Investment opportunity in Harlingen! This 8-unit multifamily property offers an established income stream with significant value-add potential. The property consists of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Current rents vary across similar units, creating an opportunity for an investor to improve income as units turn over and rents are brought closer to market levels. With eight units already in place and producing income, this property offers an attractive opportunity for an investor looking to expand their multifamily portfolio in Harlingen. Conveniently located near shopping, restaurants, schools, and major thoroughfares.
Property Details
Price:
$395,000
MLS #:
29779049
Status:
Active
Baths:
0
Type:
Multi Family
Subdivision:
COWART, O A
Listed Date:
Aug 26, 2026
Finished Sq Ft:
1,926
Lot Size:
20,908 sqft / 0.48 acres (approx)
Year Built:
1961
Schools
School District:
HARLINGEN C.I.S.D.
Elementary School:
ZAVALA
Middle School:
MEMORIAL
High School:
HARLINGEN
Interior
Heating System
Other
Exterior
# Prkng Spcs
5.00
# Stories
Two
Building 1 # Units
4
Building 2 # Units
3
Building 3 # Units
1
Energy Features
None
Financial
Map
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1319 FIRST ST.
HARLINGEN, TX