1 / 10Stabilized
$535,000
5-Unit Multifamily in Mission, TX
TX · listed Feb 13, 2025 (622 days)
Price per unit compared
This property$107K
Within ~40 mi (152)$86K
Texas median (1,029)$100K
- $/unit
- $107,000
- ▲ 7% vs TX · 54th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 5 bldg · 2004
Financials
- Asking price
- $535,000
- Price per unit
- $107,000
- Price per sq ft
- $108
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- 2-bed, 2-bath units
- Buildings
- 5
- Year built
- 2004
- Building size
- 4,940 sq ft
- Avg unit size
- 988 sq ft
- Lot size
- 0.5 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Feb 13, 2025
- Days on market
- 622 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1651
About this property
Investment Opportunity: 5-Plex at 407 S Minnesota, Palmview, Mission This fully occupied 5-plex offers steady cash flow with 2-bed, 2-bath units. A solid, income-generating asset for investors seeking growth. All units are leased, ensuring immediate returns. The well-maintained property offers a tranquil environment with low tenant turnover, maximizing investment stability. Situated in a desirable area with easy access to local amenities, this 5-plex is an ideal addition to any real estate portfolio. Don’t miss out on this income-producing property.
Multifamily | 5 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mission, TX▼ 5% cutHigh yield | $525K | $58K$58K | 12.1%gy |
 Mission, TX▼ 4% cut | $460K | $46K$46K | — |
 Palmview, TXOwner financingNew construction | $975K | $81K$81K | — |
| Mission, TX | $450K | $90K$90K | — |
 Palmview, TX | $595K | $50K$50K | — |
 Palmview, TXStabilized | $495K | $62K$62K | — |