Four-Unit Multifamily
For Sale
Contact for pricing
3705 Hawthorne Avenue, Edinburg, TX 78539
Four-unit multifamily property offered for sale in Edinburg, providing income-focused housing configurations for tenants.
Property Size3,940 SF
Price / SF$116.75
Days on Market50
Property Features for 3705 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 8:57AM
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 for-sale multifamily property consists of 4 units totaling 3,940 SF. It is categorized as a residential income asset and is presented as a four-unit building, offering an investor or owner a straightforward small multifamily format.
Located at 3705 Hawthorne Ave in Edinburg, Texas (78539), the property is positioned for local rental demand. As a four-unit structure, it can support a manageable scale of tenancy while keeping operations centralized under one ownership.
For buyers seeking a smaller residential income investment, this four-unit offering provides a defined, multi-tenant setup rather than a single-tenant arrangement. The property’s unit count and total size make it a practical choice for hands-on ownership or for an operator building a portfolio of similar multifamily assets. Prospective buyers and brokers can review the specific unit mix, conditions, and current rent performance during due diligence to confirm fit with their goals.
Located at 3705 Hawthorne Ave in Edinburg, Texas (78539), the property is positioned for local rental demand. As a four-unit structure, it can support a manageable scale of tenancy while keeping operations centralized under one ownership.
For buyers seeking a smaller residential income investment, this four-unit offering provides a defined, multi-tenant setup rather than a single-tenant arrangement. The property’s unit count and total size make it a practical choice for hands-on ownership or for an operator building a portfolio of similar multifamily assets. Prospective buyers and brokers can review the specific unit mix, conditions, and current rent performance during due diligence to confirm fit with their goals.
Key Highlights
- 4‑unit multifamily property
- 3,940 SF total building size
- 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 - Four-unit multifamily property offered for sale in Edinburg, providing income-focused housing configurations for tenants.
Where is this quadplex located?
The property is located at 3705 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: 4‑unit multifamily property; 3,940 SF total building size; Built in 2018
