MULTIFAMILYRADAR
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High yieldStabilized
$320,000

9-Unit Multifamily in Harlingen, TX

TX · listed Aug 7, 2026 (82 days)

Price per unit compared
This property$36K
Within ~40 mi (197)$83K
Texas median (1,196)$92K
$/unit
$35,556
▼ 61% vs TX · 8th pct
Cap rate
—
 
Gross yield
21.5%
 
Units
9
 

Financials

Asking price
$320,000
Price per unit
$35,556
Price per sq ft
Not stated
Gross rent / year
$68,700
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
21.5%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
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Aug 7, 2026
Days on market
82 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
City only
Listing #
2085

About this property

🚨 INVESTORS—STOP SCROLLING! 🚨

🏢 9-UNIT APARTMENT COMPLEX | $320,000 | HARLINGEN, TEXAS

Looking for an affordable multifamily investment with strong rental income, renovated units, professional management, and potential built-in equity?

This is one you need to see.

📍 Harlingen, TX

💰 Purchase Price: $320,000

🏦 Cash | Conventional Financing | DSCR Financing Available

🏢 PROPERTY HIGHLIGHTS

✅ 9 Total Units

  • 2 × 2-Bedroom Units
  • 4 × 1-Bedroom Units
  • 3 × Studio Units

✅ Approximately $5,725/month gross rental income ✅ Approximately $68,700/year gross rental income ✅ Renovated property ✅ Cash flow from Day 1 ✅ Professional management already in place ✅ Approximately $450,000 appraised value ✅ Attractive entry point for multifamily investors

💰 WHY YOU’LL LOVE THIS DEAL

✔️ Affordable entry into multifamily real estate

✔️ Strong rental income relative to the purchase price

✔️ Renovated—no major renovation project required

✔️ Multiple unit types help diversify the tenant base

✔️ Professional management already in place

✔️ Ideal for both experienced investors and first-time multifamily buyers

✔️ Significant potential value based on the approximately $450,000 appraisal

📈 FINANCING EXAMPLE

With a 25% down DSCR loan, the estimated down payment would be approximately $80,000, subject to lender approval, closing costs, and final loan terms.

At an estimated 8% interest rate with 30-year amortization, the projected monthly loan payment would be approximately $1,761/month.

That gives investors the opportunity to control a 9-unit multifamily property with approximately $80,000 in estimated down payment capital, before closing costs and reserves.

🔥 THE NUMBERS ARE WHAT MAKE THIS DEAL STAND OUT.

You’re acquiring 9 units, generating approximately $68,300 in annual gross rent, with renovations already completed, professional management in place, and an appraisal of approximately $450,000.

This is the type of property that can provide cash flow today while giving an investor room for future upside.

📩 WANT THE NUMBERS?

Comment “INFO” below or message me directly on WhatsApp:

📲 Send “9-PLEX” on WhatsApp and I’ll send you:

  • Rent Roll
  • Property Financials
  • Financing Projections
  • Additional Property Details

🚨 Serious investors only.

If you’ve been looking for an affordable way to get into multifamily real estate in Texas, this 9-unit property deserves a look.

📍 Harlingen, Texas

Location

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

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