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    Corner Lot Multifamily Income Property Title is generated by Realmo AI

    2000 W JEFFERSON ST., Brownsville, TX 78520

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    Claim this Listing
    Pending
    $265,900

    MULTI_FAMILY - BROWNSVILLE, TX

    Property size:
    2,784 SF
    Lot size:
    0.27 Acres
    Added:
    Feb 9, 2026
    Days on Market:
    119
    Last Refresh:
    Jun 8 at 4:06 pm

    Property Features for 2000 W JEFFERSON ST.

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Carport
    Patio and Porch features
    Patio
    Interior features
    Ceiling Fan(s), Fireplace, Walk-in Closet(s)
    Exterior features
    Patio, Storage
    Fencing
    Chain Link
    Fireplace
    1
    Appliances
    Dryer, Range, Refrigerator, Washer
    Standard status
    Pending
    Size
    2,784 SF
    Lot size
    0.27 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Window Unit(s), Central Air, Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1948
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Tile
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Melissa J. Martinez
    Melissa J. Martinez

    Listing agent Melissa J. Martinez

    Listing office KELLER WILLIAMS LRGV 1313 E Washington Ave, Harlingen, TX

    Listing date Feb 9, 2026

    MLS# 29771971 Listing URL

    Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑producing property on a large corner lot with a main home plus two detached 1 bed/1 bath apartments
    • Main home features 3 bedrooms, 2.5 bathrooms, and a 2‑car garage
    • Recently remodeled kitchen in the main home with conveying stove and refrigerator
    • Roof is only 2 years old (as stated in remarks)
    • Each detached 1 bed/1 bath apartment has its own separate meter
    • Utilities: public water and public sewer; includes central electric heating and multiple cooling options

    Overview

    This for-sale residential income property is configured as a main home with two detached one-bedroom, one-bath apartments. The main home offers three bedrooms and 2.5 bathrooms and includes a two-car garage. The kitchen has been recently remodeled and will convey with a stove and refrigerator. An indoor laundry area is included, and the roof is reported to be only two years old.

    The two detached apartments each have their own separate meter from the main home, supporting independent utility billing. The property sits on a large corner lot, offering a distinct setting for both owner-occupants and rental operators.

    From an occupancy standpoint, the layout provides options to live in the main home while generating rental income from the two detached units, or to purchase as an investor seeking a three-unit residential setup. With multiple separate living spaces and separate metering, the property is designed to accommodate different tenant scenarios within one combined offering.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $35.1k $12.60
    − Vacancy −$2.3k −$0.81
    EGI $32.8k $11.79
    − OpEx −$9.8k −$3.54
    NOI $23.0k $8.25
    2,784 SF · lease $12.60/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $328.1K
    $287.1K – $382.8K (±1% cap)
    NOI $22,969 @ 7.0% cap · market cap 8.64%
    Second Best
    Apartment 5plus
    $300.9K
    $263.3K – $351.1K (±1% cap)
    NOI $21,064 @ 7.0% cap · market cap 7.92%
    Theoretical Best
    Healthcare Medical
    $479.4K
    $419.4K – $559.3K (±1% cap)
    NOI $33,555 @ 7.0% cap · market cap 12.62%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brownsville
    County
    Cameron
    State
    Texas
    Longitude
    -97.5195228
    Latitude
    25.9255361

    FAQs

    What type of property is this?
    Triplex - Three-unit residential income property features a main home plus two detached one-bedroom apartments on a corner lot.
    Where is this triplex located?
    The property is located at 2000 W JEFFERSON ST. Brownsville, TX.
    What is the asking price?
    The asking price for this property is $265,900.
    What are key features of this property?
    This property features: Income‑producing property on a large corner lot with a main home plus two detached 1 bed/1 bath apartments; Main home features 3 bedrooms, 2.5 bathrooms, and a 2‑car garage; Recently remodeled kitchen in the main home with conveying stove and refrigerator
    More about this property
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