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Occupied Four-Unit Quadplex
For Sale
$250,000

602 E 4th Street, Alice, TX 78332

Residential, Alice, TX

Property Size3,166 SF
Lot Size0.23 Acres
Price / SF$78.96
Days on Market213

Property Features for 602 E 4th Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1
Parking features Assigned
Subdivision Alice Townsite Add
Lot features Corner Lot
Elementary school Alice
Middle school William Adams
High school Alice
Elementary school district Alice ISD
Middle school district Alice ISD
High school district Alice ISD
Directions From Almond Street take a left on 4th St and the property is on the right corner.
Standard status Active
APN 011721
Size 3,166 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description ALICE TOWNSITE LT 6 BLK 38 0000.000
Tax Annual Amount 3024
Legal Description ALICE TOWNSITE LT 6 BLK 38 0000.000

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1982
Floors in Building 2
Number of units 1
Flooring type Hardwood, Linoleum
Roof type Metal
Listing Agency: Dynamite Real Estate
Listed By: Melinda Garcia · License #0583035
Added: Feb 27 Changed: Sep 21 Last Checked: Sep 28 at 10:06PM
MLS# 472656

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 3,166-square-foot quadplex contains four operational units across two buildings on a 0.2296-acre lot. Constructed in 1982, the property includes hardwood and linoleum flooring, assigned parking, public water, and public sewer. Both structures feature metal roofing. The front building has two stories with interior and exterior stair access, while the rear building is single-story and includes a shared front porch.

The units are fully occupied, providing an existing residential income configuration. The property is situated near local schools, shopping, and restaurants in downtown Alice. Its building arrangement, mix of floor plans, and established utility connections support continued multifamily use.

Key Highlights

  • Four operational units across two buildings
  • 3,166 square feet on a 0.2296‑acre lot
  • Fully occupied residential income property

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

Lease Details

4
Residential units
100%
Occupancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Two buildings offer a mix of one- and two-story residential layouts with assigned parking.
Where is this quadplex located?
The property is located at 602 E 4th Street Alice, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four operational units across two buildings; 3,166 square feet on a 0.2296‑acre lot; Fully occupied residential income property
More about this property
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