MULTIFAMILYRADAR
This property is no longer available. Similar buildings are listed below.
5-Unit Multifamily in Mercedes, TX, photo 1
Value-add
$180,000

5-Unit Multifamily in Mercedes, TX

Hidalgo County, TX · listed Aug 7, 2026 (82 days)

Price per unit compared
This property$36K
Within ~40 mi (167)$88K
Texas median (1,029)$100K
$/unit
$36,000
▼ 64% vs TX · 2nd pct
Cap rate
0%
▼ 7.3 pts vs TX median
Gross yield
—
 
Units
5
2 bldg · 1996

Financials

Asking price
$180,000
Price per unit
$36,000
Price per sq ft
$45
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
0%
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
5
Unit mix
Not stated
Buildings
2
Year built
1996
Building size
4,044 sq ft
Avg unit size
809 sq ft
Lot size
0.2 acres
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Aug 7, 2026
Days on market
82 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1342

About this property

2 spacious homes Duplex for investors. Unit one is 3 story Center block/concrete strong built and is split up into 4 units fully equipped with 4 kitchens, 4 bathrooms, and 4 separate bedrooms; all share one electricity meter with paid for solar panels and one water meter. This home is great to lease out separate units or for large family with in-laws or grown children that can have their own private place, or possibly rent out. Unit 2 is a 4 bedroom 2 bath wood frame home on piers, with separate fence and driveway large enough for 4-5 vehicles each unit. All livable except it does need lots of cosmetic repairs/improvements and proper Central Air systems which all cash is preferred. The larger Concrete Unit was started in 1996 and finished in 2021 and the smaller frame wood was built in 1970 as per Hidalgo County appraisal district. Schedule your showings today.

Multifamily complex close to Interstate Hwy.

Location

Approximate area. The exact address is shared on request.

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