
8-Unit Multifamily in Mcallen, TX
TX · listed Jun 20, 2026 (130 days)
- $/unit
- $87,500
- ▼ 5% vs TX · 46th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 1980
Financials
- Asking price
- $700,000
- Price per unit
- $87,500
- Price per sq ft
- $94
- 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
- All of the units are 2 bedroom 2 bath
- Buildings
- Not stated
- Year built
- 1980
- Building size
- 7,440 sq ft
- Avg unit size
- 930 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Available
Listing
- Listed
- Jun 20, 2026
- Days on market
- 130 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1104
About this property
Investor alert!! This 8 unit multi family property is located just down the street from 10th st and La Plaza Mall. La Plaza Mall is the premier shopping destination in the Rio Grande Valley and features over 1,300,000 square feet of upscale and mainstream retail space. All of the units are 2 bedroom 2 bath, and have been extensively remodeled with new windows, door hardware, cabinets, counter tops, tile, recessed lighting, trim, and ceiling fans throughout. Don't miss this opportunity to purchase a property with an outstanding location and great income potential! Seller financing available!
Multi-family
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Stabilized | $379K | $63K$63K | 7.7% |
Stabilized | $520K | $65K$65K | 7% |
Stabilized | $765K | $96K$96K | — |
Value-add | $675K | $135K$135K | — |
Mcallen, TXOwner financingHigh yieldVacant | $700K | $88K$88K | 8.8% |
Mcallen, TXHigh yieldStabilized | $449K | $90K$90K | 12.4% |

