New
$550,000
17-Unit Multifamily in Odessa, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$32K
Within ~40 mi (8)$150K
Texas median (1,196)$92K
- $/unit
- $32,353
- ▼ 65% vs TX · 7th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 17
- 2015
Financials
- Asking price
- $550,000
- Price per unit
- $32,353
- Price per sq ft
- $85
- 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
- 2015
- Building size
- 6,500 sq ft
- Avg unit size
- 382 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1068
About this property
Highlights
- Located in a high-demand area near major energy and industrial employers.
- Property has a spacious living room, a fully equipped kitchen
- Close proximity to Interstate I-20.
- Great investment opportunity with revenue growth.
- Built in 2015 with modern systems and durable construction.
- Property Flyers
- 12715_W3rd_Flyer
- Public Transportation
- Airport
- Drive
- Walk
- Distance
- Midland International Air And Space Port
- 33 min
- -
- 24.5 mi
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Odessa, TX | $800K | $89K$89K | 0% |
 Odessa, TX▼ 6% cutHigh yieldStabilized | $1.5M | $250K$250K | 10.3% |
 Odessa, TXNew | $2.28M | $99K$99K | — |
 Odessa, TXNewOwner financingHigh yield | $1.8M | $40K$40K | 8.8% |
 Monahans, TXNew construction | $4.4M | $200K$200K | — |
 Monahans, TXNew construction | $2.45M | $204K$204K | — |