Two-Unit Income
402 S 34TH ST Edinburg, TX 78542
402 S 34TH ST, Edinburg, TX, 78542
$329,900
For Sale
$329,900
MULTI_FAMILY - Other - Edinburg, TX
Property Size3,112 SF
Price / SF$106.01
Days on Market293
Property Features for 402 S 34TH ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 5, Bedroom 3, Bathroom 6, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Parking features
- Carport
- Interior features
- Walk-In Closet(s)
- Fencing
- Fenced
- Standard status
- Active
- APN
- V3000-00-002-0013-00
- Size
- 3,112 SF
Utilities
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 2013
- Floors in Building
- 2
- Flooring type
- Tile
- Building materials
- Cement Siding
- Architectural style
- Other
Listing Agency
THE DREAM HOME CREW
(833) 732-6466
PMB 1077 1235 EAST BLVD, CHARLOTTE, TX
Listed by
Tijuana Smith · License #281136
(833) 732-6466
Added: Sep 29, 2025 Checked: Jul 18 at 3:06 am
MLS# 11582370
Listing URL
Copyright © 2026 My State MLS. 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.
This duplex offers two separate living spaces, with two kitchens total, creating an owner-occupant or two-tenant setup. The configuration provides independent residential areas within the same property.
Located at 402 S 34TH ST in Edinburg, Texas (Hidalgo County). The seller notes convenient proximity to schools, shopping, and everyday essentials.
Offered for sale as a residential income property with a two-unit layout and room for flexible occupancy arrangements.
Located at 402 S 34TH ST in Edinburg, Texas (Hidalgo County). The seller notes convenient proximity to schools, shopping, and everyday essentials.
Offered for sale as a residential income property with a two-unit layout and room for flexible occupancy arrangements.
Key Highlights
- Two separate living spaces with two kitchens for flexible living arrangements
- 6 bedrooms and 6 bathrooms
- Built in 2013
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.9k | $13.80 |
| − Vacancy | −$1.2k | −$0.38 |
| EGI | $41.8k | $13.42 |
| − OpEx | −$12.5k | −$4.03 |
| NOI | $29.2k | $9.39 |
3,112 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$417.6K
$365.4K – $487.3K
NOI $29,235 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$373.2K
$326.6K – $435.4K
NOI $26,126 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$807.5K
$706.6K – $942.1K
NOI $56,524 @ 7.0% cap · market cap 17.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate living spaces each include a kitchen, offering a duplex configuration on one property.
Where is this duplex located?
The property is located at 402 S 34TH ST Edinburg, TX.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Two separate living spaces with two kitchens for flexible living arrangements; 6 bedrooms and 6 bathrooms; Built in 2013
