- For Sale $395,000
- Property Type Multi-Family
- Property Size 2,940 SF
- Units 4
- Lot Size 0.43 Acre
- Year Built 1970
- Year Renovated 2005
- Date Updated Aug 13, 2026
Description
Located in Canton, TX, the Van Zandt County seat, anchored by First Monday Trade Days, the nationally recognized flea market drawing consistent visitor traffic year-round; 128 feet of frontage.220 S Bois D Arc Street is a 100% occupied, four-unit multifamily property in Canton, Texas, the Van Zandt County seat. The building totals 2,940 square feet on a 0.43-acre lot and was constructed in 1970 with an effective year of 2005. All four units are currently leased, generating $4,525 in monthly rental income.
The asset has a proven income history, producing net operating income of $30,534 in 2024 and $32,557 in 2025. Offered at $395,000, the property represents an 8.2% capitalization rate on 2025 net operating income. In-place rents range from $1,075 to $1,275, with three units on flexible month-to-month terms that give a new owner the ability to mark rents to market.
Canton anchors a stable rental market driven in large part by First Monday Trade Days. Small multifamily product trades thinly in this submarket, making well-maintained, fully occupied assets like this difficult to replace.
Highlights
- 100% occupied with $4,525 in monthly in-place rents
- 2025 actual NOI of $32,557 ($30,534 in 2024)
- 8.2% cap rate on 2025 NOI
- Stable Canton rental market anchored by First Monday Trade Days
- Three units on month-to-month terms - ability to mark rents to market
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Contacts
Samuel Scarborough, CCIM
Scarborough Commercial Real Estate
Location
Located at 220 Bois D Arc, Canton, TX 75103, this property is part of the Canton neighborhood.
Contact Listing Broker
Samuel Scarborough, CCIM
Scarborough Commercial Real Estate