1 / 1117-Unit Multifamily in Brownsville, TX
TX · listed Jun 15, 2026 (135 days)
- $/unit
- $35,235
- ▼ 65% vs TX · 2nd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 17
- 1970
Financials
- Asking price
- $599,000
- Price per unit
- $35,235
- Price per sq ft
- $61
- 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
- 17
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1970
- Building size
- 9,750 sq ft
- Avg unit size
- 574 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 15, 2026
- Days on market
- 135 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2026
About this property
Exceptional value-add investment opportunity featuring a 17-unit multifamily property situated on approximately 2.5 acres, offering both immediate income potential and long-term upside. Several occupied units are currently rented below market rent, providing investors with the opportunity to increase cash flow through strategic rent adjustments as leases turn over. The property also includes 6 vacant units, creating an excellent opportunity for renovations to further enhance returns. With its expansive 2.5-acre site, there may be additional potential for future expansion or redevelopment, subject to buyer due diligence and any applicable local regulations. Whether you're looking to grow your portfolio, reposition an underperforming asset, or capitalize on the property's excess land, this is a rare chance to acquire a multifamily investment with multiple avenues for value creation. Don't miss the opportunity to unlock the full potential of this unique income-producing property.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Brownsville, TXValue-add | $640K | $53K$53K | — |
Brownsville, TXStabilized | $2.15M | $72K$72K | — |
Brownsville, TXValue-add | $775K | $39K$39K | — |
Brownsville, TXValue-add | $600K | $75K$75K | — |
Brownsville, TX | $1.3M | $186K$186K | — |
Brownsville, TXOwner financing | $2.4M | $100K$100K | — |





