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    2215 E Main Ave Mission, TX 78573

    For Sale
    $1,225,000

    Multi Family - Alton, TX

    Type:Multi Family
    Property size:
    9,726 SF
    Lot size:
    7.44 Acres
    Days on Market:
    533
    Last Refresh:
    Dec 11 at 3:06 am

    Property Features for 2215 E Main Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    W010000041001225
    Parking features
    Carport, Garage
    Size
    9,726 SF
    Lot size
    7.44 Acres

    Utilities

    Heating system
    Central

    Building Details

    Year built
    2002
    Number of units
    10
    Architectural style
    Other

    RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV (956) 566-8377 [email protected]

    Listing agent Jaime Lee Gonzalez (956) 928-1155

    Listing date Jun 27, 2024

    MLS# 442218 Listing URL

    Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Alton Multifamily Investment Opportunity

    Located off Mile 5 Rd and Stewart Blvd in Alton, this property is situated on a 7.44-acre tract. It comprises three buildings that are currently all leased, generating rental income. The property includes two 4-plex buildings and one duplex. Each unit offers 2 bedrooms and 1 bathroom. The property has 9726 square feet of living area. Vacant land provides an opportunity to construct additional rental units, increasing rental income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.29054
    Latitude
    26.28483

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    FAQs

    What type of property is this?
    Multifamily property - 7.44-acre property with income-generating units and expansion potential.
    Where is this multifamily property located?
    The property is located at 2215 E Main Ave Mission, TX.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: - 7.44-acre tract with income-generating potential; - Includes two 4-plex buildings and one duplex; - All units currently leased, providing steady rental income
    (956) 928-1155
    Request Owner's contact information
    2215 E Main Ave Mission, TX 78573
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    Mission, TX 78573
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2215 E Main Ave Mission, TX 78573
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