Apartment Building

Midland, TX Apartment Buildings for Sale

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Odessa, TX Stanton, TX Gardendale, TX Weatherford, TX
Renovated 38-Unit Apartment Building
Updated: Apr 11
Renovated 38-Unit Apartment Building

500 N Colorado St, Midland, TX 79701

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29,610 sqft 0.77 AC lot
38 units in 3 buildings totaling 29,610 square feet on .77 acres
Renovated in 2019 following original construction in 1966
Unit mix includes 34 one‑bedroom and 4 two‑bedroom apartments
51 parking spaces: 38 covered and 13 surface
Swimming pool, grill, and pool chairs on site
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Value-Add Multifamily Portfolio
Updated: Apr 12
Value-Add Multifamily Portfolio

3321 Neely Ave, Midland, TX 79707

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Seven‑property multifamily portfolio totaling 896 units in Midland and Odessa, TX.
Approximately 70% of units remain to be upgraded, with some upgrades already completed on select units.
Current rents across the portfolio are well below the Midland/Odessa submarket average, supporting organic rent growth potential.
Midland/Odessa market posted 15.6% annual rent growth in 3Q2023, the top rent‑growth submarket in the U.S. (RealPage Data).
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128-Unit Apartment Community
128-Unit Apartment Community

3001 Midland Dr, Midland, TX 79707

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Multibuilding rental property with private outdoor spaces, a swimming pool, and an on-site laundry center.

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See what stands out in Midland County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Midland, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

22-Unit Apartment Complexes
22-Unit Apartment Complexes

405 W 4th St, Monahans, TX 79756

$4,400,000
21,454 sqft 1.03 AC lot

Two newly built multifamily properties offer separately metered residences with open layouts and laundry rooms.

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Turnkey Multifamily Apartment Building
Turnkey Multifamily Apartment Building

1500 N MAIN, Monahans, TX 79756

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11,000 sqft 0.64 AC lot

For sale multifamily building featuring 12 newly built units on a 0.64-acre site in Monahans, Texas.

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Apartment Building with Laundry
Apartment Building with Laundry

1449 JBS Parkway, Odessa, TX 79762

$2,280,000
14,700 sqft 0.65 AC lot

Brick apartment property with upgraded units, on-site laundry, and individual heating and cooling systems.

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24-Unit Apartment Portfolio
24-Unit Apartment Portfolio

6701 Eastridge Road, Odessa, TX 79762

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1 sqft

Fully occupied condominium units in a professionally managed multifamily property near shopping, dining, and daily amenities.

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Off-Market Properties in Midland, TX

Consider similar Off-Market properties in Midland, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1101 Wall St
Multifamily properties

1101 Wall St, Midland, TX 79701

Value Estimation by Request
9,000 sqft 0.48 AC lot
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Midland, TX Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Midland, TX, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 29,610 square feet of properties for sale.

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Demographics Overview

Population 165K
Population Growth (5Y) +3.1%
Median Household Income $93,990
College Educated 16.9%

Taxes & Financing

Tax Rate (average for all types) 1.27%
Property Tax per SF $40.08 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Midland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Midland County

Retail

Office

Property Size Breakdown

The majority of commercial real estate listings in Midland fall within the 100,000+ square foot range.

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