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Updated Income-Producing Duplex Property
New
For Sale
$160,000

412 E 4th Street, Alice, TX 78332

Residential, Alice, TX

Property Size1,156 SF
Lot Size0.17 Acres
Price / SF$138.41
Days on Market2

Property Features for 412 E 4th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Subdivision Alice Townsite Add
Elementary school Alice
Middle school Alice
High school Alice
Elementary school district Alice ISD
Middle school district Alice ISD
High school district Alice ISD
Standard status Active
APN 000000017668
Size 1,156 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description ALICE TOWNSITE LT 3 BLK 24 0000.000
Tax Annual Amount 1063
Legal Description ALICE TOWNSITE LT 3 BLK 24 0000.000

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1982
Floors in Building 1
Flooring type Vinyl, Hardwood
Roof type Shingle
Listing Agency: Alice Texas Real Estate
Listed By: David Johnson · License #0605826
Added: Sep 6 Last Checked: Sep 7 at 6:06PM
MLS# 482110

Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income property package includes two structures: a duplex at 412/414 E 4th and a separate house at 408 E 4th in Alice. The duplex has received substantial improvements, including replacement electrical, plumbing, and roofing systems. The accompanying house requires additional updating. The listed property size is 1,156 square feet, with hardwood and vinyl flooring, window-unit cooling, and a shingle roof.

Both properties are currently rented, providing three income streams within the package. The site measures 0.17 acres and is served by public water and public sewer. Built in 1982, the property offers a combination of an updated duplex and a second residential structure on the same investment offering.

Key Highlights

  • Two‑property package at 408 E 4th and 412/414 E 4th in Alice, TX
  • Three income streams from currently rented properties
  • Duplex updated with new electrical, plumbing, and roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Cafe & Coffee Shop Skin Care Clinic Furniture & Home Goods Storage Facility

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

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby

Demographics for 78332, TX

27,152
Population
10,747
Households
2.5
Avg Household Size
38
Median Age
12%
College-Educated
78%
High-School Grad
488.5 sq mi
ZIP Area
56
Density / Sq Mi
$47,199
Median Household Income
$31,753
Median Earnings
$897
Median Rent
$97,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Paired residential properties include a renovated duplex and a second house with public utilities and established rental use.
Where is this duplex located?
The property is located at 412 E 4th Street Alice, TX.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Two‑property package at 408 E 4th and 412/414 E 4th in Alice, TX; Three income streams from currently rented properties; Duplex updated with new electrical, plumbing, and roof
More about this property
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