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Four-Unit Residential Property in Midland
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2400 College Ave, Midland, TX 79701

Four-unit residential property for lease in Midland, Texas.

Space Size2,499 SF
Days on Market116

Property Features for 2400 College Ave

General Information

Standard status Active
Size 2,499 SF
Class C
Property subtype Office

Building Details

Building Size 2,499 SF
Year Built 1948
Tenancy Single

Spaces For Lease

at 2400 College Ave Contact us

Entire Property

Size
2,499 SF
Availability
Active
Contact us
Listing Agency: ERES Companies
Listed By: Alonso Hernandez · License #TX: 775636
Source: Crexi
Added: May 13 Changed: Sep 5 Last Checked: Sep 5 at 1:42PM

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 ERES Companies

Investment Insights

Based on property information with market context.

2400 College Avenue is a 4-unit residential property available for lease in Midland, TX. The property includes approximately 2,499 square feet of total living area across four individual units, each configured with dedicated living, kitchen, bedroom, and bathroom space. The layout is well-suited for workforce housing, staff housing, company housing, furnished rental use, or traditional residential occupancy, subject to applicable zoning, licensing, and local approvals. With separate units, covered porch areas, and a manageable small multifamily configuration, the property offers a practical housing solution for users seeking multiple units in one location. 2400 College Avenue is located in Midland, Texas, within an established residential neighborhood near major area roadways, employers, and service amenities. Midland sits at the center of the Permian Basin, one of the most active energy-producing regions in the United States, supporting demand for workforce housing, corporate housing, long-term rentals, and short-term rental opportunities.

Key Highlights

  • Four individual units, each with dedicated living, kitchen, bedroom, and bathroom.
  • Located in an established residential neighborhood in Midland, Texas.
  • Suited for workforce housing, staff housing, company housing, furnished rental use, or traditional residential occupancy.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Locksmith Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Veterinary Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,138
Businesses Nearby

Demographics for 79701, TX

29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
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?
Quadplex - Four-unit residential property for lease in Midland, Texas.
Where is this quadplex located?
The property is located at 2400 College Ave Midland, TX.
What are key features of this property?
This property features: Four individual units, each with dedicated living, kitchen, bedroom, and bathroom.; Located in an established residential neighborhood in Midland, Texas.; Suited for workforce housing, staff housing, company housing, furnished rental use, or traditional residential occupancy.
(432) 425-9692 Call to check price and availability
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