Contacts
Samuel Scarborough, CCIM
Scarborough Commercial Real Estate
Property Details
- Property Type Multi-Family
- Property Size 13,384 SF
- Units 14
- Lot Size 3.19 Acre
- Property Tenancy Multi-Tenant
- Year Built 1976
- Year Renovated 2024
- Date Updated Sep 23, 2026
Income-producing East Texas multifamily investment offering rent growth potential and a flexible parcel-level exit strategy.Eastgate Duplexes presents the opportunity to acquire a 14-unit multifamily portfolio consisting of seven single-story duplex buildings across eight separate parcels in Gladewater, Texas. The portfolio totals 13,384 SF on approximately 3.19 acres, with a uniform mix of fourteen 2-bedroom, 1-bath units averaging approximately 956 SF each.
Ownership has completed significant recent improvements, including new roofs and gutters across all seven buildings in 2025, along with interior renovations and flooring improvements in select units.
The portfolio offers identifiable upside through continued rent growth, with in-place rents averaging approximately $850 per month and recent leases signed at $900 and $950. The separate parcel configuration also provides investors with added flexibility to hold the portfolio as a whole or potentially sell individual duplex properties over time.
Located between Tyler and Longview with convenient access to U.S. Highway 80 and Interstate 20, Eastgate Duplexes offers a manageable multifamily investment with current income, recent capital improvements, and multiple paths for future value creation.
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Highlights
- 14-Unit Multifamily Portfolio Seven single-story duplex buildings totaling 13,384 SF on approximately 3.19 acres.
- Eight Separate Parcels Seven improved duplex parcels provide investors with flexibility for long-term ownership or potential individual property dispositions.
- Flexible Investment Strategy Opportunity to operate the assets as a single income-producing portfolio while maintaining potential parcel-level exit options.
- Major 2025 Capital Improvements New roofs and gutters installed across all seven buildings, with additional recent interior and flooring improvements.
- Mark-to-Market Rent Upside In-place rents average approximately $850 per month, while recent leases at $900 and $950 demonstrate potential for continued rent growth.
- Nearby Retail & Healthcare Convenient to CHRISTUS Trinity Clinic and established Gladewater retailers, services and employment centers
- Strategic East Texas Location Positioned between Tyler and Longview with convenient access to U.S. Highway 80 and Interstate 20.
- Uniform Unit Mix All fourteen units feature 2 bedrooms, 1 bathroom and approximately 956 SF, simplifying leasing, maintenance and unit turns.
Attachments
Getting around
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9/100
Walk Score ®
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23/100
Bike Score ®
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Location
- City Gladewater, TX
- Zip Code 75647
Points of Interest
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Yellow Checker Cabs
8.71 miles
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CEFCO
0.55 miles
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Exxon
0.87 miles
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Shell
1.18 miles
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Mobil
1.88 miles
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Brookshire's Gas
3.90 miles
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Valero
4.05 miles
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E-Z Mart
7.04 miles
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Economy Inn
0.78 miles
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Walker Manor Bed & Breakfast
1.20 miles
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Relax Inn
5.96 miles
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Sunriser Inn
8.58 miles
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Executive Inn
9.79 miles
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Motel 6 Kilgore
9.82 miles
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Holiday Inn Express & Suites Kilgore North
10.00 miles
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Brookshire's
0.67 miles
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Pioneer Market
6.93 miles
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Walmart Neighborhood Market
7.52 miles
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Super 1 Foods
7.94 miles
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Supemercado Monterrey
8.24 miles
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Walmart Supercenter
8.24 miles
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Big Lots
8.37 miles
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ALDI
8.41 miles
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TJ Maxx
9.63 miles
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Natural Grocers
9.86 miles
Contact Listing Broker
Samuel Scarborough, CCIM
Scarborough Commercial Real Estate