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Fully Leased Fourplex in Gated Community
For Sale
Contact for pricing
Pending

1615 Nassau Street, Edinburg, TX 78541

Fully occupied fourplex offers tiled interiors, kitchen appliances, and covered rear parking spaces within a gated community.

Property SizeContact for details
Days on Market149

Property Features for 1615 Nassau Street

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Texas Landmark Realty LLC
Listed By: Irene Uribe Manrique de Lara · License #801067752
Source: Crexi
Added: Apr 12 Changed: Sep 5 Last Checked: Sep 5 at 11:09PM

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 Texas Landmark Realty LLC

Investment Insights

Based on property information with market context.

This fully leased fourplex is located within a gated community and includes a shared common area with pool privileges through the HOA, subject to an additional small fee. Each unit features tile floors, decorative/high ceilings with fans, and a kitchen with all appliances. Two rear covered parking spaces are provided for each unit, and all units are currently occupied year-round. Tenants pay their own utilities.

The property is described as being off McColl and Chapin, near UTRGV.

Offers are requested with a $0 option period so the seller can then open all units as mandatory after the option period, to avoid multiple showings to current tenants. Proof of funds or a lender’s letter is required with the offer.

Key Highlights

  • Fully leased fourplex in a gated community off McColl and Chapin
  • Tenants stay leased year‑round; all units are tiled and fully occupied
  • Units feature tile floors and decorative/high ceilings with fans

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Law Firm Hair Salon Electrical Service

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 78541, TX

48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied fourplex offers tiled interiors, kitchen appliances, and covered rear parking spaces within a gated community.
Where is this quadplex located?
The property is located at 1615 Nassau Street Edinburg, TX.
What are key features of this property?
This property features: Fully leased fourplex in a gated community off McColl and Chapin; Tenants stay leased year‑round; all units are tiled and fully occupied; Units feature tile floors and decorative/high ceilings with fans
(956) 492-5638 Call to check price and availability
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