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Odessa, TX Apartment Buildings for Sale

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Apartment Building with Laundry
Updated: Aug 27
Apartment Building with Laundry

1449 JBS Parkway, Odessa, TX 79762

$2,280,000
14,700 sqft 0.65 AC lot
21 one‑bedroom, one‑bath units, plus one efficiency and one two‑bedroom, 1 1/2‑bath unit
14,700 square feet on 0.65 acres at 1449 JBS Parkway
All units are rented
Laundry room equipped with 3 washers and 3 dryers
TPO roof installed in 2018
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Fully Furnished 14-Unit Apartment Complex
Updated: Jul 24
Fully Furnished 14-Unit Apartment Complex

2405 Kermit Hwy, Odessa, TX 79761

$1,150,000
6,522 sqft
Fully furnished 14‑unit apartment complex in Odessa, TX
Move‑in ready units designed for immediate occupancy
Built in 1952
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West Odessa Income Property
West Odessa Income Property

12715 W 3rd St, Odessa, TX 79763

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6,375 sqft 2.50 AC lot

17-bedroom income property on 2.5 acres in West Odessa.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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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Fenced Workforce Housing and RV Park
Fenced Workforce Housing and RV Park

10213 W 57th St, Odessa, TX 79764

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1.43 AC lot

Brick construction property with 17 bed spaces/offices, full laundry, two kitchens, and seven RV spaces on a fully fenced site.

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43-Unit Apartment Building
43-Unit Apartment Building

1200 N Lee Ave, Odessa, TX 79761

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Multifamily property with 43 residential units in Odessa, Texas.

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Two-Community Multifamily Portfolio
Two-Community Multifamily Portfolio

222 North Dixie Blvd., Odessa, TX 79761

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Portfolio includes Dixie Square and Windgate with individually metered utilities and on-site HVAC.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Odessa, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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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Midland Multifamily Investment Opportunity
Midland Multifamily Investment Opportunity

5200 Briarwood Ave, Midland, TX 79707

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Multifamily property in Midland, Texas, ideal for investment.

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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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Off-Market Properties in Odessa, TX

Consider similar Off-Market properties in Odessa, 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.

9605 Hutson Rd
Multifamily properties

9605 Hutson Rd, Odessa, TX 79763

Value Estimation by Request
1.53 AC lot
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2413 Idlewood Ln
Multifamily properties

2413 Idlewood Ln, Odessa, TX 79761

Value Estimation by Request
47,264 sqft 2.47 AC lot
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2413 Idlewood Ln
Multifamily properties

2413 Idlewood Ln, Odessa, TX 79761

Value Estimation by Request
119,899 sqft 2.24 AC lot
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1449 John Ben Shepperd Pkwy
Multifamily properties

1449 John Ben Shepperd Pkwy, Odessa, TX 79761

Value Estimation by Request
14,700 sqft 0.65 AC lot
View details

Odessa, TX Apartment Buildings Market Trends and Statistics

Explore 11 apartment buildings for sale in Odessa, TX, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 27,598 square feet of properties for sale, with an estimated market value of $3,430,000.

Sale prices for two-family homes in Odessa, TX start at $1,150,000, averaging $1,715,000, and reaching up to $2,280,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 167K
Population Growth (5Y) +19.0%
Median Household Income $72,637
College Educated 14.8%

High-Yield Neighborhoods for Investment

Identify Odessa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
79761 $1.2M
79762 $2.3M

Taxes & Financing

Tax Rate (average for all types) 1.86%
Property Tax per SF $47.77 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ector County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Odessa fall within the 50,000 to 100,000 square foot range.

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