Four-Unit Quadplex with Tile
For Sale
$512,000
315 Baltic Avenue, Edinburg, TX 78539
Residential Income, Edinburg, TX
Property Size5,120 SF
Lot Size0.31 Acres
Price / SF$100
Days on Market297
Property Features for 315 Baltic Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
None
Appliances
Electric Water Heater
Subdivision
Jackson Park #3
Lot features
Mature Trees
Elementary school
De La Vina
Middle school
South Middle School
High school
Edinburg North H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
Going West on University Dr., turn right onto Remington Ave. Less than a mile to turn right onto S. Baltic Ave.
Standard status
Active
APN
J225503000002000
Size
5,120 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12251
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2014
Floors in Building
1
Number of units
4
Building materials
Brick, Stucco
Roof type
Composition
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Added: Dec 21, 2025
Changed: Oct 8
Last Checked: Oct 14 at 4:06PM
MLS# 489001
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2014, this quadplex contains four residential units totaling 5,120 square feet. Each unit is configured with two bedrooms and two bathrooms, with tile flooring throughout. The improvements use brick and stucco construction and include central heating, central air conditioning, an electric water heater, public water service, and a composition roof.
The property occupies 0.31 acres in Edinburg near UTRGV, shopping, restaurants, and everyday conveniences. Its four-unit configuration provides a consistent layout across the building, while the location places residential income property close to education, retail, dining, and daily services.
The property occupies 0.31 acres in Edinburg near UTRGV, shopping, restaurants, and everyday conveniences. Its four-unit configuration provides a consistent layout across the building, while the location places residential income property close to education, retail, dining, and daily services.
Key Highlights
- Four‑unit quadplex with 5,120 square feet of living space
- Each unit includes 2 bedrooms and 2 bathrooms
- Built in 2014 on 0.31 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,984
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,680
$859.7K
Cap Rate 7%
$614,057
$614.1K
Cap Rate 9%
$477,600
$477.6K
Market Conditions
NOI Build-Up for 5,120 SF
Gross rent
$80.5K $15.72/SF
− Vacancy
−$2.3K −$0.46/SF
EGI
$78.2K $15.26/SF
− OpEx
−$35.2K −$6.87/SF
NOI
$43.0K $8.40/SF
Area
Edinburg, TX
Vacancy
2.90%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,680
Cap Rate 7%
$614,057
Cap Rate 9%
$477,600
Alternative Uses
Best Use
Multifamily LT 5
$687.1K
$601.2K – $801.7K
NOI $48,099 @ 7.0% cap · market cap 9.39%
Second Best
Apartment 5plus
$614.1K
$537.3K – $716.4K
NOI $42,984 @ 7.0% cap · market cap 8.40%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,996 @ 7.0% cap · market cap 18.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer consistent two-bedroom layouts with central heating and cooling in a 2014-built property.
Where is this quadplex located?
The property is located at 315 Baltic Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $512,000.
What are key features of this property?
This property features: Four‑unit quadplex with 5,120 square feet of living space; Each unit includes 2 bedrooms and 2 bathrooms; Built in 2014 on 0.31 acres
