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Exceptional value-add investment opportunity featuring a 17-unit multifamily property situated on approximately 2.5 acres, offering both immediate income potential and long-term upside. Several occupied units are currently rented below market rent, providing investors with the opportunity to increase cash flow through strategic rent adjustments as leases turn over. The property also includes 6 vacant units, creating an excellent opportunity for renovations to further enhance returns. With its expansive 2.5-acre site, there may be additional potential for future expansion or redevelopment, subject to buyer due diligence and any applicable local regulations. Whether you’re looking to grow your portfolio, reposition an underperforming asset, or capitalize on the property’s excess land, this is a rare chance to acquire a multifamily investment with multiple avenues for value creation. Don’t miss the opportunity to unlock the full potential of this unique income-producing property.

Property Details

Price:
$699,000
MLS #:
29777200
Status:
Active
Baths:
0
Type:
Multi Family
Listed Date:
Jun 16, 2026
Finished Sq Ft:
9,750
Lot Size:
108,900 sqft / 2.50 acres (approx)
Year Built:
1970
Brownsville I.s.d.GarzaBesteiroLopez

Schools

School District:
BROWNSVILLE I.S.D.
Elementary School:
GARZA
Middle School:
BESTEIRO
High School:
LOPEZ

Interior

Heating System
Other

Exterior

# Prkng Spcs
30.00
# Stories
One
Energy Features
None

Financial

Map

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