Four-Unit Multifamily
For Sale
Contact for pricing
4009 Whitewing Avenue, Edinburg, TX 78539
Four-unit income property offering 3,940 SF of residential rental space.
Property Size3,940 SF
Price / SF$116.75
Days on Market51
Property Features for 4009 Whitewing Avenue
General Information
Standard status
Active
Size
3,940 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
4
Building Details
Year Built
2019
Listing Agency:
Global Realty
Listed By:
Dean Chan
Source:
Crexi
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 5 at 8:41AM
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 multifamily property is configured as a four-unit residential income building, totaling 3,940 SF. It is offered for sale as a small-scale rental asset, with the units arranged to provide separate living spaces for tenants within one structure.
The property is located at 4009 Whitewing Ave in Edinburg, Texas 78539. As a four-unit configuration, it offers a manageable setup for ownership or acquisition compared with larger multi-building portfolios, while still providing multiple revenue-producing units under one ownership.
For buyers seeking a straightforward residential income property, this asset’s four-unit layout can support a diversified tenant base within a single property footprint. It may also appeal to owner-occupants or investors looking for an easier-to-manage scale, given that the offering is specifically presented as a 4-unit multifamily with a defined total building size. Prospective buyers and brokers should review unit-level details and any available financial or lease information during due diligence to confirm rent structure and tenant occupancy for this four-unit offering.
The property is located at 4009 Whitewing Ave in Edinburg, Texas 78539. As a four-unit configuration, it offers a manageable setup for ownership or acquisition compared with larger multi-building portfolios, while still providing multiple revenue-producing units under one ownership.
For buyers seeking a straightforward residential income property, this asset’s four-unit layout can support a diversified tenant base within a single property footprint. It may also appeal to owner-occupants or investors looking for an easier-to-manage scale, given that the offering is specifically presented as a 4-unit multifamily with a defined total building size. Prospective buyers and brokers should review unit-level details and any available financial or lease information during due diligence to confirm rent structure and tenant occupancy for this four-unit offering.
Key Highlights
- 2019‑built four‑unit multifamily property
- 3,940 SF of residential rental space
- Income property with 4 units
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit income property offering 3,940 SF of residential rental space.
Where is this quadplex located?
The property is located at 4009 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: 2019‑built four‑unit multifamily property; 3,940 SF of residential rental space; Income property with 4 units
