MULTIFAMILYRADAR
No photos yet
NewHigh yieldValue-add
$416,000

8-Unit Multifamily in Harlingen, TX

TX · listed Oct 29, 2026 (3 days)

Price per unit compared
This property$52K
Within ~40 mi (158)$89K
Texas median (1,062)$100K
$/unit
$52,000
▼ 48% vs TX · 6th pct
Cap rate
10%
▲ 2.7 pts vs TX median
NOI
$42K
$5,250/unit/yr
Units
8
 

Financials

Asking price
$416,000
Price per unit
$52,000
Price per sq ft
Not stated
Gross rent / year
$69,600avg rent × units
Net operating income
$42,000
NOI per unit
$5,250
Cap rate
10%
Gross yield
16.7%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
8
Unit mix
8 units — all 2 bed / 1 bath
Buildings
Not stated
Year built
Not stated
Building size
Not stated
Avg unit size
Not stated
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Oct 29, 2026
Days on market
3 days
On MultifamilyRadar
Nov 1, 2026
Last price change
Not stated
Location
City only
Listing #
2293

About this property

# **OFF-MARKET 8-UNIT — $52K A DOOR**

Cash flowing, remodeled 8-plex available now.

Harlingen, Texas

**8 units — all 2 bed / 1 bath**

**$416,000 ($52K/door)**

**NOI: $42,000/yr **

**Remodeled units**

**Avg rent: $725/mo**

**7 of 8 occupied — 1 vacancy = instant upside**

Lease up the vacant unit and you're adding roughly $8,700/yr in gross rent on top of current income. Turnkey, low-maintenance units in a tight, easy-to-manage 2/1 mix.

Deals at $52K a door with a 10% cap don't sit long.

**Proof of funds required**

📲 DM me to get the full package.

#RealEstateInvesting #Multifamily #CashFlow #OffMarket #WholesaleDeals #InvestmentProperty #RGV

Location

Somewhere in Harlingen. The exact address is shared on request.

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