4-Unit Multifamily
For Sale
Contact for pricing
3701 Hawthorne Avenue, Edinburg, TX 78539
For sale quadplex offering four rental units within 3,940 SF of residential income space.
Property Size3,940 SF
Price / SF$116.75
Days on Market50
Property Features for 3701 Hawthorne Avenue
General Information
Standard status
Active
Size
3,940 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
4
Building Details
Year Built
2018
Listing Agency:
Global Realty
Listed By:
Dean Chan
Source:
Crexi
Added: Jun 17
Changed: Jul 10
Last Checked: Aug 5 at 10:35AM
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 Global Realty
Investment Insights
Based on property information with market context.
This 4-unit multifamily quadplex totals 3,940 SF and is being offered for sale as a residential income property. The building is configured to provide four separate units, making it suitable for investors or owner-operators looking for a small, manageable rental portfolio.
The property is located at 3701 Hawthorne Ave in Edinburg, Texas 78539. This is a straightforward, income-producing format with multiple units under one roof, which can simplify ownership and day-to-day oversight compared to single-tenant properties.
At a listed price of $460,000, the quadplex presents a practical option for buyers seeking a four-unit residential building. It may fit buyers looking to acquire a compact multifamily asset while maintaining the flexibility that comes with multiple rental units rather than relying on a single lease. Prospective purchasers should review the unit configuration and operating details during due diligence to confirm fit with their rental strategy.
The property is located at 3701 Hawthorne Ave in Edinburg, Texas 78539. This is a straightforward, income-producing format with multiple units under one roof, which can simplify ownership and day-to-day oversight compared to single-tenant properties.
At a listed price of $460,000, the quadplex presents a practical option for buyers seeking a four-unit residential building. It may fit buyers looking to acquire a compact multifamily asset while maintaining the flexibility that comes with multiple rental units rather than relying on a single lease. Prospective purchasers should review the unit configuration and operating details during due diligence to confirm fit with their rental strategy.
Key Highlights
- Quadplex with 4 rental units
- 3,940 SF of residential income space
- Built in 2018
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 | $54.4k | $13.80 |
| − Vacancy | −$1.5k | −$0.38 |
| EGI | $52.9k | $13.42 |
| − OpEx | −$15.9k | −$4.03 |
| NOI | $37.0k | $9.39 |
3,940 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$528.8K
$462.7K – $616.9K
NOI $37,014 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$472.5K
$413.5K – $551.3K
NOI $33,077 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$1.02M
$894.5K – $1.19M
NOI $71,563 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - For sale quadplex offering four rental units within 3,940 SF of residential income space.
Where is this quadplex located?
The property is located at 3701 Hawthorne Avenue Edinburg, TX.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Quadplex with 4 rental units; 3,940 SF of residential income space; Built in 2018
