Gated 4-Plex Residential
2216 N Dahlia Street Pharr, TX 78577
For Sale
$365,000
MULTI_FAMILY - Pharr, TX
Property Size3,744 SF
Lot Size0.22 Acres
Price / SF$97.49
Days on Market45
Property Features for 2216 N Dahlia Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Parking
- 8
- Parking features
- None
- Patio and Porch features
- Patio
- Exterior features
- Sprinkler System
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Water Heater (Programmable thermostat), Electric Cooktop, Dryer, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- V012500000001400
- Size
- 3,744 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9076
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Composition
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Maggie Harris · License #0530155
(956) 821-9990
Added: Jun 9
Changed: Jul 21
Last Checked: Jul 23 at 8:06PM
MLS# 497299
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This gated 4-plex offers four identical residential units, each featuring 2 bedrooms and 2 bathrooms with a private entrance. Units include a modern kitchen with granite countertops and have an in-unit washer and dryer for added convenience.
The property is located in Pharr, Texas, near the expressway for straightforward access to surrounding areas.
A new roof was installed in 2024, supporting continued exterior reliability for the multifamily property.
The property is located in Pharr, Texas, near the expressway for straightforward access to surrounding areas.
A new roof was installed in 2024, supporting continued exterior reliability for the multifamily property.
Key Highlights
- 4‑plex in a secure gated community built in 2005
- Each of the four identical units offers 2 bedrooms, 2 bathrooms, and a private entrance
- Modern kitchens with granite countertops, plus each unit includes a washer and dryer
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 | $52.6k | $14.04 |
| − Vacancy | −$5.8k | −$1.55 |
| EGI | $46.8k | $12.49 |
| − OpEx | −$14.0k | −$3.75 |
| NOI | $32.7k | $8.74 |
3,744 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$467.7K
$409.3K – $545.7K
NOI $32,741 @ 7.0% cap · market cap 8.97%
Second Best
Apartment 5plus
$430.6K
$376.8K – $502.4K
NOI $30,145 @ 7.0% cap · market cap 8.26%
Theoretical Best
Hotel Hospitality
$2.82M
$2.47M – $3.29M
NOI $197,402 @ 7.0% cap · market cap 54.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four identical 2-bedroom, 2-bath units each have private entrances, plus in-unit washer and dryer, in a gated setting.
Where is this quadplex located?
The property is located at 2216 N Dahlia Street Pharr, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 4‑plex in a secure gated community built in 2005; Each of the four identical units offers 2 bedrooms, 2 bathrooms, and a private entrance; Modern kitchens with granite countertops, plus each unit includes a washer and dryer
