103-105 East Wells Street, Unit AD & 105 AD

Madisonville, TX 77864

$595,000
Price
16
Beds
12
Baths
7,588 Sq. Ft.
$78 / Sq. Ft.
7,588
Sq. Ft.
$78
per Sq. Ft.

Description

Discover a fantastic investment opportunity with these two updated 4-plexes, conveniently located just 2 blocks from the bustling Madisonville town square. Enjoy easy access to grocery stores, shopping, St. Joseph's Hospital, restaurants—making this a highly desirable area for renters. Each 4-plex features a smart layout with two 2-bedroom, 2-bath units and two 2-bedroom, 1.5-bath units, totaling 8 rental units across both buildings. All units have been thoughtfully updated to enhance comfort and...Discover a fantastic investment opportunity with these two updated 4-plexes, conveniently located just 2 blocks from the bustling Madisonville town square. Enjoy easy access to grocery stores, shopping, St. Joseph's Hospital, restaurants—making this a highly desirable area for renters. Each 4-plex features a smart layout with two 2-bedroom, 2-bath units and two 2-bedroom, 1.5-bath units, totaling 8 rental units across both buildings. All units have been thoughtfully updated to enhance comfort and appeal. Key highlights include: central AC/heat replaced within past 5 years, most water heaters and dishwashers have been replaced, vinyl flooring, newer dishwashers. The owner currently covers water and lawn care for both buildings, streamlining property management. Contact an agent today to schedule a showing and take the first step toward enhancing your investment portfolio!
  1. Listed by Myrna Lopez • TREC #0631986 • Beyond Real Estate
    P: (979)-229-3775 C: (979)-229-3775 myrna@myrnalopez.com

Property Details for 103-105 East Wells Street, Unit AD & 105 AD

Directions
TX-6 N (S Earl Rudder Fwy). Go for 4.4 mi., Take the exit toward US-190 E/Madisonville/TX-21/Caldwell/Airport onto N Earl Rudder Fwy. Go for 0.8 mi.,Turn right onto Highway 21 E (US-190 E) toward TX-21. Go for 21.4 mi.,Turn left and take ramp toward FM-39. Go for 0.2 mi.,Turn left onto FM 39 Rd S (FM-39). Go for 3.4 mi.,Turn right onto FM 1452 W (FM-1452). Go for 10.3 mi.,Turn left onto Highway 21 W (US-190) toward Madisonville. Go for 2.3 mi.,Turn right onto S Madison St toward TX-174-Spur/Hospital. Go for 0.2 mi.,Turn left onto E Wells St. Go for 128 ft.
MLS Area Major
Madison
Parking Features
Paved
Subdivision Name
Other
LISTING UPDATED: 11/08/2024 04:02 PM

Property Details for 103-105 East Wells Street, Unit AD & 105 AD

StatusActive
MLS #24013153
Days on Market44
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1985
Lot Size0.91 AC / 39,604 SF
CountyMadison County

Building Information for 103-105 East Wells Street, Unit AD & 105 AD

Stories2Residences8Year Built1985Building Size-Lot Size0.91 AC / 39,604 SF

Property Information for 103-105 East Wells Street, Unit AD & 105 AD

Summary
Location and General Information
  • City: Madisonville
  • Community Features: DeckPorch, Patio
  • County Or Parish: Madison
  • Latitude: 30.946575
  • Longitude: -95.911854
  • Postal Code: 77864
  • State Or Province: TX
  • Unit Number: A-D & 105 A-D
  • Unparsed Address: 103-105 East Wells Street E # 103 Street A-D & 105 A-D
  • Human Modified Y N: Yes
School Information
  • Elementary School District: Madisonville
  • High School District: Madisonville
  • Middle Or Junior School: ,
  • Middle Or Junior School District: Madisonville
Parking
  • Parking Total: 22
Taxes and HOA Information
  • Association Y N: No
  • Parcel Number: 18193
  • Tax Block: na
  • Tax Lot: 1-5
Property
Lot Information
  • Building Area Total: 7588.0
  • Lot Size Source: PublicRecords
  • Lot Size Square Feet: 39604.0
  • Lot Size Units: Acres
Property and Assessments
  • Number Of Units Total: 8
  • Property Sub Type: Quadruplex
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1985
Utilities
  • Utilities: SeparateMeters
Interior and Exterior Features
Exterior Features
  • Roof: Composition, Shingle
Interior Features
  • Appliances: ElectricWaterHeater
  • Cooling: CentralAir, Electric
  • Cooling Y N: Yes
  • Furnished: Unfurnished
  • Heating: Central, Electric
  • Heating Y N: Yes
  • Laundry Features: WasherHookup
  • Levels: Two
Multi Family
Unit 1 Information
  • Actual Rent: $800.00
  • Leased: No
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $800.00
  • Leased: Yes
  • Unit Type Area: 997.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $800.00
  • Leased: Yes
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $770.00
  • Leased: Yes
  • Unit Type Area: 997.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 5 Information
  • Actual Rent: $750.00
  • Leased: Yes
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 6 Information
  • Actual Rent: $750.00
  • Leased: Yes
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 7 Information
  • Actual Rent: $750.00
  • Leased: Yes
  • Unit Type Area: 997.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 8 Information
  • Actual Rent: $800.00
  • Leased: Yes
  • Unit Type Area: 997.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Listing Terms: Cash, Conventional, FHA, VaLoan

Property History for 103-105 East Wells Street, Unit AD & 105 AD

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 103-105 East Wells Street, Unit AD & 105 AD

This home is within Madisonville Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Madisonville Elementary School
PublicPK to 2

Madisonville Intermediate School
Public3 to 5

Madisonville Junior High School
Public6 to 8

Madisonville High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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103-105 East Wells Street, Unit AD & 105 AD is a multi-family home for sale in Madisonville, TX 77864. This property was listed for sale on October 4, 2024 by Beyond Real Estate, it's currently listed at $595,000. This listing's school district is Madisonville Consolidated Independent School District. Nearby schools include Madisonville Elementary School, Madisonville Intermediate School and Madisonville Junior High School. 103-105 East Wells Street, Unit AD & 105 AD is a 16-bed, 12-bath, 7,588 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beyond Real Estate, Myrna Lopez, TREC #0631986

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