MULTIFAMILYRADAR
6-Unit Multifamily in Harlingen, TX, photo 11 / 28
Stabilized
$813,000

6-Unit Multifamily in Harlingen, TX

TX · listed Sep 21, 2026 (37 days)

Price per unit compared
This property$136K
Within ~40 mi (158)$88K
Texas median (1,029)$100K
$/unit
$135,500
▲ 36% vs TX · 69th pct
Cap rate
—
 
Gross yield
8.4%
 
Units
6
2 bldg · 2003

Financials

Asking price
$813,000
Price per unit
$135,500
Price per sq ft
$138
Gross rent / year
$68,400
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
8.4%gross rent ÷ price
Occupancy
100%

As stated by the seller. Verify during due diligence.

Building

Units
6
Unit mix
2-bedroom, 2-bathroom
Buildings
2
Year built
2003
Building size
5,880 sq ft
Avg unit size
980 sq ft
Lot size
0.84 acres
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 21, 2026
Days on market
37 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1177

About this property

PORTFOLIO INVESTMENT OPPORTUNITY: Rare chance to acquire 3 contiguous, fully leased duplexes (6 total units) on Midlane Dr in Harlingen! Generating $68,400 in gross annual income ($5,700/mo combined total across 1801, 1805, and (address on request)), this 100% occupied portfolio offers instant, predictable cash flow. All units feature in-demand 2-bedroom, 2-bathroom floor plans with expansive private backyards, giving you a distinct leasing advantage over standard multi-family properties. Positioned just minutes from I-2 and I-69E for effortless management of all 6 side-by-side units. Prime acquisition for portfolio growth or a 1031 exchange replacement property!

Multifamily | 6 Units

Location

Approximate area. The exact address is shared on request.

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