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1402 N Adams St - 1402 N Adams - Premier Fredericksburg 6-Plex 6 Unit Apartment Building Offered at $990,000 Fredericksburg, TX 78624



Investment Highlights
- 100% occupied with all six units under fixed-term leases
- Six income-producing residential units
- Minutes from Historic Main Street
- Immediate rental income at closing
- Strong, stable cash-flow opportunity
- Convenient access to shopping, dining, schools, healthcare, and local employers
Executive Summary
Offered at $990,000, this exceptional six-unit multifamily property presents a rare opportunity to acquire a fully leased, income-producing asset in one of the Texas Hill Country's most desirable investment markets. Located at 1402 N. Adams Street in Fredericksburg, this well-maintained apartment community offers immediate cash flow, six income-producing units, and outstanding long-term investment potential. With approximately 4,646 square feet, the property is currently 100% occupied, with all six units leased under fixed-term agreements, providing investors with stable rental income from day one. Multifamily properties of this size and quality rarely become available in Fredericksburg, making this an exceptional opportunity for investors seeking dependable cash flow and long-term appreciation. Residents enjoy convenient access to Historic Main Street, shopping, restaurants, schools, healthcare, local employers, and the renowned wineries that have made Fredericksburg one of Texas' premier destinations.
Fredericksburg's continued population growth, strong local economy, and limited multifamily inventory continue to support a healthy rental market and long-term investment value. Whether you're expanding an existing portfolio, completing a 1031 exchange, or acquiring your first multifamily investment, this property offers the stability of six leased units in one of the strongest rental markets in the Texas Hill Country. Investment opportunities like this are increasingly rare in Fredericksburg. This fully leased six-plex offers
the ideal combination of immediate income, long-term appreciation potential, and a prime location in one of Texas' most desirable real estate markets.
Fredericksburg's continued population growth, strong local economy, and limited multifamily inventory continue to support a healthy rental market and long-term investment value. Whether you're expanding an existing portfolio, completing a 1031 exchange, or acquiring your first multifamily investment, this property offers the stability of six leased units in one of the strongest rental markets in the Texas Hill Country. Investment opportunities like this are increasingly rare in Fredericksburg. This fully leased six-plex offers
the ideal combination of immediate income, long-term appreciation potential, and a prime location in one of Texas' most desirable real estate markets.
Property Facts
| Price | $990,000 | Apartment Style | Low-Rise |
| Price Per Unit | $165,000 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 4,646 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Year Built | 1980 | |
| Zoning | R-2 | ||
| Price | $990,000 |
| Price Per Unit | $165,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | |
| Apartment Style | Low-Rise |
| Lot Size | 0.28 AC |
| Building Size | 4,646 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | R-2 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 13995 | Improvements Assessment | $237,990 |
| Land Assessment | $186,710 | Total Assessment | $424,700 |
Property Taxes
Parcel Number
13995
Land Assessment
$186,710
Improvements Assessment
$237,990
Total Assessment
$424,700
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1402 N Adams St - 1402 N Adams - Premier Fredericksburg 6-Plex
