McAllen, TX Multifamily Homes & Duplexes for Sale

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  /28

  $535,000

  • 4,320 Sq Ft

  905 E Myrtle Beach Ave, McAllen, TX 78503

  7.6% CAP RATE | Fully Stabilized Fourplex. Turnkey income opportunity in The Heights at McColl, one of central McAllen's most desirable rental pockets. All four units are leased and performing, delivering immediate, predictable cash flow with proven tenant demand and minimal vacancy risk. Each unit is individually metered for electric and water, keeping utility costs off the owner's ledger and

  

  Victor Fuentes

  Big Realty

  905 E Myrtle Beach Ave, McAllen, TX 78503
• Explore McAllen

• 

  

  

  /19

  $645,000

  • 4,216 Sq Ft

  1304 E Hibiscus Ave, McAllen, TX 78501

  Exceptional Fourplex Investment Opportunity – 10 Beds | 8 Baths | 4 Modern Units Situated in a great location, the property offers the perfect combination of modern living, functionality, and strong income potential. Contemporary finishes, stylish kitchens with stainless steel appliances, spacious open layouts, and in-unit laundry for maximum tenant convenience, that provide comfort, privacy, and

  

  Angela Navarrete

  Keller Williams Realty Rgv

  1304 E Hibiscus Ave, McAllen, TX 78501
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  /11

  $525,000

  $50K PRICE DROP

  • 6,992 Sq Ft

  11112 N 29th St, McAllen, TX 78504

  Great Investment Opportunity! Featuring 10 Units in a 2 Building Apartment setting in the Sharyland School District! 7 Units have 2 BRs, 1 Bath, 1 Unit is 1 Br/1Bath and there are 2 Efficiency Units with a small Kitchenette, 1 BR/1Bath-All this on a 1/2 Acre Lot located in NW McAllen! All units are Occupied. PLEASE NOTE THAT THES APARTMENTS ARE ON SEPTIC TANKS. THEY DO HAVE ACCESS TO BE HOOKED UP

  

  Hector Guerra

  Re/Max Hacienda

  11112 N 29th St, McAllen, TX 78504
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  /45

  $455,000

  $5K PRICE DROP

  • 3,024 Sq Ft

  2208 Galveston Ave, McAllen, TX 78501

  Beautiful Modern Triplex / Prime Investment Opportunity! This well-maintained triplex built in 2023 offers 3 identical units, each featuring 3 bedrooms, 2 baths, and 1,008 sf of living space (totaling 3,024 sf for the entire property). Each unit boasts modern finishes including quartz counters in the kitchen & baths, stylish tiled backsplash, tiled shower walls, ceiling fans, and tiled flooring

  

  Joe Aguilar Jr.

  Big Realty

  2208 Galveston Ave, McAllen, TX 78501
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  /15

  $632,500

  • 5,472 Sq Ft

  1201 E Camellia Ave, Mc Allen, TX 78501

  Exceptional Fourplex Investment Opportunity – 8 Beds | 8 Baths | 4 Modern Units – Prime Location & Strong Income Potential. Don’t miss this rare chance to acquire a turnkey fourplex in one of the city’s most desirable and high-demand neighborhoods. Featuring 8 bedrooms and 8 bathrooms across 4 separate, thoughtfully designed units, this property offers a perfect blend of modern style,

  

  Gema Hernandez

  Candela Realty Llc

  1201 E Camellia Ave, Mc Allen, TX 78501
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  /5

  $325,000

  • 2,768 Sq Ft

  1721 N 11th St, Mc Allen, TX 78501

  This is not just any investment property in McAllen. This is over 100 years of heritage providing hospitality, profitable business and later, homes to countless in the McAllen region. Believed to be originally the Annex of the McAllen Hotel located on Business 83 and Main Street, the building was relocated to 11th and Redwood and converted to four 1 bedroom, 1 bath efficiency apartments. Encased

  

  Myssie Cardenas-Barajas

  Marcus Phipps Real Estate Llc

  1721 N 11th St, Mc Allen, TX 78501
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  /16

  $550,000

  $50K PRICE DROP

  • 1,351 Sq Ft

  6700 N 8th St, McAllen, TX 78504

  FOR SALE! 6700 N 8th Street McAllen TX 78504! Beautifully built 4-Plex Featuring 2 Units with 3 Bedrooms/ 2 Bathrooms & 2 Units with 2 Bedrooms/2 Bathrooms, each with 2 Car Covered Spaces. These units are in the most desirable neighborhood of Robin Village just off 10th St & Martin Ave( behind the HEB on 10th & Trenton)! This neighborhood features the best area schools, shopping and access to all

  

  Hector Guerra

  Re/Max Hacienda

  6700 N 8th St, McAllen, TX 78504
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  /10

  $560,000

  • 4,740 Sq Ft

  1316 E Camellia Ave, McAllen, TX 78501

  Great investment property! This Fourplex is 100% rented, open concept floorplan. Every unit features 2 bedrooms, 2.5 baths, ample storage with large closets, includes all appliances as well as washer and dryer, private patios, front, and 2 carport spaces per unit located in the rear. Great location near schools, shopping centers and restaurants. The community offers a gated entrance, gated pool.

  Lauren Gonzalez Magnolia Rentals, Inc.

  1316 E Camellia Ave, McAllen, TX 78501
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  /14

  $415,000

  • 3,772 Sq Ft

  6701 N 7th St, McAllen, TX 78504

  Well-maintained 4-plex for sale in McAllen! This income-producing property features four units, each offering 2 bedrooms and 2 bathrooms with a functional and comfortable layout. Three of the four units are currently leased, providing immediate rental income and strong investment potential. Recent upgrades include newly replaced A/C units and a new roof, adding value and reducing future

  Diana Ayala Imperio Real Estate Llc

  6701 N 7th St, McAllen, TX 78504
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  /7

  $330,000

  $20K PRICE DROP

  • 3,286 Sq Ft

  2817 N 31st St, McAllen, TX 78501

  Prime property presents a remarkable investment opportunity ideal for seasoned portfolios, first time buyers, or anyone seeking a high value asset. Situated in a fantastic, highly accessible McAllen neighborhood, the location offers proximity to local dining, retail hubs, and excellent schools. Whether your goal is generating steady rental income, executing a profitable flip, or establishing a

  Boone Tyson Tnt Real Estate

  2817 N 31st St, McAllen, TX 78501
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  /10

  $1,130,000

  $10K PRICE DROP

  • 7,632 Sq Ft

  1108 W Fern Ave, Mc Allen, TX 78501

  Prime 12-unit investment property in central McAllen, ideally situated at 10th and Fern behind BMW. Each unit offers a 1-bedroom, 1-bath design, complemented by an on-site laundry facility. Tenants enjoy the convenience of being within walking distance to H-E-B, restaurants, and a variety of nearby amenities. With its unbeatable location and consistent rental appeal, this property is an excellent

  Jaime Lee Gonzalez Keller Williams Realty RGV

  1108 W Fern Ave, Mc Allen, TX 78501
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  /16

  $535,000

  • 3,996 Sq Ft

  11504 N 25th St, McAllen, TX 78504

  New Construction Fourplex in a Prime Edinburg Location by UTRGV! This modern, movein ready investment property offers an exceptional opportunity in one of Edinburg's most sought-after rental corridors. The property features four well-designed units, each equipped with a full appliance package including washer, dryer, refrigerator, stove, and microwave. Interior highlights include quartz

  Vanessa Perez The Firm Real Estate Co. Llc

  11504 N 25th St, McAllen, TX 78504
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  /15

  $389,000

  • 3,343 Sq Ft

  613 S 12th St, McAllen, TX 78501

  Prime investment opportunity in the heart of Downtown McAllen. This fully occupied 6-unit multifamily property delivers strong, stable income with nearly $4,000/month in rents and an estimated 7.7% cap rate at the current asking price. Located in the desirable 78501 zip code, this property sits just minutes from 10th St and Expressway 83, offering excellent accessibility for tenants and

  Erasmo Arjona Re/Max Elite

  613 S 12th St, McAllen, TX 78501
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  /12

  $450,000

  • 4,200 Sq Ft

  2800 N 30th St, McAllen, TX 78501

  Excellent value-add investment opportunity in the heart of McAllen, TX. This 6-unit multifamily property consists of two, 3-plex buildings and is currently cash-flowing with all appliances included, making it a turnkey asset. With minimal improvements, investors can unlock higher rental rates and increased returns, enhancing an already strong income stream. All units are 1 bedroom / 1 bathroom

  Aurora Trevino Aurora International Real Estate

  2800 N 30th St, McAllen, TX 78501
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  /32

  $675,000

  • 4,008 Sq Ft

  502 N 15th St, McAllen, TX 78501

  Renovated 5 unit apartment complex in Historic Palm District!! On the corner of 15th St. and Ebony in prime downtown location of McAllen!! The Seller has invested in many upgrades and improvements including but not limited to electrical, exterior stucco refinish and paint, new a/c mini splits on each apartment. Water/Trash included in the rent. There is a potential to raise rents in all units.

  Noe Lopez Re/Max Rgv Commercial Group

  502 N 15th St, McAllen, TX 78501
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  /20

  $345,000

  • 1,960 Sq Ft

  4225 Heron Ave, McAllen, TX 78504

  TWO condos together in North McAllen gated community with unique common area. Stove, refrigerator and microwave, washer and dryer included! With dishwasher prep! Every unit has an individual water and electric meter and trash service by the tenant. Keep the 2 units or deed them separately, great for owner finance. Must see this great opportunity. HOA is $160 per unit and includes gate- common

  Irene Uribe Texas Landmark Realty Llc

  4225 Heron Ave, McAllen, TX 78504
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  /20

  $1,250,000

  • 11,700 Sq Ft

  2709, 2713 & 2800 N 30th St, McAllen, TX 78501

  Excellent value-add investment opportunity in the heart of McAllen, TX. This 18-unit multifamily property consists of six, 3-plex buildings and is currently cash-flowing with all appliances included, making it a turnkey asset. With minimal improvements, investors can unlock higher rental rates and increased returns, enhancing an already strong income stream with gross annual income potential to

  Aurora Trevino Aurora International Real Estate

  2709, 2713 & 2800 N 30th St, McAllen, TX 78501
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  /8

  $300,000

  $30K PRICE DROP

  • 3,020 Sq Ft

  906 N 29th St, McAllen, TX 78501

  Rare income-producing triplex in one of Mcallen's most strategic locations- directly across from South Texas College. Currently generating $1,850/month with two leases on place and immediate upside to $2,800 at full market rents. Unit 1 offers a 3 bed/ 1 bath at $1,200/month. Unit 2 is a 2bed/1 bath currently at $650 with market rent potential of $800.Unit 3 is a vacant 2bed/1 bath ready to

  LuLu Resendez Pinnacle Realty Advisors

  906 N 29th St, McAllen, TX 78501
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  /18

  $450,000

  $15K PRICE DROP

  • 4,480 Sq Ft

  6509 N 8th St, McAllen, TX 78504

  Well-maintained and fully occupied 4-plex located in the desirable and growing north side of McAllen. All four units are currently leased, providing immediate and stable rental income from day one. Each unit offers 2 bedrooms and 2 bathrooms with a functional and comfortable layout. Interiors feature durable tile flooring, neutral finishes, spacious bedrooms, and dedicated indoor laundry areas.

  Christopher Villarreal Imperio Real Estate Llc

  6509 N 8th St, McAllen, TX 78504
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  /20

  $528,000

  $11K PRICE DROP

  • 4,156 Sq Ft

  4725 Mulberry Ave, McAllen, TX 78501

  Location, location, location! Looking for your next fourplex investment in an amazing area, within the Sharyland ISD school district? Check out this property. Currently, two units are available to view — schedule a showing today! This corner-lot property checks all the boxes and won’t last on the market.

  Kevin Joseph Martinez Monarca Real Estate Group Llc

  4725 Mulberry Ave, McAllen, TX 78501
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  /9

  $699,000

  • 6,486 Sq Ft

  417 N 28th St, McAllen, TX 78501

  Great investment opportunity located blocks from South Texas college & the McAllen convention center. This complex consists of 8 spacious two-story units with 2 bedrooms and 1.5 baths each.

  Ronnie Esparza Realty Executives Rgv

  417 N 28th St, McAllen, TX 78501
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  /6

  $415,000

  • 4,480 Sq Ft

  6520 N 7th St, McAllen, TX 78504

  Great investment opportunity in McAllen! This well-maintained 4-plex features four units, each offering 2 bedrooms and 2 bathrooms, with a refrigerator and stove included in every unit. The property is fully leased, providing immediate rental income and strong cash flow potential. Built with a durable brick exterior and a low-maintenance design, this property is ideal for investors seeking a

  Diana Ayala Imperio Real Estate Llc

  6520 N 7th St, McAllen, TX 78504
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  /15

  $600,000

  • 5,502 Sq Ft

  3005 S K Center St, McAllen, TX 78503

  Prime McAllen multi-family investment property featuring 4 units, each offering 3 bedrooms and 3 baths with a generous open-concept layout. Excellent location near La Plaza Mall, shopping, and major conveniences. Great investment opportunity!

  Jaime Lee Gonzalez Keller Williams Realty RGV

  3005 S K Center St, McAllen, TX 78503
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  /19

  $345,000

  • 2,200 Sq Ft

  11004 N 27th St, McAllen, TX 78504

  Secure early equity in one of North McAllen’s fastest-growing areas. This new construction duplex offers two 3 bed, 2 bath units with strong rental projections and long-term appreciation potential. Prime location near Tres Lagos, major retailers, restaurants, and medical centers supports high occupancy and rent stability. Features include private patios, stainless steel appliances, pantry space,

  Irene Uribe Texas Landmark Realty Llc

  11004 N 27th St, McAllen, TX 78504
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  /18

  $560,000

  $39K PRICE DROP

  • 5,400 Sq Ft

  2300 N 32nd St, McAllen, TX 78501

  Investment opportunity in McAllen featuring eight spacious units, each with 2 bedrooms and 1 bathroom. The property offers potential for updates and improvements that may support increased rental income. Conveniently located near major roadways, schools, shopping, and dining, providing easy access to nearby amenities. A strong option for investors looking to expand their portfolio with a

  Osiel Garcia Imperio Real Estate Llc

  2300 N 32nd St, McAllen, TX 78501
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  /12

  $549,900

  $10K PRICE DROP

  • 3,900 Sq Ft

  1428 E Iris Ave, McAllen, TX 78501

  Multi-family investment opportunity located at 1428 Iris Ave, McAllen, TX! Built in 2023, this modern four-unit property features an excellent unit mix with two spacious 3-bedroom, 2-bath units and two comfortable 2-bedroom, 2-bath units. Each apartment offers a sleek contemporary design with high ceilings, open-concept layouts, elegant quartz countertops, modern cabinetry, stylish finishes, and

  Roberto Leal Imperio Real Estate Llc

  1428 E Iris Ave, McAllen, TX 78501
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  /12

  $520,000

  • 4,012 Sq Ft

  3305 Frio Ave, McAllen, TX 78504

  Newer fourplex opportunity in McAllen,TX. Unit mix includes two 3 bedroom and two 2 bedroom units. Interiors feature tile flooring, granite countertops.

  Dean Chan Global Realty

  3305 Frio Ave, McAllen, TX 78504
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  /17

  $515,000

  • 3,832 Sq Ft

  3504 Fuerte Ave, McAllen, TX 78504

  Modern & Elegant Fourplex For Sale – McAllen, TX Discover an exceptional investment opportunity with this beautifully designed fourplex located in one of McAllen’s desirable neighborhoods. Each unit offers modern finishes, low-maintenance appeal, and strong rental potential—perfect for investors seeking quality and long-term value. Unit # 1 is used as an airbnb• 2 Bedrooms / 2 Bathrooms per

  Jenny Avellaneda Effective Real Estate

  3504 Fuerte Ave, McAllen, TX 78504
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  /12

  $740,000

  • 5,901 Sq Ft

  11003 N 36th Ln, McAllen, TX 78504

  Exceptional income-producing opportunity in North McAllen! This well-constructed sixplex offers strong, diversified cash flow potential in a high-demand rental market.Five long-term rental units, one unit operating as a short-term rental (Airbnb), generating approximately $1,500/month, providing an immediate value-add component and increased revenue flexibility.All units are fully

  Jenny Avellaneda Effective Real Estate

  11003 N 36th Ln, McAllen, TX 78504
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  /24

  $565,000

  $50K PRICE DROP

  • 4,320 Sq Ft

  5709 Sandpiper Ave, McAllen, TX 78504

  Stunning modern four-plex located in the highly desirable Sharyland ISD within the gated multi-family community. Each of the four units offers 3 bedrooms and 2 bathrooms with a thoughtfully designed open-concept. Interior features include ceramic tile, custom cabinetry, granite countertops, and kitchens with oversized islands and abundant storage.Each unit boasts generously sized bedrooms

  Adalberto Arguelles Coldwell Banker La Mansion

  5709 Sandpiper Ave, McAllen, TX 78504
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  /9

  $565,000

  $55K PRICE DROP

  • 4,500 Sq Ft

  1408 E Iris Ave, McAllen, TX 78501

  Modern fourplex in a gated community with controlled access. The property consists of two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units, providing an ideal mix for strong rental demand.Each unit features a modern design and comes fully equipped with washer, dryer, microwave, stove, and refrigerator. Contemporary finishes, functional layouts, and quality construction make this a

  Denyss Alanis Blue Diamond Realty Group Llc

  1408 E Iris Ave, McAllen, TX 78501
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  /29

  $490,000

  • 4,050 Sq Ft

  3500 Ventura Ave, Edinburg, TX 78541

  This fourplex in a gated subdivision presents an exceptional investment opportunity in a highly sought-after location. Situated just off Highway 107 and Ware Road, the property is conveniently close to UTRGV, Texas A&M in McAllen, IDEA Public Schools, as well as parks, shopping centers, and dining options. Its prime location offers unmatched convenience and accessibility for tenants. Each

  Bryanna Hernandez Imperio Real Estate Llc

  3500 Ventura Ave, Edinburg, TX 78541
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  /14

  $525,000

  • 3,952 Sq Ft

  12720 N 33rd Ln, McAllen, TX 78504

  Exceptional investment opportunity to own a newly built(2024) 4-plex in a desirable gated community just minutes from Highway 107, Ware Road, UTRGV, top-rated schools, shopping, dining, and more. This property offers a unit mix of two spacious 3-bed, 2-bath units and two well-appointed 2-bed, 2-bath units, creating broad rental appeal and strong income potential. Each unit features a modern

  Robert De Leon Housekey Realty

  12720 N 33rd Ln, McAllen, TX 78504
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  /17

  $560,000

  3704 Ventura Ave, McAllen, TX 78504

  This brand-new, gated fourplex subdivision presents an exceptional investment opportunity in a highly sought-after location. Situated just off Highway 107 and Ware Road, the property is conveniently close to UTRGV, Texas A&M in McAllen, IDEA Public Schools, as well as parks, shopping centers, and dining options. Its prime location offers unmatched convenience and accessibility for tenants. Each

  Bryanna Hernandez Imperio Real Estate LLC

  3704 Ventura Ave, McAllen, TX 78504
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  /5

  $385,000

  • 3,384 Sq Ft

  2904 Highland Ave, McAllen, TX 78501

  Investment Opportunity in the Heart of McAllen! Well-maintained 4-plex located at 2904 Highland Ave offering strong rental potential and a proven steady rental history. All four units are currently leased, providing immediate and consistent cash flow from day one—a true turnkey investment opportunity. Each unit is individually metered for electricity, while the property operates on a single water

  Cecilia Olivarez Hch Realty

  2904 Highland Ave, McAllen, TX 78501
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  /14

  $399,000

  • 4,088 Sq Ft

  301 N 28th St, McAllen, TX 78501

  Fully leased, well kept 4-plex located at 301 N 28th St, McAllen, Tx. Each of the four units features 3 bedrooms, and 2 Bathrooms, rented at $1000 per month, generating a total monthly income of $4,000. The property offers a steady cash flow and a strong investment opportunity in a high demand rental market, Conveniently situated near geat schools , shopping and dining centers, and major

  Marcelino Gonzalez Loaded Realty Company

  301 N 28th St, McAllen, TX 78501
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  /16

  $1,200,000

  • 13,939 Sq Ft

  4113 N 24th Ln, McAllen, TX 78501

  Take a look at this great 8 unit multi family property. This is a perfect investment located in a prime location in Mcallen, Texas. 4 apartments are available for rent. 2 units rent at $900 and 2 units with balcony at $950.

  Jisella Ortiz Monarca Real Estate Group Llc

  4113 N 24th Ln, McAllen, TX 78501
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  /45

  $549,500

  $50K PRICE DROP

  • 3,964 Sq Ft

  602 N 11th St, McAllen, TX 78501

  How often do you come across a property that captures the timeless character only a century-old home can offer, while also delivering the income potential of a triplex-all just steps from vibrant N 10th Street? This one-of-a-kind property truly stands out. The main residence welcomes you with an inviting open-concept floor plan, showcasing original hardwood floors, gas appliances, and stunning

  Zacarias Guerra Ursa Real Estate

  602 N 11th St, McAllen, TX 78501
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  /26

  $525,000

  • 4,004 Sq Ft

  11307 N 24th Ln, McAllen, TX 78504

  A new construction fourplex in the heart of North Mcallen Texas situated in the 78504 at the epicenter of it all of the valley's innovation......with all 3 bed units, appliances installed, fenced....this will be a turnkey ready masterpiece upon completion and will make for the perfect investment or residence. The numbers don't lie, the style is sophisticated and the "wow" factor of this property

  Nash Buxani Winners Circle

  11307 N 24th Ln, McAllen, TX 78504
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  /5

  $689,000

  $10K PRICE DROP

  • 7,200 Sq Ft

  317 N 28th St, McAllen, TX 78501

  High-Cashflow 8-Unit Multifamily | Fully Renovated | $80K+ Annual Income Discover this turnkey 8-unit investment property in the heart of McAllen, TX, delivering strong, stable cashflow exceeding $80,000 per year. Each unit offers 2 bedrooms and 1 bathroom, featuring fully renovated interiors with new kitchens, modern flooring, updated showers, and all-new systems throughout — ensuring minimal

  Alejandro (Alex) Lopez Capital Advisors Real Estate Group

  317 N 28th St, McAllen, TX 78501

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Why Live in McAllen

McAllen's rich cultural scene centers around the 17th Street Entertainment District, where locals gather for nightlife and dining at acclaimed restaurants like SALT New American Table and Santa Fe Steakhouse & Cantina. The 33-acre McAllen Nature Center provides walking trails and prime bird watching opportunities, with over 540 species of birds making this region one of North America's top birding destinations. La Plaza Mall stands as South Texas' premier shopping destination with more than 150 stores, while the McAllen Performing Arts Center hosts Broadway shows and symphony performances throughout the year.

Single-family homes in McAllen have a median price of $290,000, while condos range from $132,000 for one bedroom units to $160,000 for two bedrooms. Townhomes command a median price of $365,000. The current housing market includes approximately 700 homes for sale, with prices spanning from $140,000 to $1,349,000.

McAllen's cost of living sits 15.5% below the national average. A family with school-age children needs approximately $90,000 annually to live comfortably, while renters require about $46,000. Property taxes in Hidalgo County stand at 1.76%, and Texas residents pay no state income tax. The 8.20% combined sales tax includes a 6.25% state rate plus 1.95% local tax. Daily expenses remain affordable, with gasoline at $2.842 per gallon, 12% below the national average. The semi-tropical climate features mild winters rarely below 40°F and summer temperatures in the mid-90s°F, with 22 inches of annual rainfall. South Texas College serves as the area's primary higher education institution.

Learn more about living in McAllen

Home Prices in McAllen, TX

The median home sale price in McAllen, TX is $360,000, down 7% year-over-year. Homes in McAllen sell in 92 days on average, compared to the national average of 57 days.

Home Price Trends

Median Sale Price $360,000	Median Single Family Sale Price $358,995
Median Townhouse Sale Price $495,350	Median 2 Bedroom Sale Price $199,250
Average Price Per Sq Ft $171	Number of Homes for Sale 149
Last 12 months Home Sales 139	Months of Supply 12.90
Median List Price $365,990	Median Change From 1st List Price 0%
Median Home Sale Price YoY Change -7%