McAllen TX Multi Family for Sale
$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.
- 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.
- 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
$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.
$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.
$920,000
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.
$580,000
1312 Beech Avenue McAllen, TX 78501
- Type:
- Other
- Sq.Ft.:
- 5,518
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1990
- Baths:
- MLS#:
- 444195
- Subdivision:
- North Mcallen
ADDITIONAL INFORMATION
Welcome to 1312 Beech, where comfort meets convenience in the heart of McAllen. Our affordable apartment building offers a quality living experience, combining essential amenities with thoughtful design. Perfectly situated in a vibrant neighborhood, residents enjoy easy access to dining, shopping, and entertainment options.
- 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..
- 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!
$270,000
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.
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| Copyright © 2025, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. |
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 2025 Rio Grande Valley MLS. All rights reserved.
McAllen Real Estate
The median home value in McAllen, TX is $204,100. 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 $204,100. 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 78501 has a population of 141,941. McAllen 78501 is less family-centric than the surrounding county with 32.99% 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 78501 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 78501 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.