$250,000
SOLD MAY 23, 2025
Last list price

311 E 5th St Mount Pleasant, TX 75455

8 Beds
4 Baths
1,948 Sq Ft
1.01 Acres

Recently Sold

$128 Per Sq Ft

89 Days on Market

Highlights

  • Porch
  • Central Air
  • Carpet
  • Annie Sims Elementary School Rated A-
  • Partially Fenced Property
  • 3-minute walk to Keith Park

About This Home

As of May 2025

Don't miss out on this amazing investment opportunity in downtown Mount Pleasant! This property features 4 units with established tenants, each offering spacious 2 bedroom, 1.5 bathroom two-story layouts, plus, convenient open parking right in front of each unit for easy access. Sitting on over 1 acre of land, this property also has the space to potentially add another 4+ unit complex. With tenants already in place, you can start generating rental income from day one. Call today to schedule a showing.

Last Agent to Sell the Property

Michael Mayben

Mayben Realty - Mt. Pleasant License #0604835 Listed on: 01/22/2025

Last Buyer's Agent

Jose Rodriguez

Mayben Realty - Mount Pleasant South License #0778584

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 1,948 Sq Ft Home
  • 2-Story Property
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Schools

  • Annie Simms Elementary School
  • Mt Pleasant Middle School
  • Mt Pleasant High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Porch
  • Partially Fenced Property

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 311 E 5th
  • ForecloseBankOwnedYN: No
  • LakeCommunity: No
  • Unit Levels: 2 Stories
  • LO1BrokerLicenseNumber: 0604835 - Michael Mayben
  • PrimaryType: Fourplex
  • PublicRemarksAmenities: Don't miss out on this amazing investment opportunity in downtown Mount Pleasant! This property features 4 units with established tenants, each offering spacious 2 bedroom, 1.5 bathroom two-story layouts, plus, convenient open parking right in front of each unit for easy access. Sitting on over 1 acre of land, this property also has the space to potentially add another 4+ unit complex. With tenants already in place, you can start generating rental income from day one. Call today to schedule a showing.
  • OFFICELIST_STATE: TX
  • YearOfConstruction: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Kitchen Equipment: Range/Oven-Electric
  • Source of Sq Ft: TCAD

Exterior Features

  • Exterior Construction: Brick Veneer
  • Fencing: Partial Fence
  • Exterior: Porch
  • Foundation: Slab
  • Roof: Aluminum/Metal
  • Waterfront: No
  • Water View: No

Garage/Parking

  • Driveway: Natural
  • PARKING24FAMILY: Paved Areas

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Hot Water: Public

Condo/Co-op/Association

  • Number of Units: 4

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Elementary School: Annie Simms
  • High School: Mt Pleasant
  • Middle School: Mt Pleasant

Lot Info

  • Zoning: Multi Fam Dwelling 1 St

Rental Info

  • Tenant Pays: Electric

Tax Info

  • Tax Year: 2025

Multi Family

  • Owners Expenses: Other/See Remarks

Range of Values:

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Value Increase
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Percent Increase
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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 List to Sale Price per Sq Ft
05/23/2025 05/23/25 Sold -- -- --
04/21/2025 04/21/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $250,000 0.0% $128 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $250,000 -- $128 / Sq Ft
Source: Greater Tyler Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 25001025

Greater Tyler Association of REALTORS®