$2,575,000

Positioned in the heart of the Mid-Cities, this 15-unit apartment property offers investors a compelling combination of scale, location, and an established residential setting. The property’s central location, manageable unit count, varied floor plans, and established multifamily configuration may appeal to investors seeking an income-producing asset with the ability to… Read MoreRead Less

Courtesy of Real Estate By Pat Gray, Joleen Skipworth.

Listing Snapshot

Days Online

Last Updated

Sep 4, 2026

Property Type

Apartment

Beds

Full Baths

Partial Baths

Lot Size

1.21 Acres

Year Built

1985

MLS Number

21334170

Additional Details

Appliances & Equipment

Dishwasher, ElectricOven, Refrigerator

Building

Built in 1985, Year Built Details: Preowned, 1 building, Levels: ThreeOrMore, Construction Materials: Brick, WoodSiding

Cooling

CentralAir, CeilingFans, Electric

Expenses

Insurance: $99,999

Fence

None

Fireplaces

1 fireplace, LivingRoom, WoodBurning

Floors

Carpet, Linoleum, LuxuryVinylPlank

Foundation

Slab

Heating

Central, Electric

Home Owner's Association

Association Fee: $1,389, Fee Frequency: Monthly, Fee Includes: MaintenanceGrounds

Income

Gross Income: $9,999, Net Operating Income: $9,999

Interior Features

DecorativeDesignerLightingFixtures, EatInKitchen, HighSpeedInternet, OpenFloorplan, CableTv, VaultedCeilings

Lot

1.205 acres

Parking

1 covered spaces, 30 total parking spaces, AdditionalParking, Assigned, Covered, OnSite, Open

Pool

InGround, OutdoorPool, Pool

Roof

Asphalt

Sewer

PublicSewer

Taxes

Parcel Number: 06214096, Tax Block: A, Legal Description: ARBOR GLEN ADDITION BLOCK A LOT 86 & PART OF, Lot: 86

Utilities

ElectricityAvailable, ElectricityConnected, SewerAvailable, WaterAvailable, CableAvailable, Water Source: Public

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501 Arbor Creek Drive

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