Incomplete Four-Unit Multifamily
For Sale
$205,000
Pending
1216 Alisa Ln, Arlington, TX 76014
Incomplete four-unit multifamily property, ready for development and investment.
Property Size1,988 SF
Lot Size0.05 Acres
Days on Market275
Property Features for 1216 Alisa Ln
General Information
Standard status
Pending
Size
1,988 SF
Lot size
0.05 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$5,448
Building Details
Building Size
1,988 SF
Year Built
2022
Stories
2
Listing Agency:
Berkshire Hathaway HomeServices Premier Properties
(281) 642-5612
Listed By:
Joyce Tolliver · License #0553813
(281) 642-5612
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 26
Last Checked: Aug 29 at 11:33AM
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 Berkshire Hathaway HomeServices Premier Properties
Investment Insights
Based on property information with market context.
This is a rare investment opportunity featuring an incomplete 4-unit multifamily structure located at 1214 -1220 Alisa Lane. Each unit has a separate tax ID number. The property is currently incomplete, offering a blank slate for value-added investors or developers to finish the build to suit rental, resale, or portfolio strategies. Each unit is framed and ready for completion, presenting a flexible layout ideal for multifamily income generation. With infrastructure in place and significant progress already made, this is an excellent opportunity to capitalize on the growing demand for housing in the area. This property is primed for returns, whether you're looking to finish and flip, hold for rental income, or complete as a condo conversion project. The property is sold as-is.
Key Highlights
- Rare 4‑unit multifamily structure with separate tax IDs for each unit.
- Incomplete structure offers a blank slate for customization and value‑add potential.
- Framing is complete, providing a head start on construction.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
Demographics for 76014, TX
35,954
Population
11,274
Households
3.2
Avg Household Size
32
Median Age
18%
College-Educated
76%
High-School Grad
5.7 sq mi
ZIP Area
6,308
Density / Sq Mi
$63,196
Median Household Income
$34,129
Median Earnings
$1,516
Median Rent
$217,600
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?
Quadplex - Incomplete four-unit multifamily property, ready for development and investment.
Where is this quadplex located?
The property is located at 1216 Alisa Ln Arlington, TX.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Rare 4‑unit multifamily structure with separate tax IDs for each unit.; Incomplete structure offers a blank slate for customization and value‑add potential.; Framing is complete, providing a head start on construction.
