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875 Neches, 
Beaumont, TX 77701

$890,000

—

Bed

—

Bath

4,520

Sq Ft

Multi-Family

Active

Listed by

John Arcana

RE/MAX One -- 9000010

409-860-3200

Last updated:

May 9, 2025, 02:24 PM

MLS#

257828

Source:

TX BBOR

About This Home

875 Neches

Unique opportunity to own this multi-unit property with amazing cashflow! 23 unit property, all individual rooms, currently only 1 unit not occupied. At full occupancy: Gross annual income of $160,200. NOI after tax and insurance is $128,578.05. All utilities paid for by owner (roughly $11k in 2023). There are 4 bathrooms and 2 kitchens shared. Rent roll and P&L on file. Roughly 13% cap rate at list price! Contact agent to coordinate showing and review files.

Home Facts

Multi-Family

Price Summary

890,000

$196 per Sq. Ft.

MLS #:

257828

Last Updated:

May 9, 2025, 02:24 PM

Rooms & Interior

Interior

Living Area:

4,520 Sq. Ft.

Structure

Structure

Building Area:

4,520 Sq. Ft.

Finances & Disclosures

Finances

Price:

$890,000

Price per Sq. Ft:

$196 per Sq. Ft.

Source:TX BBOR
The information being provided by Beaumont Board of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Beaumont Board of Realtors All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.