MULTIFAMILYRADAR
17-Unit Multifamily in Brownsville, TX, photo 11 / 11
Value-add
$599,000

17-Unit Multifamily in Brownsville, TX

TX · listed Jun 15, 2026 (135 days)

Price per unit compared
This property$35K
Within ~40 mi (53)$90K
Texas median (1,029)$100K
$/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.

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