McAllen TX Multi Family for Sale
$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
$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.
- Type:
- Fourplex
- Sq.Ft.:
- 4,120
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 444176
- Subdivision:
- Eldorado At Thousdand Oaks Iii
ADDITIONAL INFORMATION
Introducing an exceptional investment opportunity in this brand-new subdivision: a stunning four-plex apartment building featuring two spacious 2-bedroom, 2-bath units and two 3-bedroom, 2-bath units, all designed with modern living in mind. Each apartment boasts open-concept layouts, high-end finishes, including microwave, refrigerator, stove, washer and dryer. With easy access to top-rated schools, shopping centers, and recreational facilities, this property promises high rental demand and excellent returns. Don't miss out on this prime real estate opportunity—schedule your viewing today and secure your place in this thriving community! Property to be completed in late August 2024 or early September 2024.
$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..
$535,000
5704 Ozark Avenue McAllen, TX 78504
- Type:
- Fourplex
- Sq.Ft.:
- 3,978
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 441114
- Subdivision:
- Hills At Sharyland
ADDITIONAL INFORMATION
Investment opportunity in the newest subdivision Hills at Sharyland! This new construction modern property comprises 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 unit will feature a modern kitchen, poly foam on ceilings, hebel all around, contemporary finishes and fixtures, and tile flooring. Estimated time of completion is August 2024. Don't miss the chance to capitalized on this investment!
$535,000
5812 Ozark Avenue McAllen, TX 78504
- Type:
- Fourplex
- Sq.Ft.:
- 3,978
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 441115
- Subdivision:
- Hills At Sharyland
ADDITIONAL INFORMATION
Investment opportunity in the newest subdivision Hills at Sharyland! This new construction modern property comprises 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 unit will feature a modern kitchen, poly foam on ceilings, hebel all around, contemporary finishes and fixtures, and tile flooring. The units will be equipped with all essential appliances. Estimated time of completion is August 2024. Don't miss the chance to capitalized on this investment!
$520,000
1604 Avocet Avenue McAllen, TX 78504
- Type:
- Fourplex
- Sq.Ft.:
- 4,312
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1989
- Baths:
- MLS#:
- 436391
- Subdivision:
- North Park Estates #2
ADDITIONAL INFORMATION
Well maintained 4-plex in popular north McAllen area with rare vacancies that is within a short walking distance to Bill Schuppe Park, Bicentennial bike riding and jogging trail, and Gold's Gym. Only a few blocks from large anchor store shopping plazas. Each unit has two split bedrooms, two bathrooms, stove, dishwasher, refrigerator, laundry room with washer and dryer connections (one unit has large laundry closet in hallway), two dedicated carport spaces, and a private courtyard.
- Type:
- Other
- Sq.Ft.:
- 6,992
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.59 Acres
- Year built:
- 1975
- Baths:
- MLS#:
- 435545
- Subdivision:
- Gardenia Manor
ADDITIONAL INFORMATION
Great investment opportunity offers 10 unit multifamily property 7 units, 2 bed 1 bath., 1 unit, 1 bed 1 bath and 2 efficiency with kitchenette Sitting on .59 Acre lot Located in North McAllen and part of Sharyland School District, 5 min drive to UTRGV. If you are looking for a great investment opportunity, look no further! Owner Financing Available. Call for a private showing today! All units are occupied.
- 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!
$829,000
3010 S L Lane McAllen, TX 78503
- Type:
- Fourplex
- Sq.Ft.:
- 7,462
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 2013
- Baths:
- MLS#:
- 430513
- Subdivision:
- Breman Condominiums
ADDITIONAL INFORMATION
WEll designed and built with high end materials by present owner. Builder is known for superb contruction and customer satisfaction. All units rented and very well maintained, all appliances convey , all bedrooms are upstairs and living areas and kitchens are on main floor. Small enclosed patio in rear , all floors are tile with no carpet in the condos... all the condos are extra large with built-ins and super clean. All units have their own meters/ electric/ water with an extra set of meters for the owner/ common area. Two units have a one car garage and all units have parking in front on concrete surface, all units have at least 2 parking spaces. Plus all units have fire protection/ sprinkler systems and extinguishers ..... One main control room for fire protection is located on outside of building.
$799,000
3006 S L Lane McAllen, TX 78503
- Type:
- Fourplex
- Sq.Ft.:
- 7,186
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 2013
- Baths:
- MLS#:
- 430512
- Subdivision:
- Breman Condominiums
ADDITIONAL INFORMATION
WEll designed and built with high end materials by present owner. Builder is known for superb contruction and customer satisfaction. All units rented and very well maintained, all appliances convey , all bedrooms are upstairs and living areas and kitchens are on main floor. Small enclosed patio in rear , all floors are tile with no carpet in the condos... all the condos are extra large with built-ins and super clean. All units have their own meters/ electric/ water with an extra set of meters for the owner/ common area. Two units have a one car garage and all units have parking in front on concrete surface, all units have at least 2 parking spaces. Plus all units have fire protection/ sprinkler systems and extinguishers ..... One main control room for fire protection is located on outside of building.
$549,500
5800 Puffin Avenue McAllen, TX 78504
- Type:
- Fourplex
- Sq.Ft.:
- 4,054
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 2022
- Baths:
- MLS#:
- 429269
- Subdivision:
- Shary Manor
ADDITIONAL INFORMATION
Investment property for sale. Located in new gated subdivision in Mcallen TX!
$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.
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 $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.