Multifamily

Mercedes, TX Multifamily Properties for Sale

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19 properties
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Brand-New Fourplex with Carports
Updated: Jul 7
Brand-New Fourplex with Carports

105 E Royal Palm Drive, Mercedes, TX 78570

$510,000
4,400 sqft 0.23 AC lot
New construction (2025) fourplex in Mercedes, TX, reported as fully built and rent‑ready
Four units total, each with a 3‑bedroom and 2‑bath single‑family‑style layout
Central heating and central air in all units
Appliances included in all units: electric water heater, washer, dryer, microwave, refrigerator, and stove/range
Public water source
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4-Unit Quadplex with Carports
Updated: Jun 23
4-Unit Quadplex with Carports

205 E Royal Palm Dr., Mercedes, TX 78570

$510,000
4,400 sqft 0.23 AC lot
4‑unit quadplex with 4,400 square feet
Each unit offers a 3‑bedroom, 2‑bath layout
Built in 2025 on a 0.2328‑acre lot
RES zoning in Mercedes, TX 78570
Carport parking, fencing, and stucco construction
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Modern Two-Unit Duplex
Modern Two-Unit Duplex

326 N Virginia Avenue, Mercedes, TX 78570

$259,900
1,920 sqft 0.11 AC lot

Both two-bedroom units are currently rented and offer convenient access near the highway for commuters.

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See what stands out in Hidalgo County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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NOI available after sign in
Local Demand available after sign in
Duplex with Two 3-Bedroom Units
Duplex with Two 3-Bedroom Units

624 N Texas Avenue, Mercedes, TX 78570

Contact for pricing
2,114 sqft

Each residence includes three bedrooms, two bathrooms, and a comfortable residential layout.

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Newly Built Fourplex
Newly Built Fourplex

807 E Starr Street, Mercedes, TX 78570

$420,000
4,050 sqft 0.23 AC lot

Four-unit property with contemporary interiors, private fenced yards, full appliance packages, and covered parking.

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Fourplex With Private Yards
Fourplex With Private Yards

1046 Hidalgo Street, Mercedes, TX 78570

$399,900
3,132 sqft 0.17 AC lot

Recently built fourplex with mixed unit layouts, upgraded finishes, appliances, and individual laundry areas.

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Duplex with Rented Units
Duplex with Rented Units

326 N VIRGINIA AVE., Mercedes, TX 78570

$259,900
1,920 sqft 0.11 AC lot

Both two-bedroom units are occupied, offering an established residential income property with updated interior finishes.

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Modern Fourplex with Private Yards
Modern Fourplex with Private Yards

810 Starr St, Mercedes, TX 78570

$439,000

Fully leased fourplex with updated interiors, private fenced yards, covered parking, and in-unit appliances.

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Quadplex with Private Yards
Quadplex with Private Yards

1046 HIDALGO ST., Mercedes, TX 78570

$399,900
3,132 sqft 0.17 AC lot

Four-unit property with varied layouts, appliance packages, dedicated laundry areas, and individually fenced backyards.

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RV Lot with Casita
RV Lot with Casita

2072 E CORDOBA, Mercedes, TX 78570

$37,500
0.06 AC lot

Improved recreational site with a screened patio, tile flooring, and access to extensive community amenities.

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4-Unit Modern Quadplex
4-Unit Modern Quadplex

902 Starr St, Mercedes, TX 78570

$439,000

Fully leased property with contemporary interiors, private fenced yards, and covered parking near the Expressway.

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RV Lot with Casita
RV Lot with Casita

2070 E CORDOBA lot: 2070, Mercedes, TX 78570

$74,000
0.06 AC lot

Improved lot with a tiled screened patio and access to shared recreational amenities.

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Modern Fourplex with Covered Parking
Modern Fourplex with Covered Parking

1002 Starr St, Mercedes, TX 78570

$439,000

Four private fenced yards and complete appliance packages add convenience for residents.

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Mercedes Fourplex Investment Opportunity
Mercedes Fourplex Investment Opportunity

1046 Hidalgo Street, Mercedes, TX 78570

$399,900
3,132 sqft

Fourplex in Mercedes, TX with modern interiors and private backyards.

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Land
Land

10922 Compadres St, Mercedes, TX 78570

$45,000

Residential land & home lots

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Four-Unit Quadplex with Open Layouts
Four-Unit Quadplex with Open Layouts

1011 Starr Street, Mercedes, TX 78570

Contact for pricing

Fully leased residential property with open-concept interiors, spacious bedrooms, walk-in closets, and basic appliances.

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Multifamily Property in Downtown Mercedes
Multifamily Property in Downtown Mercedes

105 E 10th Street, Mercedes, TX 78570

Contact for pricing
1.00 AC lot

16-unit multifamily property with on-site laundry in downtown Mercedes.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

136 N. Texas Avenue, Mercedes, TX 78570

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Commercial space along Mercedes’ primary business corridor is complemented by residential units positioned behind the building.

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Multifamily Fixer-Upper
Multifamily Fixer-Upper

3117 Spanish Palms Drive S, Mercedes, TX 78570

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A renovation-focused multifamily property requiring substantial work to reposition the asset.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Mercedes, TX, we suggest to view alternatives - similar 39 Off-Market properties to explore as potential leads.

Off-Market Properties in Mercedes, TX

Consider similar Off-Market properties in Mercedes, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Mercedes, TX 78570
MOBILE HOME PARK, TRAILER PARK

Mercedes, TX 78570

$325,000
Estimated value
1,600 sqft 20.60 AC lot
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3117 Spanish Palms S Dr
APARTMENT HOUSE (5+ UNITS)

3117 Spanish Palms S Dr, Mercedes, TX 78570-5825

$320,000
Estimated value
5,252 sqft 0.52 AC lot
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236 Missouri Ave
APARTMENT HOUSE (5+ UNITS)

236 Missouri Ave, Mercedes, TX 78570-3047

$265,000
Estimated value
9,400 sqft 0.22 AC lot
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105 10th St
APARTMENT HOUSE (5+ UNITS)

105 10th St, Mercedes, TX 78570-3946

$600,000
Estimated value
12,880 sqft 1.06 AC lot
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302 Fm 491
APARTMENT HOUSE (5+ UNITS)

302 Fm 491, Mercedes, TX 78570-3209

$445,000
Estimated value
11,988 sqft 0.91 AC lot
View details

Mercedes, TX Multifamily Properties Market Trends and Statistics

Explore 58 multifamily properties for sale in Mercedes, TX, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 28,200 square feet of properties for sale, with an estimated market value of $4,633,000.

Sale prices for multifamily properties in Mercedes, TX start at $37,500, averaging $330,928, and reaching up to $510,000 — 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 10
Duplexes 5
Apartment buildings 3
Mobile home & RV parks 2

Demographics Overview

Population 34K
Population Growth (5Y) -2.9%
Median Household Income $39,890
College Educated 15.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
78570 $330.9K

Taxes & Financing

Tax Rate (average for all types) 2.77%
Property Tax per SF $46.31 per SF
Tax Rate vs County Average 0.40 pp above 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

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