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4-Unit Multifamily Property
For Sale
$180,000

320 S Georgia Ave, Mercedes, TX 78570

All four residences are currently leased.

Property Size2,560 SF
Price / SF$70.31
Days on Market8

Property Features for 320 S Georgia Ave

General Information

Standard status Active
Size 2,560 SF
Property subtype Residential Income

Additional Details

Average Monthly Rent $500
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,588
Listing Agency: NOVA REALTY ENTERPRISE LLC
Listed By: Orlando Ramos
Source: Exprealty
Added: Oct 1 Changed: Oct 7 Last Checked: Oct 7 at 2:02PM

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 NOVA REALTY ENTERPRISE LLC

Investment Insights

Based on property information with market context.

This four-unit residential income property contains 2,560 square feet. Each residence is currently leased, and the building is situated near the center of Mercedes.

Located at 320 S Georgia Ave, the property offers a central-city setting.

Key Highlights

  • Four residential units
  • 2,560 square feet
  • Currently leased across all four units

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Furniture & Home Goods (Bike/Boat/Book/etc) 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby

Demographics for 78570, TX

32,950
Population
10,701
Households
3.1
Avg Household Size
30
Median Age
12%
College-Educated
61%
High-School Grad
75.2 sq mi
ZIP Area
438
Density / Sq Mi
$39,890
Median Household Income
$22,648
Median Earnings
$686
Median Rent
$83,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are currently leased.
Where is this quadplex located?
The property is located at 320 S Georgia Ave Mercedes, TX.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Four residential units; 2,560 square feet; Currently leased across all four units
More about this property
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