Four-Unit Quadplex with
1308 N Carol Ave, Monahans, TX 79756
For Sale
$450,000
Residential Income, Monahans, TX
Property Size3,768 SF
Lot Size0.21 Acres
Price / SF$119.43
Days on Market98
Property Features for 1308 N Carol Ave
General Information
Property type
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Bedrooms
Bathrooms
Full bathrooms
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Appliances
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
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Water source
Amenities
washer/dryer connections
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
The Real Estate Ranch LLC
(432) 688-8200
Listed By:
Ferdinand Nico Real
(806) 341-6331
Added: Aug 7
Changed: Oct 26
Last Checked: Nov 12 at 7:06PM
MLS# 176754
Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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Located at 1308 N Carol Ave in Monahans, Texas, this 1982-built quadplex contains four separate residential units within 3,768 square feet. Each unit offers two bedrooms, 1.5 bathrooms, approximately 816 square feet, a living area, full kitchen, and washer/dryer connections. Individual garages accompany the units, providing dedicated parking and storage.
The property occupies 0.208 acres and uses brick veneer construction with composition roofing, carpet flooring, central electric heat, and central air conditioning. Each kitchen includes a free-standing electric range and refrigerator. Public water and public sewer serve the property.
The property occupies 0.208 acres and uses brick veneer construction with composition roofing, carpet flooring, central electric heat, and central air conditioning. Each kitchen includes a free-standing electric range and refrigerator. Public water and public sewer serve the property.
Key Highlights
- Four residential units, each with 2 bedrooms and 1.5 bathrooms
- Approximately 816 SF per unit; 3,768 SF total property size
- Individual garage assigned to each unit
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Brick-veneer multifamily property with individual kitchens and laundry connections.
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 $450,000.
What are key features of this property?
This property features: Four residential units, each with 2 bedrooms and 1.5 bathrooms; Approximately 816 SF per unit; 3,768 SF total property size; Individual garage assigned to each unit
