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Newer 4-Plex Residential Income
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Pending

1507 S Betty Ave, Monahans, TX 79756

Built in 2021, this fully occupied 4-plex features central heat and AC with in-unit washer/dryer connections.

Property SizeContact for details
Days on Market149

Property Features for 1507 S Betty Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: The Prichard Group
Listed By: Heather Prichard · License #0486680
Source: Crexi
Added: Apr 12 Changed: Aug 16 Last Checked: Sep 7 at 1:41AM

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 Prichard Group

Investment Insights

Based on property information with market context.

This 4-plex was built in 2021 and offers a mix of two 2-bedroom units and two 1-bedroom units. Each unit includes 1 1/2 bathrooms and has washer/dryer connection hookups. All units are separately metered for electricity. The building is all-electric with central heat and AC, and the property is being sold as fully occupied and rented.

The property is located at 1507 S Betty Ave in Monahans, Texas 79756. Financial information is available upon request.

With its newer construction, separate electric metering, and central heating and cooling, the property provides a straightforward residential income configuration with four independently metered units.

Key Highlights

  • 4‑plex built in 2021 with all units occupied and rented
  • Unit mix: two 2‑bedroom units and two 1‑bedroom units
  • Each unit has 1.5 baths and washer/dryer connections

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Plumbing Service Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby

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

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

What type of property is this?
Quadplex - Built in 2021, this fully occupied 4-plex features central heat and AC with in-unit washer/dryer connections.
Where is this quadplex located?
The property is located at 1507 S Betty Ave Monahans, TX.
What are key features of this property?
This property features: 4‑plex built in 2021 with all units occupied and rented; Unit mix: two 2‑bedroom units and two 1‑bedroom units; Each unit has 1.5 baths and washer/dryer connections
(432) 978-6973 Call to check price and availability
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