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Two-Building Apartment Investment
For Sale
$500,000

3707 W Zelma St, Edinburg, TX 78541

For-sale multifamily property with two buildings and six two-bedroom units featuring tiled floors and dedicated carport parking.

Property Size6,048 SF
Price / SF$82.67
Days on Market98

Property Features for 3707 W Zelma St

General Information

Standard status Active
Size 6,048 SF
Total Parking Spaces 12
Property subtype Multi-Family

Additional Details

Multifamily Units 6

Amenities

carports
large back patios

Building Details

Year Built 2003
Tenancy Multi
Listing Agency: Encore Fine Properties
Listed By: Karena Herrera
Source: Aregtx
Added: Jul 20 Changed: Oct 13 Last Checked: Oct 7 at 4:25PM

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 Encore Fine Properties

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Investment Insights

Based on property information with market context.

This for-sale multifamily property includes two buildings with three units in each, for a total of six units. Built in 2003, the buildings feature composite shingle roofing and each unit has two bedrooms and two bathrooms. Interiors include tiled floors, and units also offer large back patios.

Each unit is equipped with a brand new AC system (Carrier brand). The property includes two dedicated parking spaces per unit in carports.

The configuration provides a straightforward layout across six residential units within the two-building complex.

Key Highlights

  • Multifamily complex at 3707 Zelma Ave with 2 buildings and 6 total units (each unit is 2BR/2BA)
  • Built in 2003 and made up of two separate buildings
  • Each unit includes tiled floors for easy maintenance

Property Analytics

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Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

Demographics for 78541, TX

48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - For-sale multifamily property with two buildings and six two-bedroom units featuring tiled floors and dedicated carport parking.
Where is this apartment building located?
The property is located at 3707 W Zelma St Edinburg, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Multifamily complex at 3707 Zelma Ave with 2 buildings and 6 total units (each unit is 2BR/2BA); Built in 2003 and made up of two separate buildings; Each unit includes tiled floors for easy maintenance
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