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High yieldValue-add
$325,000
9-Unit Multifamily in Harlingen, TX
TX · listed Aug 27, 2026 (62 days)
Price per unit compared
This property$36K
Within ~40 mi (159)$88K
Texas median (1,029)$100K
- $/unit
- $36,111
- ▼ 64% vs TX · 2nd pct
- Cap rate
- —
- Gross yield
- 16.1%
- Units
- 9
Financials
- Asking price
- $325,000
- Price per unit
- $36,111
- Price per sq ft
- Not stated
- Gross rent / year
- $52,488
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 16.1%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 9
- Unit mix
- Not stated
- 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
- Aug 27, 2026
- Days on market
- 62 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 1375
About this property
9-UNIT MULTIFAMILY | HARLINGEN, TX
$ Purchase Price: $325K
9 Units | 7 Currently Occupied
- Current Rent: $4,374/mo
$52,488 Annual Gross Rent
- Remaining 2 units being renovated & expected to be occupied within a week so rent will go up
Rents are currently below market as well
Location
Somewhere in Harlingen. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Harlingen, TXStabilized | $813K | $136K$136K | 8.4%gy |
 Harlingen, TXNew construction | $760K | $127K$127K | — |
 Harlingen, TXValue-add | $1.15M | $64K$64K | — |
 Harlingen, TX▼ 11% cut | $425K | $71K$71K | — |
 Harlingen, TXNew construction | $760K | $127K$127K | — |
 Harlingen, TXNew | $5.99M | $1.2M$1.2M | — |