Edinburg Multifamily Investment Opportunity

820 N 6th Avenue, Edinburg, TX 78541

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For Sale

$260,000

MULTI_FAMILY - Edinburg, TX

Property size:

1,976 SF

Lot size:

0.17 Acres

Price / SF:

$131/SF

HighLights

Prime location near the University of Texas Rio Grande Valley, ensuring consistent rental demand.
Turnkey investment property, recently renovated with a new staircase and well‑maintained.
Currently generating rental income of $1500 per month from two tenants.
Includes essential appliances: Electric Water Heater, Smooth Electric Cooktop, and Refrigerator.
Features central heating and central air conditioning.
Includes a patio and chain link fencing.

We can help!

Contact an agent

Michael Guerra

For Sale

$260,000

MULTI_FAMILY - Edinburg, TX

Property size:

1,976 SF

Lot size:

0.17 Acres

Price / SF:

$131/SF

Added:: Jan 3, 2026
Days on Market:: 182
Last Refresh:: Jul 4 at 9:06 am

Property Features for 820 N 6th Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking: 2
Patio and Porch features: Patio
Fencing: Chain Link
Appliances: Electric Water Heater, Smooth Electric Cooktop, Refrigerator
Standard status: Active
APN: K510000000001800
Size: 1,976 SF
Lot size: 0.17 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 3146

Utilities

Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1994
Floors in Building: 2
Number of units: 2
Building materials: Stucco
Roof type: Shingle

We can help!

Contact an agent

Michael Guerra

Listing agent Michael Guerra

Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX

Listing date Jan 3, 2026

MLS# 460447 Listing URL

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.

HighLights

Prime location near the University of Texas Rio Grande Valley, ensuring consistent rental demand.
Turnkey investment property, recently renovated with a new staircase and well‑maintained.
Currently generating rental income of $1500 per month from two tenants.
Includes essential appliances: Electric Water Heater, Smooth Electric Cooktop, and Refrigerator.
Features central heating and central air conditioning.
Includes a patio and chain link fencing.

Overview

Located at 820 N 6th Ave in Edinburg, Texas, this multifamily property presents an investment opportunity. The property is situated near the University of Texas Rio Grande Valley, which may contribute to consistent rental demand. The property is currently rented to two tenants, each paying $750 per month. The property has been recently renovated with a new staircase and is described as well-maintained, potentially offering a turnkey investment. The lot size is 0.1722 acres and the property size is 1976 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$27.3k	$13.80
− Vacancy	−$750	−$0.38
EGI	$26.5k	$13.42
− OpEx	−$8.0k	−$4.03
NOI	$18.6k	$9.39

1,976 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$265.2K

$232.0K – $309.4K (±1% cap)

NOI $18,563 @ 7.0% cap · market cap 7.14%

Second Best

Apartment 5plus

$237.0K

$207.4K – $276.5K (±1% cap)

NOI $16,589 @ 7.0% cap · market cap 6.38%

Theoretical Best

Office A

$512.7K

$448.6K – $598.2K (±1% cap)

NOI $35,890 @ 7.0% cap · market cap 13.80%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Edinburg
County: Hidalgo
State: Texas
Longitude: -98.165755
Latitude: 26.309763

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For sale
Duplexes
TX
Edinburg
78541
820 N 6th Avenue

What type of property is this?

Duplex - Multifamily property near UTRGV, offering steady rental income.

Where is this duplex located?

The property is located at 820 N 6th Avenue Edinburg, TX.

What is the asking price?

The asking price for this property is $260,000.

What are key features of this property?

This property features: Prime location near the University of Texas Rio Grande Valley, ensuring consistent rental demand.; Turnkey investment property, recently renovated with a **new staircase** and well‑maintained.; Currently generating rental income of $1500 per month from two tenants.

820 N 6th Avenue, Edinburg, TX 78541

MULTI_FAMILY - Edinburg, TX

Property Features for 820 N 6th Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

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Edinburg Commercial Property with Warehouse

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Prime Commercial Property, Edinburg, TX

Edinburg Fourplex Investment Opportunity

Brick 4-Plex in Gated Community

Gated Self-Storage Facility

Single-Story Flex Building with Office

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