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Four-Unit Residential Income Property
For Sale
$250,000

602 E 4th Street, Alice, TX 78332

MULTI_FAMILY - Alice, TX

Property Size3,166 SF
Lot Size0.23 Acres
Price / SF$78.96
Days on Market167

Property Features for 602 E 4th Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1
Parking features Assigned
Subdivision Alice Townsite Add
Lot features Corner Lot
Elementary school Alice
Middle school William Adams
High school Alice
Elementary school district Alice ISD
Middle school district Alice ISD
High school district Alice ISD
Directions From Almond Street take a left on 4th St and the property is on the right corner.
Standard status Active
APN 011721
Size 3,166 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description ALICE TOWNSITE LT 6 BLK 38 0000.000
Tax Annual Amount 3024
Legal Description ALICE TOWNSITE LT 6 BLK 38 0000.000

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1982
Floors in Building 2
Number of units 1
Flooring type Hardwood, Linoleum
Roof type Metal
Listing Agency: Dynamite Real Estate
Listed By: Melinda Garcia · License #0583035
Added: Feb 27 Changed: Jul 29 Last Checked: Aug 13 at 7:06AM
MLS# 472656

Copyright © 2026 South Texas Multiple Listing Service, LLC. 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 four-unit residential income property consists of two separate buildings with metal roofs. All units are described as operational and currently occupied. The front building is a two-story structure with both indoor and outdoor stairways, and the upper floor is noted as bright. The back building is a one-story layout with a front porch shared by tenants.

The property is located in Alice, Texas, and the remarks indicate convenience to local schools and nearby shopping and restaurants in downtown Alice.

Overall, the configuration provides a mix of two-story and one-story units within a compact two-building setup, suitable for investors seeking a small multifamily asset with existing operations.

Key Highlights

  • 4‑unit property with metal roof buildings and all units operational
  • Two buildings: front is a 2‑story layout with indoor and outdoor stairways; back is a 1‑story unit with a front porch
  • Public water and public sewer service available

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Cafe & Coffee Shop Skin Care Clinic Furniture & Home Goods Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

905
Businesses Nearby

Demographics for 78332, TX

27,152
Population
10,747
Households
2.5
Avg Household Size
38
Median Age
12%
College-Educated
78%
High-School Grad
488.5 sq mi
ZIP Area
56
Density / Sq Mi
$47,199
Median Household Income
$31,753
Median Earnings
$897
Median Rent
$97,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four income units across two metal-roof buildings in Alice, TX, with operational units including two-story and one-story structures.
Where is this quadplex located?
The property is located at 602 E 4th Street Alice, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 4‑unit property with metal roof buildings and all units operational; Two buildings: front is a 2‑story layout with indoor and outdoor stairways; back is a 1‑story unit with a front porch; Public water and public sewer service available
More about this property
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