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    Mcallen, TX
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    Mcallen, TX Multifamily Properties for Sale

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    Fully Leased Multi-Unit Investment Property
    Updated: Mar 24
    Fully Leased Multi-Unit Investment Property

    3618 Gloria Avenue, Mcallen, TX 78503

    $244,000
    2,414 sqft 0.21 AC lot
    Fully leased multi‑unit property with 100% occupancy for immediate rental income
    Central air conditioning plus electric heating
    Parking includes a carport and a garage
    Electric water heater
    Built in 1980
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    This listing looks promising.

    Here's a quick look at some key insights for

    3618 Gloria Avenue, McAllen, TX 78503

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $312K
      Above asking

    • Property Type

      Duplex
      Built 1980
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    Two-Story Multifamily with 8 Units
    Updated: Jul 2
    Two-Story Multifamily with 8 Units

    417 N 28th Street, Mcallen, TX 78501

    $699,000
    6,486 sqft 0.26 AC lot
    8 two‑story units in a brick/frame complex; each unit has 2 bedrooms and 1.5 baths
    Year built 1994
    Central electric heat with central air conditioning
    Appliances included: electric water heater, refrigerator, stove/range (electric coil), washer and dryer
    Parking includes a garage and carport; mature trees on the exterior
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    Turnkey Fourplex in Gated Community
    Turnkey Fourplex in Gated Community

    905 E Myrtle Beach Avenue, Mcallen, TX 78503

    $535,000
    4,320 sqft 0.24 AC lot

    Fully leased fourplex built in 2018 with individual electric and water meters and in-unit laundry hookups.

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    Four-Plex with Covered Parking
    Four-Plex with Covered Parking

    5609 Sandpiper Avenue, Mcallen, TX 78501

    $535,000
    4,320 sqft 0.24 AC lot

    Four residential units offer 3 bedrooms and 2 baths each, with in-unit washer/dryer and private fenced backyards.

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    Two-Building Fourplex Investment
    Two-Building Fourplex Investment

    1425 E Iris Avenue, Mcallen, TX 78501

    $510,000
    4,320 sqft

    Fully occupied fourplex with two buildings and a mix of one- and two-bedroom units.

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    New Fourplex Investment Property
    New Fourplex Investment Property

    5800 Ozark Avenue, Mcallen, TX 78504

    $549,000
    3,978 sqft 0.22 AC lot

    Newly constructed fourplex with two 3-bedroom units and two 2-bedroom units, each with two baths and upgraded appliances.

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    McAllen Multifamily Investment Opportunity
    McAllen Multifamily Investment Opportunity

    502 N 15th Street, Mcallen, TX 78501

    $675,000
    4,008 sqft 0.24 AC lot

    Renovated 5-unit apartment complex in McAllen's Historic Palm District.

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    Remodeled 8-Unit Apartment Building
    Remodeled 8-Unit Apartment Building

    712 Toronto Ave., Mcallen, TX 85901

    $700,000
    7,440 sqft 0.01 AC lot

    For sale 8-unit apartment building with all units remodeled as 2 bed, 2 bath residences.

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    New Construction Fourplex in McAllen
    New Construction Fourplex in McAllen

    11405 25th Street, Mcallen, TX 78504

    $525,000
    4,004 sqft

    New construction fourplex with three-bedroom units in McAllen, Texas.

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    New Construction Fourplex in McAllen
    New Construction Fourplex in McAllen

    11308 N 25th, Mcallen, TX 78504

    $525,000
    4,148 sqft 0.22 AC lot

    New fourplex in a rapidly growing, desirable location.

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    McAllen Fourplex Investment Opportunity
    McAllen Fourplex Investment Opportunity

    1304 E Hibiscus Avenue, Mcallen, TX 78501

    $645,000
    4,216 sqft 0.24 AC lot

    Four modern units in a gated community with income potential.

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    Renovated Multifamily Property Near La Plaza
    Renovated Multifamily Property Near La Plaza

    712 W. Toronto Avenue, Mcallen, TX 78503

    $875,000
    2 sqft

    Fully renovated 8-unit multifamily property near La Plaza Mall.

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    Income-Producing Sixplex in North McAllen
    Income-Producing Sixplex in North McAllen

    11003 N 36th Lane, Mcallen, TX 78504

    $740,000
    5,901 sqft 0.36 AC lot

    Sixplex with long-term and short-term rental income potential.

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    Brick-Veneer Quadplex
    Brick-Veneer Quadplex

    1721 N 11TH ST., Mcallen, TX 78501

    $325,000
    2,768 sqft 0.21 AC lot

    Four 1-bedroom, 1-bath efficiency units with preserved original oak flooring and separate meters.

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    Fully Rented Fourplex with Patios
    Fully Rented Fourplex with Patios

    1325 E Daffodil Avenue, Mcallen, TX 78501

    $520,000
    4,497 sqft

    Fourplex offered for sale with fully rented units featuring private patios and rear carport parking.

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    Fully Occupied Fourplex Investment
    Fully Occupied Fourplex Investment

    1425 E Iris Avenue, Mcallen, TX 78501

    $510,000
    4,320 sqft 0.21 AC lot

    Two-building fourplex with a mix of 1- and 2-bedroom units, fully occupied and set in a residential subdivision.

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    Modern Triplex with Three Leased Units
    Modern Triplex with Three Leased Units

    2208 Galveston Avenue, Mcallen, TX 78501

    $455,000
    3,024 sqft 0.16 AC lot

    Newer triplex in McAllen featuring three separate, leased 3-bed/2-bath homes with individual utility meters.

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    Eight-Unit Two-Story Apartment Building
    Eight-Unit Two-Story Apartment Building

    417 N 28th Street, Mcallen, TX 78501

    $699,000
    6,486 sqft

    For sale multifamily property featuring eight two-story units with two bedrooms and 1.5 baths each.

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    Remodeled 8-Unit Apartment Building
    Remodeled 8-Unit Apartment Building

    712 Toronto Avenue, Mcallen, TX 78503

    $700,000
    7,440 sqft

    Eight remodeled two-bedroom, two-bath units offer a turnkey residential income option in McAllen.

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    McAllen 5-Plex in Great Location
    McAllen 5-Plex in Great Location

    3813 N 7th Court, Mcallen, TX 78501

    $529,500
    5,388 sqft

    Well-located 5-unit multifamily property in McAllen, Texas.

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    McAllen Multifamily Investment Opportunity
    McAllen Multifamily Investment Opportunity

    3004 L Street, Mcallen, TX 78503

    $600,000
    5,480 sqft 0.18 AC lot

    Four-unit multifamily property near La Plaza Mall in McAllen.

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    Residential Income Property For Sale
    Residential Income Property For Sale

    603 S Bicentennial Boulevard, Mcallen, TX 78501

    $259,900

    Two homes on a lot in superb location.

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    New McAllen Fourplex Investment Opportunity
    New McAllen Fourplex Investment Opportunity

    11415 N 24th, Mcallen, TX 78504

    $525,000
    4,000 sqft 0.22 AC lot

    New fourplex in McAllen, TX, ideal for investors/homeowners.

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    McAllen Multi-Family Investment Property
    McAllen Multi-Family Investment Property

    3005 S K Center Street, Mcallen, TX 78503

    $600,000
    5,502 sqft 0.18 AC lot

    Four-unit property near La Plaza Mall in McAllen, Texas.

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    Mcallen, TX Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Mcallen, TX, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 138,989 square feet of properties for sale, with an estimated market value of $18,279,400.

    Sale prices for multifamily properties in Mcallen, TX start at $244,000, averaging $589,658, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 20
    Apartment buildings 12
    Duplexes 2
    Short term rental properties 2
    Small apartment buildings 1

    Demographics Overview

    Population 143K
    Population Growth (5Y) +1.9%
    Median Household Income $61,483
    College Educated 24.9%

    High-Yield Neighborhoods for Investment

    Identify Mcallen submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Mission $524.9K
    McAllen $552K
    Show Low $700K

    Taxes & Financing

    Tax Rate (average for all types) 2.06%
    Property Tax per SF $17.58 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hidalgo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hidalgo County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Mcallen fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Mcallen, TX

    • 78501
    • 78504
    • 78503
    • 78573
    • 85901

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