Four-Unit Brick
For Sale
Contact for pricing
1308 N CAROL AVE, Monahans, TX 79756
Two-story brick building with four identical two-bedroom units and central electric HVAC.
Property Size3,768 SF
Lot Size0.21 Acres
Price / SF$132.43
Days on Market17
Property Features for 1308 N CAROL AVE
General Information
Standard status
Active
Size
3,768 SF
Class
B
Lot size
0.21 Acres
Property subtype
Multifamily
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 2BD/1.5BA
Multifamily Units
4
Additional Details
Asking Price
$499,000
Building Details
Year Built
1982
Buildings
1
Stories
2
Units
4
Tenancy
Multi
Construction
brick veneer
Listing Agency:
The Real Estate Ranch
Listed By:
Thomas Johnston · License #TX 542176
(512) 970-1610
Source:
Crexi
Added: Aug 17
Changed: Aug 31
Last Checked: Aug 31 at 3:48AM
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 The Real Estate Ranch
Investment Insights
Based on property information with market context.
Located at 1308 N Carol Avenue in Monahans, this quadplex contains four matching residential units within a two-story brick veneer building. Each unit measures approximately 942 square feet and includes two bedrooms, one and a half baths, a full kitchen with an electric range and refrigerator, separate living and dining areas, plus washer and dryer connections. The property totals 3,768 square feet on a 0.21-acre lot and was built in 1982 on a slab foundation with a composition roof.
Central electric heat and central refrigerated air serve the units. Public water and public sewer are in place, with an open paved parking area along the paved street frontage. Smoke detectors are installed, and the property is subject to existing tenant rights. The site is within the Monahans-Wickett-Pyote ISD and has no HOA.
Central electric heat and central refrigerated air serve the units. Public water and public sewer are in place, with an open paved parking area along the paved street frontage. Smoke detectors are installed, and the property is subject to existing tenant rights. The site is within the Monahans-Wickett-Pyote ISD and has no HOA.
Key Highlights
- Four‑unit quadplex with identical 2BD/1.5BA floor plans
- Each unit is approximately 942 square feet
- 3,768‑square‑foot building on a 0.21‑acre lot
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 79756, TX
10,318
Population
4,318
Households
2.4
Avg Household Size
35
Median Age
10%
College-Educated
80%
High-School Grad
158.5 sq mi
ZIP Area
65
Density / Sq Mi
$70,924
Median Household Income
$46,511
Median Earnings
$960
Median Rent
$153,200
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 - Two-story brick building with four identical two-bedroom units and central electric HVAC.
Where is this quadplex located?
The property is located at 1308 N CAROL AVE Monahans, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Four‑unit quadplex with identical 2BD/1.5BA floor plans; Each unit is approximately 942 square feet; 3,768‑square‑foot building on a 0.21‑acre lot
