Turnkey Fourplex
For Sale
Contact for pricing
1503 E VIRGINIA AVE, Victoria, TX 77901
Four one-bedroom, one-bath units with covered rear parking and off-street spaces, offered as a turnkey income property.
Property Size3,530 SF
Price / SF$88.92
Days on Market52
Property Features for 1503 E VIRGINIA AVE
General Information
Standard status
Active
Size
3,530 SF
Class
C
Property subtype
Multifamily
Occupancy
75%
Investment Type
Value Add
Net Operating Income
$19,467
Additional Details
Multifamily Units
4
Amenities
covered parking
in-unit washer/dryer connections
updated kitchens
updated bathrooms
Building Details
Year Built
1952
Buildings
1
Stories
2
Units
4
Tenancy
Multi
Listing Agency:
Cornerstone Properties
Listed By:
Brian Ferguson · License #TX 577155
(361) 333-2002
Source:
Crexi
Added: Jul 20
Changed: Sep 6
Last Checked: Sep 8 at 7:23AM
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 Cornerstone Properties
Investment Insights
Based on property information with market context.
This turnkey fourplex includes four one-bedroom, one-bath units, currently generating rental income. Units feature spacious living areas and functional kitchens, with a mix of hardwood and durable flooring. Several units have updated kitchens and bathrooms, and in-unit washer and dryer connections are available.
The property also provides covered parking in the rear along with additional off-street parking for residents. It is located near shopping, dining, schools, and major thoroughfares, supporting everyday convenience for occupants.
Offered for sale, the building is configured as a self-contained multifamily income asset with existing tenancy and unit-level updates in place across multiple homes.
The property also provides covered parking in the rear along with additional off-street parking for residents. It is located near shopping, dining, schools, and major thoroughfares, supporting everyday convenience for occupants.
Offered for sale, the building is configured as a self-contained multifamily income asset with existing tenancy and unit-level updates in place across multiple homes.
Key Highlights
- Fourplex built in 1952 with four 1‑bedroom, 1‑bath units
- Covered rear parking plus additional off‑street parking for residents
- Several units feature updated kitchens and bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,349
Businesses Nearby
Explore this area
Business Placement
Demographics for 77901, TX
40,062
Population
17,438
Households
2.3
Avg Household Size
35
Median Age
15%
College-Educated
76%
High-School Grad
18.1 sq mi
ZIP Area
2,213
Density / Sq Mi
$57,728
Median Household Income
$33,127
Median Earnings
$1,105
Median Rent
$133,900
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 - Four one-bedroom, one-bath units with covered rear parking and off-street spaces, offered as a turnkey income property.
Where is this quadplex located?
The property is located at 1503 E VIRGINIA AVE Victoria, TX.
What is the asking price?
The asking price for this property is $313,900.
What are key features of this property?
This property features: Fourplex built in 1952 with four 1‑bedroom, 1‑bath units; Covered rear parking plus additional off‑street parking for residents; Several units feature updated kitchens and bathrooms
