McAllen TX Multi Family for Sale
$1,900,000
1100 E Cedar Avenue McAllen, TX 78501
- Type:
- Apartment
- Sq.Ft.:
- 16,624
- Status:
- NEW LISTING
- 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:
- NEW LISTING
- 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***
$350,000
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.
$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#:
- 449057
- Subdivision:
- West Addition To Mcallen
ADDITIONAL INFORMATION
Don’t miss out on this fantastic investment property just minutes from the heart of downtown McAllen! This fully leased 3-plex offers steady rental income and incredible potential for investors looking to expand their portfolio. The property features spacious units with modern amenities and is located in a desirable area with easy access to shopping, dining, and entertainment. With its excellent location and solid rental history, this 3-plex is a turnkey opportunity for investors.
- Type:
- Triplex
- Sq.Ft.:
- 3,024
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- 448332
- Subdivision:
- West Addition To Mcallen
ADDITIONAL INFORMATION
This Almost New triplex offers three distinct units: a 3-bed/2-bath, a 3-bed/2-bath, and a spacious 3-bed/2-bath. Each unit features modern finishes, separate utilities, and over 1000 sqft of living space. With off-street parking and a prime location near amenities, this property is perfect for investors or multi-generational living.
$560,000
417 N 28th Street McAllen, TX 78501
- Type:
- Other
- Sq.Ft.:
- 6,486
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Year built:
- 1994
- Baths:
- MLS#:
- 447368
- Subdivision:
- Alaniz
ADDITIONAL INFORMATION
Welcome to an incredible investment opportunity! This well-maintained 8-plex features eight spacious units, each offering 2 bedrooms and 1.5 baths, spread over approximately 810 square feet of living space. Located in a highly desirable area, this property is ideal for investors looking to add a stable, income-generating asset to their portfolio.
$330,000
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.
$925,000
3820 N 9th Court McAllen, TX 78501
- Type:
- Apartment
- Sq.Ft.:
- 5,692
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1978
- Baths:
- MLS#:
- 445697
- Subdivision:
- El Cazador
ADDITIONAL INFORMATION
Location Location Location fantastic opportunity with this fully leased 10-unit apartment complex boasting a recently renovated exterior and mild updates on the interiors. Nestled on a cul-de-sac street with ample parking spaces, this property is surrounded by only three other apartment buildings, making it a low-density living environment for tenants. They can enjoy the convenience of being just moments away from shopping centers, grocery stores, banks, and restaurants. Located right behind PNC bank on Nolana and 10th street, this property is an ideal choice for those seeking a investment property to add to their portfolio.
- Type:
- Fourplex
- Sq.Ft.:
- 3,934
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 2020
- Baths:
- MLS#:
- 444225
- Subdivision:
- Las Villitas At The Groves On Shary
ADDITIONAL INFORMATION
This FOUR-PLEX is a dream! 2 bedroom and 2 full bathrooms. Tile floors and granite countertops through-out. Currently, they are being leased. Units include all appliances plus washer & dryer. All units have their own private fenced backyard. Rents can be increased. Great Investment Opportunity with immediate Cash Flow!! Four Plex is centrally located near shopping centers, schools, restaurants, etc.
- Type:
- Other
- Sq.Ft.:
- 3,934
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 2020
- Baths:
- MLS#:
- 29754886
- Subdivision:
- LAS VILLITAS AT THE GROVES ON SHARY
ADDITIONAL INFORMATION
This FOUR-PLEX is a dream! 2 bedroom and 2 full bathrooms. Tile floors and granite countertops through-out. Currently, they are being leased. Units include all appliances plus washer & dryer. All units have their own private fenced backyard. Rents can be increased. Great Investment Opportunity with immediate Cash Flow!! Four Plex is centrally located near shopping centers, schools, restaurants, etc..
$210,000
401 S 21st Street McAllen, TX 78501
- Type:
- Triplex
- Sq.Ft.:
- 1,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- 439644
- Subdivision:
- Guerra
ADDITIONAL INFORMATION
Discover a unique investment opportunity with this triplex situated in close proximity to the thriving McAllen Historic Business Redevelopment area. This property combines modern convenience with a prime location, making it an excellent choice for investors or those seeking a distinctive residence. Recently upgraded with a brand-new metal roof, the triplex ensures durability and low maintenance, providing peace of mind for the future. Enjoy easy access to the McAllen Convention and Event Center, enhancing the potential for rental income and providing entertainment options for residents. Take advantage of the property's proximity to La Plaza Mall and McAllen International Airport. unit 1 and 2 have their own electric and water meter - Unit 2 and 3 share the water and electric bill Call today and submit your offers!
$535,000
3813 N 7th Court McAllen, TX 78501
- Type:
- Other
- Sq.Ft.:
- 5,388
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1995
- Baths:
- MLS#:
- 439319
- Subdivision:
- El Cazador
ADDITIONAL INFORMATION
This is a very nice five-plex in a great location.Call LA to schedule your showing.
- Type:
- Triplex
- Sq.Ft.:
- 2,492
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1971
- Baths:
- MLS#:
- 432491
- Subdivision:
- Hammond
ADDITIONAL INFORMATION
Introducing a triplex in a prime location, offering a blend of modern comfort and passive income potential. Featuring three units: a spacious three-bedroom residence and two cozy one-bedroom apartments. Currently fully occupied, this property generates consistent monthly rental income, appealing to both investors and owner-occupiers. With off-street parking, outdoor spaces, and low maintenance requirements, it promises convenience and hassle-free ownership. Don't miss this opportunity to secure a investment in a thriving real estate market. Schedule a viewing today and unlock the potential of this exceptional triplex!
- Type:
- Triplex
- Sq.Ft.:
- 888
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1992
- Baths:
- MLS#:
- 432229
- Subdivision:
- South Tenth Street
ADDITIONAL INFORMATION
Spacious modern clean units ready to lease! Enjoy beautiful quartz counters and ample living space. Conveniently located in Central McAllen. Just a short 5 minute drive from La Plaza Mall, Airport ,U.S 83 & Interstate 2 Highway. Close proximity to restaurants and 5 minutes from McAllen Medical Center. Call to view today!
$535,000
512 S 9th Street McAllen, TX 78501
- Type:
- Fourplex
- Sq.Ft.:
- 1,201
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 2015
- Baths:
- MLS#:
- 432227
- Subdivision:
- Waldrons
ADDITIONAL INFORMATION
Beautiful Mcallen Apartment with full side fenced yard, painted/stained concrete and new flooring, stainless steel appliances and washer/dryer included, sprinkler systems, Quartz counters, 2 bedrooms/ 1.5 baths / assigned parking, blinds included, new fixtures, covered patio. Close proximity to restaurants, parks, 2nd street walking trail, schools, and shopping centers. Easy access to the expressway, downtown McAllen, and 10th St make this the perfect location!
$345,000
525 N 20th Street McAllen, TX 78501
- Type:
- Fourplex
- Sq.Ft.:
- 457
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1976
- Baths:
- MLS#:
- 432223
- Subdivision:
- Hammond
ADDITIONAL INFORMATION
Great income producing multi unit complex in the heart of McAllen! These one bed one bath units have new water heater, new a/c, new tile, new toilet, new sinks, and gas stove included! Call to view today!
$1,050,000
1101 Gardenia Avenue McAllen, TX 78501
- Type:
- Apartment
- Sq.Ft.:
- 9,023
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.58 Acres
- Year built:
- 1984
- Baths:
- MLS#:
- 427111
- Subdivision:
- Broadlawn Terrace
ADDITIONAL INFORMATION
Prime Location, 100% Occupied Income Property! This apartment complex offers an unbeatable location and consistent 100% occupancy, ensuring a steady income. Features 13 units, including covered parking, easy-to-maintain tile floors, proximity to top schools and shopping, long-term tenants, and income from on-site laundry facilities. Don't miss this prime investment opportunity. Contact us today!
- Type:
- Other
- Sq.Ft.:
- 986
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- 422864
- 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. **Tenants are responsible for payment on water and electric**
$285,000
912 N 29th Street McAllen, TX 78501
- Type:
- Triplex
- Sq.Ft.:
- 3,060
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1981
- Baths:
- MLS#:
- 414470
- Subdivision:
- Ivy Terrace
ADDITIONAL INFORMATION
This unique property is a new investor's dream. Income producing Duplex - 2 bedrooms 1 bath, with a 3 bedroom 2 bathroom HOME sits directly across the street from the STC Pecan campus. Roof and AC was replaced 7 years ago, brand new water heaters in all three units. Don't wait, take the opportunity! Currently this property generates $2250 a month in rent but should be correctly priced at $2750 a month with proper rent increases. After some renovations home should easily rent for $1750 and each Apt. for $800 for a grand total of $3250. If held long enough STC could potentially buy out the subdivision, handsomely above market value.
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.
Listing information provided by Rio Grande Valley MLS. IDX Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Copyright 2024 Rio Grande Valley MLS. All rights reserved.
McAllen Real Estate
The median home value in McAllen, TX is $135,700. This is higher than the county median home value of $97,500. The national median home value is $219,700. The average price of homes sold in McAllen, TX is $135,700. Approximately 52.55% of McAllen homes are owned, compared to 35.6% rented, while 11.85% 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 78501 has a population of 139,838. McAllen 78501 is less family-centric than the surrounding county with 36.02% of the households containing married families with children. The county average for households married with children is 38.66%.
The median household income in McAllen, Texas 78501 is $45,057. The median household income for the surrounding county is $37,097 compared to the national median of $57,652. The median age of people living in McAllen 78501 is 32.9 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 23.4 inches per year, with 0.1 inches of snow per year.