Four-Unit Multifamily
For Sale
Contact for pricing
3801 Whitewing Avenue, Edinburg, TX 78539
Four-unit multifamily asset totaling 3,940 SF, offered for sale at 3801 Whitewing Ave.
Property Size3,940 SF
Price / SF$116.75
Days on Market51
Property Features for 3801 Whitewing 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 16
Changed: Jul 10
Last Checked: Aug 2 at 10:52AM
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 four units in a single quadplex-style configuration. The building totals 3,940 SF, providing a compact income-focused footprint for an owner-operator or investor seeking a small multi-family asset.
The property is located at 3801 Whitewing Ave in Edinburg, Texas (78539). The listing information identifies it as a four-unit multifamily property, which can simplify oversight compared with larger apartment complexes.
With four residential units, this asset may suit buyers looking for a manageable number of tenants within one building. Prospective tenants and operators can evaluate unit-by-unit space and layout, while buyers can underwrite the property based on its existing structure and total size of 3,940 SF. As with any residential income purchase, buyers should review current operating details and lease terms as part of their due diligence, including how the units are configured within the overall building area.
The property is located at 3801 Whitewing Ave in Edinburg, Texas (78539). The listing information identifies it as a four-unit multifamily property, which can simplify oversight compared with larger apartment complexes.
With four residential units, this asset may suit buyers looking for a manageable number of tenants within one building. Prospective tenants and operators can evaluate unit-by-unit space and layout, while buyers can underwrite the property based on its existing structure and total size of 3,940 SF. As with any residential income purchase, buyers should review current operating details and lease terms as part of their due diligence, including how the units are configured within the overall building area.
Key Highlights
- Four‑unit multifamily property
- Total building size: 3,940 SF
- 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
369
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 asset totaling 3,940 SF, offered for sale at 3801 Whitewing Ave.
Where is this quadplex located?
The property is located at 3801 Whitewing 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: Four‑unit multifamily property; Total building size: 3,940 SF; Built in 2018
