5-Home Apartment
For Sale
Contact for pricing
Pending
1309 Main Ave, Laredo, TX 78040
Five homes on one lot generating $44,400 in annual rental income, with a total of 5,901 sqft gross building area.
Property Size5,901 SF
Days on Market129
Property Features for 1309 Main Ave
General Information
Standard status
Pending
Size
5,901 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
5
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Ana Ochoa & Company
(956) 235-7542
Listed By:
Cindy E Cantu · License #TX
Source:
Crexi
Added: Apr 24
Changed: Aug 17
Last Checked: Aug 29 at 2:38AM
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 Coldwell Banker Ana Ochoa & Company
Investment Insights
Based on property information with market context.
This for-sale multifamily complex consists of five homes configured across four registered improvements (with one improvement divided into two dwellings). The gross building area totals 5,901 sqft and the property is reported to generate $3,700 in monthly rental income, or $44,400 annually. Unit mix includes four two-bedroom, one-bath homes and one one-bedroom, one-bath home: Home 1 (2 bed/1 bath) 1,621 sqft; Home 2 (2 bed/1 bath) 1,230 sqft; Home 3 (2 bed/1 bath) 816 sqft; Home 4 (2 bed/1 bath) 810 sqft; and Home 5 (1 bed/1 bath) 351 sqft.
The property is located at 1309 Main Ave in Laredo, Texas (78040).
The property is located at 1309 Main Ave in Laredo, Texas (78040).
Key Highlights
- Five homes on one lot with a combined 5,901 sqft gross building area
- $3,700 monthly rental income, totaling $44,400 annually
- Home mix includes four 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,783
Businesses Nearby
Explore this area
Business Placement
Demographics for 78040, TX
36,688
Population
13,567
Households
2.7
Avg Household Size
33
Median Age
9%
College-Educated
52%
High-School Grad
6.3 sq mi
ZIP Area
5,823
Density / Sq Mi
$35,742
Median Household Income
$24,729
Median Earnings
$881
Median Rent
$116,500
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 - Five homes on one lot generating $44,400 in annual rental income, with a total of 5,901 sqft gross building area.
Where is this apartment building located?
The property is located at 1309 Main Ave Laredo, TX.
What are key features of this property?
This property features: Five homes on one lot with a combined 5,901 sqft gross building area; $3,700 monthly rental income, totaling $44,400 annually; Home mix includes four 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
