TX
Ellis
Red Oak
75154
113 S Summit Street
113 S Summit Street, Red Oak, TX 75154
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Listing Type
Multi Family
Listing Status
Active
0
$349,000

Home Details for 113 S Summit Street

Price
$349,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
1
Full Bathrooms
1
Year built
1994
Lot size acres
0.266
County
Ellis
MLS Listing#
21347820
Property Description

Exceptional Investment Opportunity – Rare 4-Plex in a Prime Growth Location! Don't miss this hard-to-find fourplex offering outstanding cash flow potential in a highly desirable location. Conveniently situated near major interstate access, schools, shopping, and employment centers, this property is positioned in a peaceful, well-established neighborhood surrounded by continued residential and commercial growth. The property is 100% occupied with long-term tenants, providing immediate, stable rental income while offering the opportunity for future value enhancement. Current rents present upside potential, with the ability to increase rental income over time to align with comparable market rates. Each of the four units features a functional 1-bedroom, 1-bathroom floor plan designed for strong tenant demand. Recent capital improvements include new HVAC systems, helping reduce future maintenance costs and improve long-term reliability. Each unit is equipped with an electric stove, appliances providing a low-maintenance and efficient setup for both owners and tenants. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing asset with appreciation potential, this well-maintained fourplex offers an excellent combination of location, occupancy, and future growth opportunity.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • House Interior
    • Other
  • Parking
    • Driveway
School Information
School Information for 113 S Summit Street, Red Oak, TX 75154
Elementary School
Wooden
Middle School
Red Oak
High School
Red Oak
Listing Courtesy: Mersal Realty - 214-731-3163
Presented by: Sridhar Kothalanka
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-08-03 17:01:18
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