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15-Unit Apartment Building
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1121 N 4th St, McAllen, TX 78501

Each residence offers a two-bedroom, two-bathroom configuration within a multifamily property.

Property Size14,280 SF
Price / SF$84.03
Days on Market152

Property Features for 1121 N 4th St

General Information

Standard status Active
Size 14,280 SF
Class B
Property subtype Multifamily
Occupancy 80%
Investment Type Value Add
Net Operating Income $80,000

Units

Unit Mix 15 x 2BR/2BA
Multifamily Units 15

Building Details

Year Built 2006
Year Renovated 2025
Buildings 5
Stories 1
Units 15
Listing Agency: eXp Commercial
Listed By: Cesar Cepeda · License #9010212
Source: Crexi
Added: Apr 2 Changed: Aug 30 Last Checked: Aug 30 at 8:56PM

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 eXp Commercial

Investment Insights

Based on property information with market context.

This multifamily property contains 15 residential units totaling 14,280 square feet. Every unit is configured with two bedrooms and two bathrooms, creating a consistent layout across the building.

Current occupancy is approximately 80%, providing a clear view of the property’s operating position. The combination of unit count, uniform floor plans, and existing occupancy supports evaluation as an apartment asset with room to improve stabilization.

Key Highlights

  • 15‑unit multifamily property
  • 14,280 square feet of total property size
  • All units feature 2 bedrooms and 2 bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Tanning Salon

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

15
Residential units
80%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,470
Businesses Nearby

Demographics for 78501, TX

60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
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?
Apartment building - Each residence offers a two-bedroom, two-bathroom configuration within a multifamily property.
Where is this apartment building located?
The property is located at 1121 N 4th St McAllen, 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: 15‑unit multifamily property; 14,280 square feet of total property size; All units feature 2 bedrooms and 2 bathrooms
More about this property
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