1111 Neff Street new Save Request In-Person Tour Request Virtual Tour
Denton,TX 76201
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Hillside Add
MLS Listing ID 20882978
Bedrooms 8
Full Baths 4
Half Baths 2
HOA Y/N None
Total Fin. Sqft 3268
Year Built 2009
Annual Tax Amount $8,126
Lot Size 7,897 Sqft
Acres 0.1813
Property Sub-Type Duplex
Property Description
This spacious 2009-built duplex is just minutes from the University of North Texas (less than 1 mile) and under 2 miles from Downtown Denton! Conveniently located near I-35, this property offers easy access to major areas, making it ideal for students, faculty, or professionals. Each identical unit features 4 bedrooms, 2 full bathrooms, and a half bath downstairs, perfect for roommate-friendly living for students or a co-living space for affordability. The first-floor common areas boast stained concrete flooring for durability and easy maintenance. Upstairs, the well-designed layout splits the bedrooms and bathrooms on each side, maximizing privacy. Additional features include: in-unit washer & dryer, spacious fenced backyard for outdoor enjoyment, and dedicated parking lot with 8 spots for residents. Both units are leased with unit 1 leased through 6.14.2025 and unit 2 leased through 6.30.2025. Tenants pay own utilities. Light cosmetic updates can enhance value. Opportunity to purchase two other neighboring duplexes located at 1107 Neff (MLS 20882742) and 1109 (MLS 20882822) as a portfolio with 3 duplexes and 6 units total with an assumable loan. Effective lease averages are around $2,200 for 1107, 1109 and 1111 together. Tenants pay own utilities. All units are nearly identical. See Transaction Desk for individual rents for each unit for all three duplexes. Qualified buyers can assume an existing 5.46% interest-only loan (matures Feb 2032). Contact agent for more details.
Location
State TX
County Denton
Direction Google maps
Interior
Interior Features Cable TV Available,Double Vanity,Open Floorplan
Heating Central,Electric
Cooling Central Air,Electric
Flooring Carpet,Concrete
Appliance Dishwasher,Disposal,Dryer,Electric Range,Microwave,Washer
Heat Source Central,Electric
Exterior
Utilities Available City Sewer,City Water
Roof Type Composition
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Siding,Wood
Schools
Elementary Schools Borman
Middle Schools Calhoun
High Schools Denton
School District Denton Isd
Others
Ownership VH NEFF DUPLEXES DE LLC
Acceptable Financing 1031 Exchange,Assumable,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Assumable,Cash,Conventional,FHA,VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20882978