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8-Unit Multifamily Building
For Sale
$450,000

2305 N 32nd N, McAllen, TX 78501

Well-maintained units feature tile floors, granite counters, crown molding, and ceiling fans, with separately metered utilities.

Property Size5,848 SF
Price / SF$76.95
Days on Market48

Property Features for 2305 N 32nd N

General Information

Standard status Active
Size 5,848 SF
Property subtype Multi-Family

Units

Unit Mix 7 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 8

Additional Details

Utilities to Site Yes

Building Details

Year Built 2002
Listing Agency: Lpt Realty Llc
Listed By: Brandy Ruiz · License #801071740
Source: Tnt
Added: Jul 14 Changed: Aug 30 Last Checked: Aug 30 at 1:35PM

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 Lpt Realty Llc

Investment Insights

Based on property information with market context.

Located at 2305 N 32nd N in McAllen, this 8-unit multifamily property contains 5848 square feet and was built in 2002. The unit mix includes seven 2-bedroom/1-bath residences and one 1-bedroom/1-bath residence. Interior features include tile flooring, granite countertops, crown molding, and ceiling fans.

Electric and water service are individually metered for each unit. The property also provides 14+ parking spaces. The source information identifies two vacant units and notes that comparable 2BR/1BA units in the immediate area are leasing within the stated range, with full rent roll and pro forma materials available in the documents.

Key Highlights

  • 8‑unit multifamily property with 5848 square feet
  • Unit mix includes seven 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • Built in 2002

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Building Supply Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

354
Businesses Nearby

Demographics for 78501, TX

60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
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 - Well-maintained units feature tile floors, granite counters, crown molding, and ceiling fans, with separately metered utilities.
Where is this apartment building located?
The property is located at 2305 N 32nd N McAllen, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 8‑unit multifamily property with 5848 square feet; Unit mix includes seven 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; Built in 2002
More about this property
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