Well-Maintained 4-Plex
415 Pirul Street Edinburg, TX 78541
415 Pirul Street, Edinburg, TX, 78541
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For Sale
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A well-maintained 4-plex with four 2-bed, 2-bath units, each with tile flooring and a private patio.
Property Size3,600 SF
Price / SF$104.17
Days on Market165
Property Features for 415 Pirul Street
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2015
Listing agency
Accel Property Management & Investments, LLC
Listed by
Ann Anderson
Source
Crexi
Added: Feb 7 Updated: Jul 22 at 8:12AM Checked: Jul 22 at 8:12AM
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 Accel Property Management & Investments, LLC
Investment Insights
Based on property information with market context.
This well-maintained 4-plex offers four apartments, each featuring 2 bedrooms and 2 bathrooms. Interiors include tile flooring throughout and ceiling fans in each unit. Kitchens are described as spacious and equipped with granite countertops and a stove, refrigerator, and microwave. Each unit also includes private outdoor space via its own patio, along with washer and dryer connections.
The property is located in Edinburg. Public remarks note a sprinkler system and that there is no HOA.
From an apartment configuration standpoint, the building is set up for consistent unit layouts across all four homes, with similar finishes and amenities listed throughout.
The property is located in Edinburg. Public remarks note a sprinkler system and that there is no HOA.
From an apartment configuration standpoint, the building is set up for consistent unit layouts across all four homes, with similar finishes and amenities listed throughout.
Key Highlights
- 2015‑built 4‑plex in Edinburg with four 2‑bedroom, 2‑bath units
- Each unit includes tile flooring and ceiling fans throughout
- Each apartment features a spacious kitchen with granite countertops
Local 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 | $49.7k | $13.80 |
| − Vacancy | −$1.4k | −$0.38 |
| EGI | $48.3k | $13.42 |
| − OpEx | −$14.5k | −$4.03 |
| NOI | $33.8k | $9.39 |
3,600 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$483.1K
$422.8K – $563.7K
NOI $33,820 @ 7.0% cap · market cap 9.02%
Second Best
Apartment 5plus
$431.8K
$377.8K – $503.7K
NOI $30,223 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$934.1K
$817.4K – $1.09M
NOI $65,388 @ 7.0% cap · market cap 17.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - A well-maintained 4-plex with four 2-bed, 2-bath units, each with tile flooring and a private patio.
Where is this quadplex located?
The property is located at 415 Pirul Street Edinburg, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2015‑built 4‑plex in Edinburg with four 2‑bedroom, 2‑bath units; Each unit includes tile flooring and ceiling fans throughout; Each apartment features a spacious kitchen with granite countertops
