
8-Unit Multifamily in Harlingen, TX
TX · listed Aug 26, 2026 (63 days)
- $/unit
- $49,375
- ▼ 46% vs TX · 12th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 1961
Financials
- Asking price
- $395,000
- Price per unit
- $49,375
- Price per sq ft
- $205
- 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
- 8
- Unit mix
- seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit
- Buildings
- Not stated
- Year built
- 1961
- Building size
- 1,926 sq ft
- Avg unit size
- 241 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 26, 2026
- Days on market
- 63 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1998
About this property
Investment opportunity in Harlingen! This 8-unit multifamily property offers an established income stream with significant value-add potential. The property consists of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Current rents vary across similar units, creating an opportunity for an investor to improve income as units turn over and rents are brought closer to market levels. With eight units already in place and producing income, this property offers an attractive opportunity for an investor looking to expand their multifamily portfolio in Harlingen. Conveniently located near shopping, restaurants, schools, and major thoroughfares.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Harlingen, TXNew▼ 13% cut | $350K | $39K$39K | — |
▼ 11% cut | $425K | $71K$71K | — |
| Harlingen, TX High yieldStabilized | $320K | $36K$36K | 21.5%gy |
Harlingen, TXHigh yieldValue-add | $190K | $27K$27K | 28.8%gy |
| Harlingen, TX | $350K | $39K$39K | — |
Harlingen, TX▼ 3% cut | $680K | $97K$97K | — |


