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14-Unit Apartment Complex
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1705 Morgan Blvd, Harlingen, TX 78550

Two buildings combine traditional apartments with studio units and established residential improvements.

Property SizeContact for details
Days on Market145

Property Features for 1705 Morgan Blvd

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Simple Capital
Listed By: Genevieve Gorgos · License #1
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 11:43PM

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 Simple Capital

Investment Insights

Based on property information with market context.

This 14-unit apartment complex comprises two buildings totaling 6,784 square feet, with 18 beds and 14 baths. The property includes four two-bedroom, one-bath apartments, four one-bedroom, one-bath apartments, and six studio units. The buildings were constructed in 1940 and 1942 and occupy 0.45 acres in total.

Located at 1705 and 1701 Morgan Blvd. in Harlingen, the larger building contains 4,480 square feet on 0.24 acres, while the second building contains 2,304 square feet on 0.21 acres. Both properties use window units. The roof at 1705 Morgan Blvd. was replaced within 5 years; the roof at 1701 Morgan Blvd. is 30 years old. Siding work is needed at the larger building.

Key Highlights

  • 14‑unit apartment complex with 6,784 sqft, 18 beds, and 14 baths
  • Unit mix includes 4 two‑bedroom apartments, 4 one‑bedroom apartments, and 6 studios
  • 1705 Morgan Blvd.: 4,480 sqft on 0.24 acres, built in 1940

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Electrical Service Dental Office 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

293
Businesses Nearby

Demographics for 78550, TX

56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
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?
Apartment building - Two buildings combine traditional apartments with studio units and established residential improvements.
Where is this apartment building located?
The property is located at 1705 Morgan Blvd Harlingen, TX.
What are key features of this property?
This property features: 14‑unit apartment complex with 6,784 sqft, 18 beds, and 14 baths; Unit mix includes 4 two‑bedroom apartments, 4 one‑bedroom apartments, and 6 studios; 1705 Morgan Blvd.: 4,480 sqft on 0.24 acres, built in 1940
More about this property
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