$850,000
SOLD APR 1, 2025
Last list price
12 Beds
8 Baths
4,658 Sq Ft
0.4 Acres

Recently Sold

$182 Per Sq Ft

13 Days on Market

Highlights

  • 0.4 Acre Lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Denton High School Rated A-
  • 1-Story Property
  • High Speed Internet

About This Home

As of April 2025

Well Maintained, Great Investment Opportunity in growing Denton County. This sale is for two fully occupied 4-plex buildings, 2331 and 2335 N. Elm, at $850k each, sitting on approximately .72 acres. and sharing 20 parking lot spaces. Each apartment unit has 3 beds and 2 full baths. Seller is open to considering selling each 2331 and 2335 individually. Spacious open floor plan includes kitchen with custom cabinets, breakfast bar and kitchen appliances. Connections for full size washer and dryer are available. Each unit is separately metered for water and electric (no gas utility). Great location with easy access to Denton Square city center, restaurants, retail amenities, local schools, park, library. Only minutes to UNT and TWU.

Last Agent to Sell the Property

Richard Yip

Richard Benjamin Yip Brokerage Phone: 972-386-6662 License #0609028 Listed on: 11/14/2024

Last Buyer's Agent

Hai Hoang

Monument Realty License #0656235

Monument Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Common or Shared Parking
  • Open Parking
  • Unassigned Parking

Schools

  • Evers Park Elementary School
  • Calhoun Middle School
  • Denton High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 0.4 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number R34281
  • $12,062 per year unexempt tax

Community Details

Overview

  • 4 Units
  • 4,658 Sq Ft Building
  • Andrus Add Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 69300
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 176.04122
  • Attribution Contact: 972-386-6662
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 12

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 10
  • Parking Features: Common, Open, Unassigned

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Community Mailbox, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Denton ISD
  • Elementary School: Evers Park
  • Middle School: Calhoun
  • High School: Denton
  • School District: Denton ISD
  • Elementary School: Evers Park

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 17250.0000
  • Parcel Number: R34281
  • Lot Size Acres: 0.3960
  • Lot Size Sq Ft: 17250.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2005
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 4080.00
  • Gross Annual Income: 76740.00
  • Insurance Expense: 3360
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 12062
  • TaxBlock: A
  • Tax Lot: 1

MLS Schools

  • Middle School Name: Calhoun
  • Elementary School Name: Evers Park
  • High School Name: Denton

Range of Values:

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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
04/01/2025 04/01/25 Sold -- -- --
11/28/2024 11/28/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $850,000 -28.6% $182 / Sq Ft
03/20/2019 03/20/19 Sold -- -- --
02/12/2019 02/12/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $1,190,000 -- $250 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20778121

North Texas Real Estate Information Systems (NTREIS)

APN: R34281