Multifamily Property in Downtown
For Sale
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105 E 10th Street, Mercedes, TX 78570
16-unit multifamily property with on-site laundry in downtown Mercedes.
Property SizeContact for details
Lot Size1.00 Acre
Days on Market899
Property Features for 105 E 10th Street
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
Multifamily
Building Details
Year Built
1989
Buildings
4
Units
17
Listing Agency:
HCH Realty
(956) 353-2401
Listed By:
Cecilia Olivarez · License #686906
Source:
Crexi
Added: Mar 15, 2024
Changed: Aug 22
Last Checked: Aug 29 at 10:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HCH Realty
Investment Insights
Based on property information with market context.
This multifamily property features 16 units across five buildings, situated on approximately one acre in downtown Mercedes. Each apartment includes two bedrooms and one bathroom. On-site laundry facilities are available. The property offers ample parking. Roof shingles were replaced in 2019, and 15 apartments feature tile flooring. Appliances are replaced as needed. The property has a history of rental income. Washers and dryers are owned outright and will be conveyed with the sale, along with the gas water heater. The property is conveniently located near schools, a science academy, and the Mercedes Outlet Mall.
Key Highlights
- Income‑generating 16‑unit multifamily property.
- All units are 2 bedrooms and 1 bath.
- Onsite laundry facilities with included washers and dryers.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 78570, TX
32,950
Population
10,701
Households
3.1
Avg Household Size
30
Median Age
12%
College-Educated
61%
High-School Grad
75.2 sq mi
ZIP Area
438
Density / Sq Mi
$39,890
Median Household Income
$22,648
Median Earnings
$686
Median Rent
$83,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 16-unit multifamily property with on-site laundry in downtown Mercedes.
Where is this apartment building located?
The property is located at 105 E 10th Street Mercedes, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Income‑generating 16‑unit multifamily property.; All units are 2 bedrooms and 1 bath.; Onsite laundry facilities with included washers and dryers.
