Four-Unit Multifamily
For Sale
Contact for pricing
4619 N CYPRESS ST, Pharr, TX 78577
For sale four-unit residential income property well suited for buyers seeking small multifamily ownership.
Property Size4,056 SF
Price / SF$106.02
Days on Market50
Property Features for 4619 N CYPRESS ST
General Information
Standard status
Active
Size
4,056 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
4
Building Details
Year Built
2013
Listing Agency:
Global Realty
Listed By:
Dean Chan
Source:
Crexi
Added: Jun 17
Changed: Jul 10
Last Checked: Aug 4 at 8:00AM
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 Global Realty
Investment Insights
Based on property information with market context.
This for-sale multifamily property consists of four residential units in a quadplex format. The property is presented as a residential income asset and is listed with a total building size of 4,056 square feet.
Located at 4619 N Cypress St in Pharr, Texas 78577, the property is identified publicly as a four-unit multifamily offering. The listing information provided does not include unit-by-unit details or additional site improvements, so buyers are encouraged to review the configuration and current conditions during due diligence.
As a four-unit residential income property, the asset may fit investors and owner-occupants seeking a smaller scale multifamily purchase rather than a larger complex. With four separate units, an owner has the benefit of multiple income streams, subject to lease terms, occupancy, and operating history to be verified. The property is offered for sale at a listed price of $430,000, and prospective buyers should confirm all financial and physical details directly with the seller or through their broker while evaluating how it aligns with their underwriting criteria and management approach.
Located at 4619 N Cypress St in Pharr, Texas 78577, the property is identified publicly as a four-unit multifamily offering. The listing information provided does not include unit-by-unit details or additional site improvements, so buyers are encouraged to review the configuration and current conditions during due diligence.
As a four-unit residential income property, the asset may fit investors and owner-occupants seeking a smaller scale multifamily purchase rather than a larger complex. With four separate units, an owner has the benefit of multiple income streams, subject to lease terms, occupancy, and operating history to be verified. The property is offered for sale at a listed price of $430,000, and prospective buyers should confirm all financial and physical details directly with the seller or through their broker while evaluating how it aligns with their underwriting criteria and management approach.
Key Highlights
- Four‑unit multifamily residential income property
- Built in 2013
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 | $56.9k | $14.04 |
| − Vacancy | −$6.3k | −$1.55 |
| EGI | $50.7k | $12.49 |
| − OpEx | −$15.2k | −$3.75 |
| NOI | $35.5k | $8.74 |
4,056 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$506.7K
$443.4K – $591.2K
NOI $35,470 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$466.5K
$408.2K – $544.3K
NOI $32,657 @ 7.0% cap · market cap 7.59%
Theoretical Best
Hotel Hospitality
$3.06M
$2.67M – $3.56M
NOI $213,853 @ 7.0% cap · market cap 49.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
889
Businesses Nearby
Explore this area
Business Placement
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - For sale four-unit residential income property well suited for buyers seeking small multifamily ownership.
Where is this quadplex located?
The property is located at 4619 N CYPRESS ST Pharr, TX.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Four‑unit multifamily residential income property; Built in 2013
