Remodeled Fourplex Investment
For Sale
Contact for pricing
2110 De Leon Avenue, Donna, TX 78537
Well-maintained fourplex with long-term tenants and immediate cash flow.
Property Size3,000 SF
Price / SF$103.33
Days on Market71
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
Changed: Jul 10
Last Checked: Jul 29 at 3:38PM
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.
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
