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Well-Maintained 4-Plex Rental
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415 Pirul Street, Edinburg, TX 78541

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 Market180

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 Changed: Jul 22 Last Checked: Jul 29 at 3:42PM

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.

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

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 (±1% cap)
NOI $33,820 @ 7.0% cap · market cap 9.02%
Second Best
Apartment 5plus
$431.8K
$377.8K – $503.7K (±1% cap)
NOI $30,223 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$934.1K
$817.4K – $1.09M (±1% cap)
NOI $65,388 @ 7.0% cap · market cap 17.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Dental Office Computer & Electronic Repair

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

426
Businesses Nearby

Demographics for 78541, TX

48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
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
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Frequently Asked Questions

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
More about this property
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