For Sale Multi-Family MLS# 21380678

609 Race Street

Crowley, TX 76036

$550,000

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About 609 Race Street

Don't miss out on this great investment opportunity in Crowley, IT IS PRICED TO SELL! Please do not send offers below asking, this is listed better than the old 1% rule that is unheard of these days. The exterior is freshly painted. Each unit has a THREE bedrooms, one bathroom configuration and spacious layout that includes a living room, dining area, kitchen, utility room, and bathroom. All units have individual water heaters and central HVAC. Separate utility room located next to the kitchen includes washer & dryer hookups. Units are individually metered for water and electricity (tenant expense). Owner pays trash service on a monthly basis. Housing vouchers will pay $1772 a month so if you get all on vouchers it would bring in $7088 per month for an excellent ROI. Unit C is currently the only occupied unit at $1350 MTM. The other 3 units were vacated for updates. Being sold AS IS. Seller disclosure and survey are in the docs along with an AS-IS appraisal for $550k and the inspection report so there are no surprises. Reason for selling is bigger investment opportunity. Serious inquiries only please.

Property details

Property

Type
multi
Year built
1998
Living area
4,432 sqft
Price / sqft
$124
Lot
0.238 ac
List date
Sep 8, 2026

Schools

District
Crowley Independent School District

Location

Subdivision
Holley Place

Location

Neighborhood
Holley Place
School district
Crowley Independent School District

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Listed by Sherry Patterson, Aspire Investments LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.