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33839888

2290 N ST, BEAUMONT, TX 77701

CH
TX 805255
RE/MAX One - Beaumont
Listed by RE/MAX One - Beaumont
$1,300,000
8 days on market
Updated 8 days ago

2290 NORTH ST BEAUMONT TX 77701

Details
APN 002550-000-010200-00000
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Cap Rate 7.24%
NOI $94,113
Occupancy 100%
Year Built 1929
Year Renovated 2022, 2023, 2024
Buildings 3
Stories 1
Lot Size (SqFt) 16,365
Ground Lease No

Fully Leased 12 Unit Complex

Marketing description

Fully Leased 12-Unit Investment at 2290 North, Beaumont, Texas presents a rare opportunity to acquire a stabilized multifamily asset in Beaumont’s Historic District. This 12-unit property is 100% occupied and delivers strong in-place income with a current NOI of approximately $94,113 and annual rent of $147,480.

Built in 1929 and remodeled, the property combines historic character with updated interiors and consistent tenant demand. Investors will appreciate the low-expense structure, on-site parking, and prime location just minutes from Downtown Beaumont with easy access to I-10, major highways, retail, dining, and everyday conveniences.

This is an ideal value-add play with below-market rents and upside through modest increases of $100–$150 per unit, plus additional income potential. Current ownership projects NOI growth to the $105,000–$112,000 range, offering a compelling path to increased returns without heavy repositioning.

For investors seeking a turnkey, income-producing multifamily property in a proven rental location, this offering stands out for its stability, upside, and long-term wealth potential.

Investment highlights

Fully leased 12-unit multifamily property in Beaumont’s Historic District offering strong in-place income and consistent occupancy. All

units are 2-bedroom, 1-bath and have been updated while still maintaining their original charm. Each building features washer and dryer

units for tenant convenience. Built in 1929 and remodeled, this property provides immediate cash flow with value-add potential through

below-market rents. Conveniently located near downtown, major roadways, and local amenities.

Listing Contacts

CH
TX 805255
RE/MAX One - Beaumont
Listed by RE/MAX One - Beaumont

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$94,113.00
$7,842.75/mo

Valuation Metrics

0
DSCR
7.24%
Cap Rate
7.24%
ROI

Map

Zoning

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RCR-H MixedMixed UseResidential Conservation And Revitalization District
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Callie Hartsfield
License
805255
Brokerage
RE/MAX ONE
Brokerage Phone
4098603200
Brokerage Address
8245 Gladys Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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