McAllen TX Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- 4,354
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 2025
- Baths:
- MLS#:
- 457963
- Subdivision:
- Eldorado At Thousdand Oaks Iii
ADDITIONAL INFORMATION
This brand-new, gated fourplex subdivision presents an exceptional investment opportunity in a highly sought-after location. Situated just off Highway 107 and Ware Road, the property is conveniently close to UTRGV, Texas A&M in McAllen, IDEA Public Schools, as well as parks, shopping centers, and dining options. Its prime location offers unmatched convenience and accessibility for tenants. Each fourplex unit is thoughtfully designed, featuring ALL units 3-bedroom 2-bathroom. The modern, open-concept floor plans are complemented by high-end finishes, ensuring both comfort and style. This combination of features creates strong rental demand, making it an attractive option for investors. With its excellent location, impressive rental potential, and low-maintenance construction, this property is a standout opportunity in the growing Edinburg market. Estimated to be completed by end of January.
$2,500,000
120 S 4th Street McAllen, TX 78501
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1985
- Baths:
- 1.00
- MLS#:
- 96160595
- Subdivision:
- WILSON
View additional info
Courtesy: Effective Real Estate, LLC
956-502-0238
ADDITIONAL INFORMATION
Don't miss this chance to acquire this well located and unique income producing asset. The property is located just steps from popular retail and restaurants and the highly trafficked intersection of business 83 and 2nd st. All of the units have been professionally remodeled with high quality finishes, and are turn key ready for occupancy. The property presents an particularly interesting opportunity to fill a specific niche in the local rental market with its completely furnished studio units. The units are equipped with smart tv's, comfortable beds, dining areas, kitchenettes, and in unit washer and dryers.
$535,000
3401 Fuerte Avenue McAllen, TX 78504
- Type:
- Fourplex
- Sq.Ft.:
- 4,036
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 2022
- Baths:
- MLS#:
- 457628
- Subdivision:
- Stonebriar At Trinity Oaks
ADDITIONAL INFORMATION
Take a look at this great investment opportunity located right off of Sprague in McAllen! This building includes a 3 Bed/2 Bath, 1 Bed/ 1 Bath and 2 Bed/ 2 Bath units that is perfect for having a variety of layout. Enjoy a quiet neighborhood while also having quick access to UTRGV, shops, eateries and more in the area! Don’t miss out on this great investment opportunity here in McAllen!
- Type:
- Fourplex
- Sq.Ft.:
- 7,200
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1994
- Baths:
- MLS#:
- 457245
- Subdivision:
- W. H. Graner #2
ADDITIONAL INFORMATION
Exceptional Investment Opportunity. Very well maintained Fourplex with long term tenants. The owner has recently renovated 3 of the units. Location provides easy access to shopping, restaurants. entertainment, hospitals and other facilities.
$429,000
7105 N 8th Street McAllen, TX 78504
- Type:
- Fourplex
- Sq.Ft.:
- 4,480
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1997
- Baths:
- MLS#:
- 457312
- Subdivision:
- Songbird
ADDITIONAL INFORMATION
You will not be disappointed if you invest in this 4plex! These apartments are within walking distance to shopping centers and restaurants and coffee shops. They have been beautifully updated with new flooring in 3 of the units, quartz countertops, new ceiling fans and faucets. Each unit is 1120 Sq Ft and features 2 large bedrooms, 2 bathrooms, good size living area and plenty of storage area. Each unit also has a small patio area. This property is perfect for investors looking to add to their portfolio or for those looking for a multi-family property to live in one unit and rent out the others. Don't miss out on this great opportunity to own a piece of real estate in one of McAllen's most sought-after neighborhoods. Schedule your showing today!
- Type:
- Duplex
- Sq.Ft.:
- 950
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 456246
- Subdivision:
- College Heights
ADDITIONAL INFORMATION
Welcome to this new construction Duplex in the city of McAllen Tx. Units are 1 bed 1 bath both. Close to stores, restaurants and to down town McAllen
$460,000
6700 N 7th Court McAllen, TX 78504
- Type:
- Fourplex
- Sq.Ft.:
- 4,862
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1997
- Baths:
- MLS#:
- 453404
- Subdivision:
- Robin Village
ADDITIONAL INFORMATION
Location! Location! Location! Near 10th Street and Trenton Road behind HEB Plus! Located on a cul-de-sac. No HOA, fully rented. Shopping, banking, restaurants nearby. Maintenance expense is for lawn care. Other expense is for professional property management fee. Please note, living area per building is 2431 sqft per HCAD. Living area per unit is only “Estimates”. Irregular lot. Year built, lot area, living area, 2024 property tax taken from HCAD. Buyers must do their own due diligence. Unit B tenants own the washer/dryer and Unit D owns washer/dryer/refrigerator -not conveying. (Sellers may possibly do a 1031 Deferred Tax Exchange; no expense from buyers; buyers to cooperate with the process.) Interior photos in process. Waiting for tenants’ availability.
$1,200,000
4113 N 24th Lane McAllen, TX 78504
- Type:
- Apartment
- Sq.Ft.:
- 13,939
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.32 Acres
- Year built:
- 2013
- Baths:
- MLS#:
- 453611
- Subdivision:
- Trigo's
ADDITIONAL INFORMATION
Take a look at this great 8 unit multi family property. This is a perfect investment located in a prime location in Mcallen, Texas. 4 apartments are available for rent. 2 units rent at $900 and 2 units with balcony at $950.
- Type:
- Fourplex
- Sq.Ft.:
- 3,860
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 453438
- Subdivision:
- Eldorado At Thousdand Oaks Iii
ADDITIONAL INFORMATION
This brand-new, gated fourplex subdivision presents an exceptional investment opportunity in a highly sought-after location. Situated just off Highway 107 and Ware Road, the property is conveniently close to UTRGV, Texas A&M in McAllen, IDEA Public Schools, as well as parks, shopping centers, and dining options. Its prime location offers unmatched convenience and accessibility for tenants. Each fourplex unit is thoughtfully designed, featuring two 3-bedroom and two 2-bedroom units, providing versatile living options that appeal to a diverse tenant base. The modern, open-concept floor plans are complemented by high-end finishes, ensuring both comfort and style. This combination of features creates strong rental demand, making it an attractive option for investors. With its excellent location, impressive rental potential, and low-maintenance construction, this property is a standout opportunity in the growing Edinburg market.
- Type:
- Fourplex
- Sq.Ft.:
- 4,312
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 2022
- Baths:
- MLS#:
- 452999
- Subdivision:
- Shary Manor
ADDITIONAL INFORMATION
FOUR-PLEX FOR SALE-ALL UNITS ARE 3BED/2BATH IN MCALLEN,TX-SHARYLAND ISD! PRIME LOCATION!Located in gated multi-family subdivision in McAllen,TX,Sharyland ISD.Prime Location!Modern open concept floorplan with wood like tile throughout, all units are 3bed/2bath. Kitchen with custom cabinets with modern granite and an island with lots of cabinet space.Spacious bedrooms with large closets.Large master bedroom with large bathroom with frameless glass shower and large closet.All units have their own private fenced concrete backyard for low maintenance.Stainless steel appliances included as well as washer and dryer.8 Carport Spaces Included.Tenants pay electricity, trash,cable,internet.Great Investment Opportunity,Immediate Cash Flow!
- Type:
- Fourplex
- Sq.Ft.:
- 3,848
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Baths:
- MLS#:
- 452793
- Subdivision:
- Hills At Sharyland
ADDITIONAL INFORMATION
Don't let this amazing investment opportunity in Sharyland pass you by! This new construction fourplex will consist of four units, with two units featuring a generous layout of 3 bedrooms, and 2 bathrooms each, while the remaining two units offer 2 bedrooms and 2 bathrooms, all embracing an open concept design. Each will be equipped with all essential appliances. Estimated time of completion is Spring 2025.
- Type:
- Apartment
- Sq.Ft.:
- 7,440
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.01 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- 452621
- Subdivision:
- La Plaza Villa #2
ADDITIONAL INFORMATION
Investor alert!! This 8 unit multi family property is located just down the street from 10th st and La Plaza Mall. La Plaza Mall is the premier shopping destination in the Rio Grande Valley and features over 1,300,000 square feet of upscale and mainstream retail space. All of the units are 2 bedroom 2 bath, and have been extensively remodeled with new windows, door hardware, cabinets, counter tops, tile, recessed lighting, trim, and ceiling fans throughout. Don't miss this opportunity to purchase a property with an outstanding location and great income potential! Seller financing available!
$299,000
313 N 40th Street McAllen, TX 78501
- Type:
- Triplex
- Sq.Ft.:
- 2,405
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1978
- Baths:
- MLS#:
- 452229
- Subdivision:
- Golden Acres Retirement
ADDITIONAL INFORMATION
Great property currently being used as a short-term rental. Nearby Mcallen Airport, The Plaza Mall, and every amenity and necessity you need for yourself and/or your tenants. Property consists of three units, one 2-bedroom 2 baths. two 1 bedroom 1 bath,
$360,000
2816 N 31st Street McAllen, TX 78501
- Type:
- Fourplex
- Sq.Ft.:
- 3,908
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1991
- Baths:
- MLS#:
- 451697
- Subdivision:
- Daffodil Place
ADDITIONAL INFORMATION
Each apartment has a 2 bedroom / 2 baths, with washer and dryer connections. The 4-plex is close to public schools, restaurants, and shopping.
$495,000
412 S 49th Street McAllen, TX 78501
- Type:
- Fourplex
- Sq.Ft.:
- 4,516
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 2007
- Baths:
- MLS#:
- 452003
- Subdivision:
- Shary Landing
ADDITIONAL INFORMATION
This well-maintained fourplex is an excellent investment opportunity located in McAllen, Texas, zoned for the highly-rated Sharyland Independent School District. Perfect for investors or homeowners looking to generate rental income. Each unit features 2 bedrooms and 2 bathrooms, ideal for families and professionals.
- Type:
- Other
- Sq.Ft.:
- 986
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- 451768
- Subdivision:
- Original Townsite
ADDITIONAL INFORMATION
Property is improved with 2 rental homes. 1 home with 3b 1ba sits at the front of the property and the other home with 2b 1ba sits at the rear of the property. Property directly North is zoned commercial. Property adjacent South is a multi-family Apartment Complex. Value is in superb located lot & not the older 2 homes. **Tenants are responsible for payment on water and electric**
$295,000
2113 Dallas Avenue McAllen, TX 78501
- Type:
- Triplex
- Sq.Ft.:
- 3,648
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1978
- Baths:
- MLS#:
- 450780
- Subdivision:
- West Addition To Mcallen
ADDITIONAL INFORMATION
Seize this prime investment opportunity just minutes from downtown McAllen! This fully leased 3-plex offers consistent rental income and excellent potential for portfolio growth. Each spacious unit comes with modern amenities and is ideally located near shopping, dining, and entertainment. With a desirable location and strong rental history, this 3-plex is a turnkey asset for any savvy investor. Don’t miss out!
- Type:
- Fourplex
- Sq.Ft.:
- 4,740
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 2014
- Baths:
- MLS#:
- 450416
- Subdivision:
- Sunrise Terrace Condominiums
ADDITIONAL INFORMATION
Charming Fourplex in Private Subdivision with Pool Access – Great Location! Don’t miss this incredible investment opportunity! This fourplex offers four spacious 2-bedroom, 2.5-bathroom units, each thoughtfully designed with open floor plans, modern finishes, and plenty of natural light. Located in a private subdivision, residents will enjoy access to a community pool and serene surroundings. Each unit features: *2 large bedrooms with ample closet space *2 full bathrooms and a convenient half bath *Bright, open living spaces perfect for entertaining *Modern kitchens with updated appliances *In-unit laundry room , includes washer and dryer Situated in a highly desirable location, this property is close to schools, shopping, dining, and major commuter routes. Perfect for investors or owner-occupants, this property offers long-term rental potential in a well-maintained community. With plenty of parking and the added perk of pool access, this is a rare find!
$180,000
2525 Erie Avenue McAllen, TX 78501
- Type:
- Triplex
- Sq.Ft.:
- 2,326
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1991
- Baths:
- MLS#:
- 450245
- Subdivision:
- College Addition
ADDITIONAL INFORMATION
Great investment opportunity in a great location close to 23rd and Expressway 83. A 3 unit fixer-upper each with 2 bedrooms with 1 bathroom units and a small backyard area.
$1,900,000
1100 E Cedar Avenue McAllen, TX 78501
- Type:
- Apartment
- Sq.Ft.:
- 16,624
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.98 Acres
- Year built:
- 2016
- Baths:
- MLS#:
- 449541
- Subdivision:
- El Cedro
ADDITIONAL INFORMATION
Investment opportunity in McAllen, Texas. Prime location with easy access to Expressway 83, close to shops, restaurants, malls, hospitals, grocery stores. 20 Fully Occupied Units. 12 uniits built in 2018 and 8 units build in 2021.
$259,900
2717 N 32nd Street McAllen, TX 78501
- Type:
- Triplex
- Sq.Ft.:
- 3,345
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1976
- Baths:
- MLS#:
- 449659
- Subdivision:
- Daffodil Place
ADDITIONAL INFORMATION
Welcome to this investment opportunity in McAllen! Come tour this apartment unit (triplex) in a great location. Close to Ware Road, shopping centers, restaurants and STC. This triplex will be a great opportunity for an investor to flip or to simply add to your portfolio! Currently all 3 units are leased. 72 Hour Notice is required,Tenant Occupied, Use ShowingTime. **PHOTOS ARE OF UNIT A***
$324,999
2713 N 31st Street McAllen, TX 78501
- Type:
- Fourplex
- Sq.Ft.:
- 3,348
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1994
- Baths:
- MLS#:
- 443219
- Subdivision:
- Daffodil Place
ADDITIONAL INFORMATION
Don’t miss this opportunity to own a profitable 4-unit property in McAllen. Perfect for both seasoned investors and those new to real estate. Each unit is 2 bed 1 bath. Three units are currently rented for $700 month, one unit is recently vacant but will be ready for a new tenant.
$540,000
3305 Frio Avenue McAllen, TX 78504
- Type:
- Fourplex
- Sq.Ft.:
- 4,012
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 2022
- Baths:
- MLS#:
- 446994
- Subdivision:
- Stonebriar At Trinity Oaks
ADDITIONAL INFORMATION
Excellent opportunity to own a fourplex in the city of Mcallen. Fourplex was built in 2022. Features include tile flooring granite countertops,central air conditioning, Two 2 bedroom 2 bath units and two 3 bedroom 2 bath units.
$309,000
505 N 12th Street McAllen, TX 78501
- Type:
- Fourplex
- Sq.Ft.:
- 3,841
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.33 Acres
- Year built:
- 1976
- Baths:
- MLS#:
- 446232
- Subdivision:
- North Mcallen
ADDITIONAL INFORMATION
Prime investment opportunity in an established McAllen neighborhood. This fully occupied multi-tenant property features four apartments with long-term tenants, offering steady income from day one. Ideally located with quick access to McAllen's main arteries, it's close to the vibrant nightlife of the historical and downtown districts and within walking distance to Archer Park and its popular food truck park. While the property needs some TLC, there's significant potential for rent increases, making it an excellent investment. There are 3 buildings on the 1/3 acre property with yard space for each area. Enjoy the benefits of a stable community, easy access to public transportation, and major highways. Don't miss this chance to own a promising property with great growth potential.
- Type:
- Apartment
- Sq.Ft.:
- 1,420
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 2010
- Baths:
- MLS#:
- 446234
- Subdivision:
- Las Jollas Condominiums
ADDITIONAL INFORMATION
TENANT OCCUPIED. Month to Month Lease on $1380. The potential market rent is $1500. Unit 15 is a lower level 3 bedroom 2 Bathroom Single story on 1st floor. Closed Car garage included. Built in 2010 compared to older units in the same subdivision. Beautiful Stucco Exteriors and Clay Roof Tile. Nice backyard common space with Gazebo and Outdoor in-ground swimming pool. Near grocery shopping and restaurants. Property professionally managed. Investors can continue with current property management if requested. The property does not qualify for FHA
Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
Based on information from the McAllen Association of REALTORS® (alternatively, from GMAR) as of {{last updated}}. GMAR does not guarantee or is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by the GMAR MLS may not reflect all real estate activity in the market.
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McAllen Real Estate
The median home value in McAllen, TX is $255,000. This is higher than the county median home value of $166,400. The national median home value is $338,100. The average price of homes sold in McAllen, TX is $255,000. Approximately 51.91% of McAllen homes are owned, compared to 36.07% rented, while 12.02% are vacant. McAllen real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a McAllen real estate agent to arrange a tour today!
McAllen, Texas has a population of 141,941. McAllen is less family-centric than the surrounding county with 33.48% of the households containing married families with children. The county average for households married with children is 37.3%.
The median household income in McAllen, Texas is $52,422. The median household income for the surrounding county is $44,666 compared to the national median of $69,021. The median age of people living in McAllen is 33 years.
McAllen Weather
The average high temperature in July is 96.6 degrees, with an average low temperature in January of 49.4 degrees. The average rainfall is approximately 21.8 inches per year, with 0 inches of snow per year.