Remodeled Fourplex Investment
2110 De Leon Avenue Donna, TX 78537
2110 De Leon Avenue, Donna, TX, 78537
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For Sale
Contact for pricing
Well-maintained fourplex with long-term tenants and immediate cash flow.
Property Size3,000 SF
Price / SF$103.33
Days on Market58
Property Features for 2110 De Leon Avenue
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1997
Listing Agency
Keller Williams Realty RGV
Listed by
Maggie Harris · License #TREC # 0530155
Source
Crexi
Added: May 21 Checked: Jul 17 at 4:20 am
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 Keller Williams Realty RGV
Investment Insights
Based on property information with market context.
This is a well-maintained fourplex investment opportunity that has been recently remodeled. The property features four units, each with two bedrooms and an open-concept layout. The units are occupied by stable, long-term tenants under 12-month leases. The property is conveniently located within walking distance of city parks and is just minutes from schools, shopping, restaurants, and major highway access. This property offers investors a turnkey, income-producing asset with strong rental appeal, immediate cash flow potential, and long-term upside. The property size is 3000 square feet.
Key Highlights
- Turnkey 4‑plex investment property with immediate cash flow potential.
- All units are 2‑bedroom with open‑concept layouts.
- Stable, long‑term tenants in place under 12‑month leases.
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 | $42.1k | $14.04 |
| − Vacancy | −$4.6k | −$1.55 |
| EGI | $37.5k | $12.49 |
| − OpEx | −$11.2k | −$3.75 |
| NOI | $26.2k | $8.74 |
3,000 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$374.8K
$327.9K – $437.3K
NOI $26,235 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$345.1K
$301.9K – $402.6K
NOI $24,154 @ 7.0% cap · market cap 7.79%
Theoretical Best
Hotel Hospitality
$2.26M
$1.98M – $2.64M
NOI $158,175 @ 7.0% cap · market cap 51.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with long-term tenants and immediate cash flow.
Where is this quadplex located?
The property is located at 2110 De Leon Avenue Donna, TX.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Turnkey 4‑plex investment property with immediate cash flow potential.; All units are 2‑bedroom with open‑concept layouts.; Stable, long‑term tenants in place under 12‑month leases.
