140 FM 16 W, Tyler, TX 75706
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140 FM 16 W, Tyler, TX 75706
140 FM 16 W, Tyler, TX 75706
140 FM 16 W, Tyler, TX 75706
140 FM 16 W, Tyler, TX 75706
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140 FM 16 W Tyler, TX 75706

3,432 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,432 sqft

Price per Sqft $189

Subdivision Abst A0377 C Green

MLS Listing ID 26003219

Construction Status Pre-owned

Year Built 1964

Annual Tax Amount $7,950

Tax Year 2025

Lot Size 6.514 Acres

Acres 6.514

Property Sub-Type Triplex

Source Greater Tyler Association of REALTORS

Property Description

Investor Alert! This fully renovated Triplex is a rare find and a fantastic income-producing opportunity. Formerly a storefront/office with an attached apartment, the property has been completely reimagined into three residential units: a 1-bedroom, 1-bath, a 2-bedroom, 1-bath, and a 3-bedroom, 2-bath—perfect for a diverse tenant mix and strong rental returns. Each unit features stylish, updated finishes, and the property includes a large parking area and fully fenced backyards, enhancing both privacy and curb appeal. Situated near I-20 at the intersection of FM 14 and FM 16 in Red Springs, this property carries a Tyler address and is located within the Winona ISD. Whether you're an experienced investor or just starting out, this turnkey property checks all the boxes. And with room for expansion from the adjoining property, the potential here only continues to grow. Don't miss your chance to secure a property that's already generating income and offers even more opportunity for the future!

Location

State TX

County Smith

Interior

Heating Central

Cooling Central Electric

Fireplaces Type Other

Furnishings Pre-owned

Exterior

Parking Features 1 Or More Per Unit, Paved

Utilities Available Separate Electric Meter, Individual Gas Meters, Separate Water Meter

Building

Story One

Sewer Aerobic Septic

Construction Status Pre-owned

Schools

Elementary Schools Winona

Middle Schools Winona

High Schools Winona

School District Winona

Others

Acceptable Financing Conventional, FHA, VA Loan, Cash

Listing Terms Conventional, FHA, VA Loan, Cash

Greater Tyler Association of Realtors (GTAR)
Listed by Ryan Major Keller Williams Realty-Tyler
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140 FM 16 W