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Three-Unit Apartment Property
For Sale
$199,900

1404 Highway 84 N, Coleman, TX 76834

Commercial Sale, Coleman, TX

Property Size4,218 SF
Lot Size0.87 Acres
Price / SF$47.39
Days on Market192

Property Features for 1404 Highway 84 N

General Information

Property type Commercial Sale
Property subtype Other
Subdivision See legal description below.
Standard status Active
Size 4,218 SF
Lot size 0.87 Acres

Taxes and HOA fees

Tax Description A0016 M Benetes Sur 670, Acres 0.87
Tax Annual Amount 3420
Legal Description A0016 M Benetes Sur 670, Acres 0.87
Listing Agency: SuJo McKee Real Estate
Listed By: SuJo McKee
Added: Feb 18 Changed: Aug 20 Last Checked: Aug 29 at 6:06PM
MLS# 50090957

Copyright © 2026 Permian Basin 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.

Investment Insights

Based on property information with market context.

This 4,218-square-foot property contains three apartment-style units within a former restaurant building. The brick structure sits on a slab foundation and has a composition roof, laminate and tile flooring, high ceilings, ceiling fans, and gas fixtures. The original kitchen area remains, while no laundry facilities are provided onsite. Cooling is handled through multi-split or window units; the central HVAC system is not operational.

Positioned off Highway 84 in Coleman, the property is near a motel and apartment properties. The 0.87-acre site offers an existing configuration that combines residential-style accommodations with former restaurant improvements. Buyers should independently confirm zoning, permitted uses, and code compliance.

Key Highlights

  • Three apartment‑style units in a former restaurant building
  • 4,218 square feet on a 0.87‑acre site
  • Located off Highway 84 in Coleman, TX

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Auto Repair Shop Kitchen & Bath Showroom Building Supply

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 76834, TX

4,991
Population
3,041
Households
1.6
Avg Household Size
51
Median Age
15%
College-Educated
87%
High-School Grad
440.2 sq mi
ZIP Area
11
Density / Sq Mi
$51,766
Median Household Income
$36,074
Median Earnings
$746
Median Rent
$87,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Former restaurant improvements now contain three apartment-style units with original kitchen space retained.
Where is this triplex located?
The property is located at 1404 Highway 84 N Coleman, TX.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three apartment‑style units in a former restaurant building; 4,218 square feet on a 0.87‑acre site; Located off Highway 84 in Coleman, TX
More about this property
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