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29565493
29561834

1349 Jefferson Dr, Port Arthur, TX 77642

AJ
TX 9009288
Keller Williams Houston Central
Listed by Keller Williams Houston Central
$1,150,000
119 days on market
Updated 54 days ago

1349 Jefferson Dr. - 14 Unit

Details
APN 022900-000-001900-00000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,937
Units 14
Occupancy 86%
Price per SqFt $292
Year Built 1958
Year Renovated 2007
Buildings 1
Stories 2
Lot Size (SqFt) 19,600
Zoning Commercial
Parking Spaces 18 spaces
Parking Per SqFt 4.57

Multifamily | 14 Units | $82,143/unit

Marketing description

Excellent opportunity to acquire a 14-unit apartment complex located at 1349 Jefferson Drive in Port Arthur, Texas. This property offers a solid multifamily footprint in an established residential area with convenient access to major employment centers, retail, and transportation corridors.

The property features a desirable unit mix consisting of 6 one-bedroom/one-bath units and 8 two-bedroom/one-bath units, catering to both individual renters and small households. This balanced mix supports strong occupancy and broad tenant demand within the local workforce housing market.

The asset provides steady cash-flow potential with additional upside through improved management, light renovations, or rent optimization. Units are well-suited for value-add enhancements that can increase rents while maintaining affordability for the area.

Located just minutes from major employers, schools, and daily conveniences, the property benefits from consistent rental demand driven by the Port Arthur industrial, refinery, and port-related employment base. Easy access to Highway 73 further enhances connectivity throughout the area.

This offering is well-positioned for investors seeking:

  • A stabilized or value-add multifamily asset

  • 14 total units with an attractive 1BR/2BR unit mix

  • Scalable cash flow with long-term appreciation potential

  • Exposure to an affordable Gulf Coast rental market

Whether held as a long-term income property or repositioned to increase returns, 1349 Jefferson Dr. represents a compelling multifamily investment opportunity.

Listing Contacts

AJ
TX 9009288
Keller Williams Houston Central
Listed by Keller Williams Houston Central

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Additional Information

Name
Austin Jones
License
9009288
Brokerage
Keller Williams Houston Central
Brokerage Address
711 Milby
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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