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Penitas, TX Multifamily Properties for Sale

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Penitas TX Multifamily Investment Opportunity
$620,000
10,164 SF

Penitas TX Multifamily Investment Opportunity

1502 Diamond Avenue, Penitas, TX 78576

Fully occupied 8-plex near U.S. 83 in Penitas, TX.

  • Fully occupied 8‑plex offering immediate cash flow.
  • Featuring seven 2‑bedroom/2‑bath units and one larger 3‑bedroom/2‑bath unit.
  • Prime location near major roadways, shopping centers, and dining options in Penitas, TX.
  • Well‑maintained property with a proven rental history.
  • Durable brick construction and shingle roof.
Updated: Jan 17
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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 1 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mission, TX 5-Plex Investment
$535,000
4,940 SF

Mission, TX 5-Plex Investment

Fully occupied 5-plex in Mission, TX with immediate returns.

407 S Minnesota Road, Mission, TX 78572
View details
Mission, TX Apartment Complex
$650,000
8,500 SF

Mission, TX Apartment Complex

10-unit apartment complex near Expressway 83 in Mission, TX.

1205 Showers Road, Mission, TX 78572
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La Joya Multifamily Investment
$520,000
6,092 SF

La Joya Multifamily Investment

Six-unit multifamily investment property in La Joya, Texas.

225-233 W 4th Street, La Joya, TX 78560
View details
La Joya Multifamily Investment
$180,000
2,052 SF

La Joya Multifamily Investment

Two detached units in La Joya, ideal for investors.

225 W 4th Street, La Joya, TX 78560
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Mission, TX Corner Lot
$60,000
0.17 Acres

Mission, TX Corner Lot

Corner lot in Mission, TX with utilities and flexible options.

7301 Lakeview Drive, Mission, TX 78574
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Residential Lot in Sullivan City
$45,000
0.18 Acres

Residential Lot in Sullivan City

Vacant 8,004 sq ft residential lot in Sullivan City, TX.

Guadalupe Flores Street, Sullivan City, TX 78595
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Corner Lot in Weslaco, TX
$44,900
0.18 Acres

Corner Lot in Weslaco, TX

Prime corner lot for mobile homes with utilities in Weslaco.

3305 Vera Avenue, Weslaco, TX 78596
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Residential Land in Monte Alto
$69,900
0.55 Acres

Residential Land in Monte Alto

0.55 acre residential land available in Monte Alto, Texas.

Grapefruit Drive, Monte Alto, TX 78538
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Explore Off-Market Properties in Penitas, TX

Consider similar Off-Market properties in Penitas, 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.

304 Main St

304 Main St

MOBILE HOME PARK, TRAILER PARK • 3,056 SF
Value Estimation by Request
304 Main St, Penitas, TX 78576-7217
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1905 Ash St

1905 Ash St

APARTMENT HOUSE (5+ UNITS) • 5,807 SF
Value Estimation by Request
1905 Ash St, Penitas, TX 78576-2002
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Cedar St

Cedar St

APARTMENT HOUSE (5+ UNITS) • 5,916 SF
Value Estimation by Request
Cedar St, Penitas, TX 78576
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Penitas, TX 78576

Penitas, TX 78576

APARTMENT HOUSE (5+ UNITS) • 5,178 SF
Value Estimation by Request
Penitas, TX 78576
View details
Penitas, TX 78576

Penitas, TX 78576

APARTMENT HOUSE (5+ UNITS) • 4,564 SF
Value Estimation by Request
Penitas, TX 78576
View details
17712 Salida Del Sol St

17712 Salida Del Sol St

APARTMENT HOUSE (5+ UNITS) • 7,124 SF
Value Estimation by Request
17712 Salida Del Sol St, Penitas, TX 78576-8485
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17709 Date Palm Dr

17709 Date Palm Dr

APARTMENT HOUSE (5+ UNITS) • 4,536 SF
Value Estimation by Request
17709 Date Palm Dr, Penitas, TX 78576-8583
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Cindy Ave

Cindy Ave

APARTMENT HOUSE (5+ UNITS) • 1,650 SF
Value Estimation by Request
Cindy Ave, Penitas, TX 78576
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Cindy St

Cindy St

APARTMENT HOUSE (5+ UNITS) • 4,404 SF
Value Estimation by Request
Cindy St, Penitas, TX 78576
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18202 Washington Palm Dr

18202 Washington Palm Dr

APARTMENT HOUSE (5+ UNITS) • 4,536 SF
Value Estimation by Request
18202 Washington Palm Dr, Penitas, TX 78576-8577
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18318 El Conejo Dr

18318 El Conejo Dr

APARTMENT HOUSE (5+ UNITS) • 4,264 SF
Value Estimation by Request
18318 El Conejo Dr, Penitas, TX 78576-8481
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1905 Mile 3rd Rd

1905 Mile 3rd Rd

APARTMENT HOUSE (5+ UNITS) • 9,104 SF
Value Estimation
$730,000
1905 Mile 3rd Rd, Penitas, TX 78576-2007
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Penitas, TX 78576

Penitas, TX 78576

APARTMENT HOUSE (5+ UNITS) • 4,374 SF
Value Estimation by Request
Penitas, TX 78576
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1902 Dogwood St

1902 Dogwood St

Multifamily properties
Value Estimation by Request
1902 Dogwood St, Penitas, TX 78576
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1502 Diamond Ave

1502 Diamond Ave

Multifamily properties • 1.01 Acres
Value Estimation by Request
1502 Diamond Ave, Penitas, TX 78576
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Penitas, TX Multifamily Properties Investment Opportunities Market Analysis

Explore 16 multifamily properties for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 10,164 square feet of properties for sale, with an estimated market value of $620,000.

Sale prices for multifamily properties in Penitas, TX start at $620,000, averaging $620,000, and reaching up to $620,000 — 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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