MULTIFAMILYRADAR
12-Unit Multifamily in Brownsville, TX, photo 11 / 18
Value-add
$640,000

12-Unit Multifamily in Brownsville, TX

Cameron County, TX · listed Mar 24, 2026 (218 days)

Price per unit compared
This property$53K
Within ~40 mi (53)$90K
Texas median (1,029)$100K
$/unit
$53,333
▼ 47% vs TX · 8th pct
Cap rate
—
 
Gross yield
—
 
Units
12
4 bldg · 1981

Financials

Asking price
$640,000
Price per unit
$53,333
Price per sq ft
$111
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
12
Unit mix
four 2-bedroom, 1-bath units and eight 1-bedroom, 1-bath units
Buildings
4
Year built
1981
Building size
5,758 sq ft
Avg unit size
480 sq ft
Lot size
1 acres
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Mar 24, 2026
Days on market
218 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1845

About this property

Multifamily Investment Opportunity | Brownsville, TX: NEW ROOF JUST INSTALLED MAY 2026 Income-producing 12-door multifamily complex located on S Central Avenue, offering strong accessibility to major employment, retail, and transportation corridors. The property consists of 12 total units, including four 2-bedroom, 1-bath units and eight 1-bedroom, 1-bath units, providing a balanced unit mix that supports broad tenant demand and stable occupancy. The site features mature trees, ample parking, and a metal storage shed suitable for maintenance or service use. This asset delivers immediate in-place cash flow with additional upside through operational improvements and rent optimization. Strategically located near Downtown Brownsville, UT Brownsville, Gladys Porter Zoo, and Valley Baptist Medical Center, with proximity to the airport, SpaceX, South Padre Island, and the International Border. T-12, Rent Roll, and Profit & Loss statements available upon request.

Multifamily | 12 Units

Location

Approximate area. The exact address is shared on request.

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