

Source: Longview Area Association of REALTORS®

MLS Number: 20246735

Longview Area Association of REALTORS®