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    3203 Whittle Way Midland, TX 79707

    For Sale
    $580,000

    High-Yield Multi-Family Portfolio in Midland, TX

    Property size:
    4,954 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a portfolio of two income-producing homes located at 3203 Whittle Way, Midland, TX. The properties, totaling 4,954 square feet and situated on a 0.17-acre lot, are currently 100% occupied, generating a consistent monthly rental income of $3,435. This offering is part of a larger 35-home portfolio, but these two properties are being sold as a distinct package. The properties are classified as General Commercial and are being offered at $580000. This represents a strong return on investment due to the current high occupancy rate and stable rental income stream. The properties are ideally located in Midland, TX, a thriving market with consistent demand for rental properties. This is an excellent opportunity for investors seeking a proven, cash-flowing asset in a desirable location. The properties are well-maintained and currently leased, minimizing vacancy risk and maximizing immediate return. Financial details and lease agreements are available upon request. This is a turnkey investment, ready for immediate income generation. Serious inquiries only. Don't miss this chance to acquire a profitable piece of Midland's real estate market.

    Property Features for 3203 Whittle Way

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,954 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.1511
    Latitude
    32.01207

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    FAQs

    What type of property is this?
    Commercial real estate - High-Yield Multi-Family Portfolio in Midland, TX
    Where is this commercial real estate located?
    The property is located at 3203 Whittle Way Midland, TX.
    What is the asking price?
    The asking price for this property is $580,000.
    (432) 683-1000
    Request Owner's contact information
    3203 Whittle Way Midland, TX 79707
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    Midland, TX 79707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3203 Whittle Way Midland, TX 79707
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