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8-Unit Apartment Building
New
For Sale
$394,000

405 E Guerra Street, Rio Grande City, TX 78582

A mixed unit configuration includes separately metered water and electricity, with occupants responsible for utility costs.

Property Size5,146 SF
Price / SF$76.56
Days on Market2

Property Features for 405 E Guerra Street

General Information

Standard status Active
Size 5,146 SF
Property subtype Multi Family Home

Units

Unit Mix 4 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units 8
Individually Metered Utilities water, electricity

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,654

Amenities

Ceiling Fan(s)

Building Details

Building Size 5,146 SF
Year Built 1990
Buildings 1
Stories 2
Units 8
Listing Agency: WINNERS CIRCLE
Listed By: Yessenia Garcia · License #801070826
Source: Gdvrealty
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 23 at 6:11PM

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 WINNERS CIRCLE

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Investment Insights

Based on property information with market context.

This 1990 apartment property contains eight units across two layouts: four apartments with two bedrooms and one bathroom each, and four with one bedroom and one bathroom each. The building totals 5,146 square feet, and every unit has its own water and electric meter. Occupants pay their utility costs directly.

The property is on E Guerra Street in Rio Grande City, a short distance from restaurants and shopping. Its current leasing arrangement combines long-term occupancy in four apartments with short-term stays in the other four.

Key Highlights

  • Eight apartments totaling 5,146 square feet
  • Four two‑bedroom, one‑bath units and four one‑bedroom, one‑bath units
  • Individual water and electric meters for each apartment

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby

Demographics for 78582, TX

43,253
Population
14,743
Households
2.9
Avg Household Size
31
Median Age
13%
College-Educated
61%
High-School Grad
565.3 sq mi
ZIP Area
77
Density / Sq Mi
$41,452
Median Household Income
$23,855
Median Earnings
$738
Median Rent
$102,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - A mixed unit configuration includes separately metered water and electricity, with occupants responsible for utility costs.
Where is this apartment building located?
The property is located at 405 E Guerra Street Rio Grande City, TX.
What is the asking price?
The asking price for this property is $394,000.
What are key features of this property?
This property features: Eight apartments totaling 5,146 square feet; Four two‑bedroom, one‑bath units and four one‑bedroom, one‑bath units; Individual water and electric meters for each apartment
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