Investor and owner-occupant opportunity in the growing Crowley market. This well-maintained 3,448 sq ft multifamily property is now priced at $565,000 and offers immediate cash flow with long-term upside. Zoned MF, the property includes four 2-bed, 1-bath units. Three units are currently rented, and the owner occupies the fourth, providing flexibility to convert the owner’s unit into additional rental income or retain it for on-site management. A recent professional inspection has been completed, and only minor items were noted. The seller is proactively addressing these items, offering buyers added confidence and a smoother transition.This asset is ideal for investors seeking a value-add opportunity or buyers looking to live in one unit while leasing out the others. The property is positioned near schools, retail, and major highways, placing it within a high-demand rental corridor supported by strong area growth. With room to raise rents to market levels and potential for cosmetic upgrades, the pro forma upside is strong. This 4-plex offers a compelling combination of stability, income, and future potential.Highlights: – Zoned MF, supporting multifamily use and future expansion– Three of four units rented, providing immediate income– Live-in investment potential for buyers seeking to offset housing costs– Recent inspection completed; seller addressing minor items– Value-add potential through renovations and rent optimization– Strong location near schools, retail, and major highways– Crowley market experiencing steady population and job growth– New price of $565,000 enhances overall valueThis property delivers on location, flexibility, and income potential, making it a strong fit for portfolio expansion or an excellent entry point for owner-investors seeking built-in cash flow.
Listed By
Agency Name: Real Broker, LLC
Agency Contact: 940-923-7396
Agent Name: Cree Calloway
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 1,422.24 per month $1,257.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $164.79 Homeowner's Insurance
104 N Heights Drive | MLS# 21189191
This multi-family property located at 104 N Heights Drive, Crowley, TX 76036 is currently listed for sale with an asking price of $565,000. N Heights Drive is located within the Crowley ISD school district. Search Crowley real estate on www.kellyrealtors.com today.