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Six-Unit Multifamily Investment

613 S 12th Street McAllen McAllen, TX 78501

New
613 S 12th Street McAllen, McAllen, TX, 78501
$389,000
For Sale
$389,000

Fully occupied six-unit multifamily property with all units leased and generating rental income.

Days on Market4

Property Features for 613 S 12th Street McAllen

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1971
Listing agency RE/MAX elite
Listed by Erasmo Arjona
Source Primeluxuryrealestate
Added: Jul 20 Updated: Jul 21 at 11:53AM Checked: Jul 23 at 5:44AM

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 RE/MAX elite


Investment Insights

Based on property information with market context.

This fully occupied six-unit multifamily property is designed for straightforward rental income. The existing units are described as well-maintained and leased, supporting an all-units-in-place configuration.

The property is located in the 78501 zip code in Downtown McAllen and is positioned just minutes from 10th Street and Expressway 83, providing convenient access for tenants.

For sale as an income-producing investment, the offering includes current rent performance as well as an estimated cap rate referenced in the remarks.

Key Highlights

  • Fully occupied 6‑unit multifamily property with all units leased
  • Year built: 1971
  • Nearly $4,000/month in rents

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Kitchen & Bath Showroom Locksmith Garden Center Tanning Salon (Bike/Boat/Book/etc) Store Nursing Home Nursing Home Fish Market Butcher HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully occupied six-unit multifamily property with all units leased and generating rental income.
Where is this apartment building located?
The property is located at 613 S 12th Street McAllen McAllen, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Fully occupied 6‑unit multifamily property with all units leased; Year built: 1971; Nearly $4,000/month in rents
Contact an agent
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