Search
Eight-Unit Apartment Building
For Sale
Contact for pricing

405 West 4th Street, Monahans, TX 79756

Multifamily property offering two-bedroom layouts with one-and-a-half baths and contemporary interior finishes.

Property Size5,000 SF
Lot Size0.32 Acres
Price / SF$344
Days on Market121

Property Features for 405 West 4th Street

General Information

Standard status Active
Size 5,000 SF
Lot size 0.32 Acres
Property subtype Multifamily

Units

Unit Mix 8 x 2BR/1.5BA
Multifamily Units 8

Building Details

Year Built 1925
Buildings 1
Units 8
Listing Agency: The Prichard Group
Listed By: Heather Prichard · License #0486680
Source: Crexi
Added: May 8 Changed: Sep 1 Last Checked: Sep 1 at 2:51AM

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 The Prichard Group

Investment Insights

Based on property information with market context.

Located at 405 West 4th Street in Monahans, Texas, this multifamily property contains 8 apartment units within approximately 5,000 square feet of building area. Each unit is configured with 2 bedrooms and 1.5 bathrooms, providing a consistent layout across the property.

The asset occupies .32 acres in Monahans, within the Delaware Basin region. Its residential configuration and unit count establish a compact apartment property suited to multifamily ownership and operations.

Key Highlights

  • 8 apartment units with 2 bedrooms and 1.5 bathrooms each
  • Approximately 5,000 sq ft of multifamily building area
  • .32‑acre property in Monahans, Texas

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby

Demographics for 79756, TX

10,318
Population
4,318
Households
2.4
Avg Household Size
35
Median Age
10%
College-Educated
80%
High-School Grad
158.5 sq mi
ZIP Area
65
Density / Sq Mi
$70,924
Median Household Income
$46,511
Median Earnings
$960
Median Rent
$153,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property offering two-bedroom layouts with one-and-a-half baths and contemporary interior finishes.
Where is this apartment building located?
The property is located at 405 West 4th Street Monahans, TX.
What is the asking price?
The asking price for this property is $1,720,000.
What are key features of this property?
This property features: 8 apartment units with 2 bedrooms and 1.5 bathrooms each; Approximately 5,000 sq ft of multifamily building area; .32‑acre property in Monahans, Texas
(432) 978-6973 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message