Eight-Unit Apartment
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 Market168
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
(432) 614-6967
Source:
Crexi
Added: May 8
Changed: Oct 13
Last Checked: Oct 20 at 5:24PM
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
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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.
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
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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
