Mercedes, TX Multifamily Homes & Duplexes for Sale

/9
$219,000
- 1,370 Sq Ft
837 Heidrick Ave, Mercedes, TX 78570

Looking to expand your investment portfolio? CAP RATE 9.6% at 900 per month rent each unit. This brand new duplex is fully leased and ready to provide immediate rental income. Perfect for investors seeking a turnkey property. Each unit enjoys its own private outdoor space.Open-concept kitchen and living area for a spacious feel, brand new stainless steel appliances, granite countertops, and

Margiee Fender

Medina Real Estate - Weslaco

(956) 903-2475

837 Heidrick Ave, Mercedes, TX 78570
Explore Mercedes
/17
$160,000
- 1,366 Sq Ft
544 Garcia Ave, Mercedes, TX 78570

Welcome to 544 Garcia Ave. in Mercedes,TX this 1 bedroom 1 bath duplex is located just seconds from IH2, close to the Premium outlets and the lifestock show. No Owner financing available at this time. Live in one and rent out the other add to your real estate portfolio and or rent both units. Unit A is 1 bed / 1 bath unit B is 2 bedroom / 1 bath. They have 2 electric meters and 1 water meter.

Margiee Fender

Medina Real Estate - Weslaco

(956) 752-7555

544 Garcia Ave, Mercedes, TX 78570
/21
$415,000
- 3,132 Sq Ft
1046 Hidalgo St, Mercedes, TX 78570

Introducing a great investment opportunity in a prime Mercedes location! This exceptional fourplex features two units featuring 2 bedrooms and 2 bathrooms as well as two units with 1 bedroom and 1 bathroom with all kitchen appliances included. The interiors showcase beautiful wood-look tile flooring, elegant quartz countertops, and modern elegant fixtures. Each unit also includes a dedicated

Arasely Esquivel Exp Realty Llc

1046 Hidalgo St, Mercedes, TX 78570
/7
$45,000
- 2 Beds
- 2 Baths
- 1,100 Sq Ft
10922 Compadres St, Mercedes, TX 78570

Duplex on property is of no value. The lot, which is 60 x 120 is what is being sold. Seller is selling AS IS. He also owns the lot next to this one and would make a great lot to build a lovely home. Both properties are to be sold at the same time. He will look at all reasonable offers.

Elena Thomson Star Properties Real Estate

10922 Compadres St, Mercedes, TX 78570
/34
$1,025,000
- 12,880 Sq Ft
105 E 10th St, Mercedes, TX 78570

A great time to add cash flow with a multifamily 16 units with onsite laundry facilities generating additional income to yourportfolio. As of march 28 2025 only two units are vacant ,The five buildings sit on 1 acre (+/-) plenty of parking spaces in the middle of downtown Mercedes.All apartments are 2 bedrooms 1 bath units. Roof was replaced in 2019, The property is conveniently close

idan zur Fortune Realty Llc

105 E 10th St, Mercedes, TX 78570
/20
$470,000
- 4,260 Sq Ft
1010 E Starr St, Mercedes, TX 78570

New Fourplex located seconds away from Expressway and minutes away from the Rio Grande Valley Premium Outlets!! Modern open concept floorplan with wood like tile throughout. Kitchen with custom ceiling high cabinets with modern quartz and island with lots of cabinet space. Spacious bedrooms with large closets. Large master bedroom with large bathroom and large closet. All units have their own

Bryanna Hernandez Imperio Real Estate Llc

1010 E Starr St, Mercedes, TX 78570
/24
$470,000
- 4,050 Sq Ft
1014 E Starr St, Mercedes, TX 78570

New Fourplex located seconds away from Expressway and minutes away from the Rio Grande Valley Premium Outlets!! Modern open concept floorplan with wood like tile throughout. Kitchen with custom ceiling high cabinets with modern quartz and island with lots of cabinet space. Spacious bedrooms with large closets. Large master bedroom with large bathroom and large closet. All units have their own

Bryanna Hernandez Imperio Real Estate Llc

1014 E Starr St, Mercedes, TX 78570
/10
$223,000
- 1,664 Sq Ft
860 Florida St, Mercedes, TX 78570

**Exceptional Duplex Opportunity! Your Ideal Investment Awaits!** Welcome to your prime duplex! This property is not just a home; it's a smart investment opportunity set in a great neighborhood. With a brand-new roof, new central air systems, and new updated floors this duplex offers both comfort and style. **New Roof, New Central Air:** Enjoy worry-free living with the assurance of a

Ramiro Ramirez Exp Realty Llc

860 Florida St, Mercedes, TX 78570
/23
$470,000 New Construction
- 4,050 Sq Ft
1014 E Starr St, Mercedes, TX 78570

New Fourplex located seconds away from Expressway and minutes away from the Rio Grande Valley Premium Outlets!! Modern open concept floorplan with wood like tile throughout. Kitchen with custom ceiling high cabinets with modern quartz and island with lots of cabinet space. Spacious bedrooms with large closets. Large master bedroom with large bathroom and large closet. All units have their own

Bryanna Hernandez Imperio Real Estate

1014 E Starr St, Mercedes, TX 78570

Texas Hidalgo County Mercedes

Why Live in Mercedes

Mercedes, TX, known as the "Queen City" of the Rio Grande Valley, has a rich agricultural history and a strong cowboy culture, evident in local horse races and the prevalence of cowboy boots. The city of 15,000 residents is family-oriented, with many moving back to be closer to their families or to start their own. The main employers are the school district and nearby hospitals. Housing in Mercedes is modest, with median home prices significantly lower than the national average, and older homes often available at lower costs. The community is passionate about high school sports, particularly football, and the Mercedes Independent School District serves about 4,500 students. Macedonian Christian Academy in nearby Donna is a highly rated private school option. Attractions in Mercedes include the annual Rio Grande Valley Livestock Show and Rodeo, featuring bull riding, live music, and carnival rides. Sunset Park offers athletic fields, a walking trail, and playground equipment, while the Mercedes Recreation Center provides after-school and summer programs. Shopping is centered around the Rio Grande Valley Premium Outlets, with residents often traveling to Weslaco and Harlingen for more options. Mercedes is well-connected via Interstate 2 and Valley Metro bus lines, with McAllen International Airport 23 miles away. The area experiences excessive heat, particularly in August, but severe weather is less common compared to other parts of Texas.

Learn more about living in Mercedes

Home Trends in Mercedes, TX

On average, homes in Mercedes, TX sell after 123 days on the market compared to the national average of 70 days. The median sale price for homes in Mercedes, TX over the last 12 months is $218,000, up 15% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$218,000

Median Single Family Sale Price

$219,900

Median Townhouse Sale Price

$123,000

Average Price Per Sq Ft

$153

Number of Homes for Sale

Last 12 months Home Sales

100

Months of Supply

3.00

Median List Price

$229,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

15%

How to Buy a Home How to Finance a Home How to Sell a Home

In Mercedes, there are currently 9 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $45,000 to $1,025,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Mercedes is $229,000, while the average sale price is $253,212, offering insights into the local housing market. On average, multi-family homes spend 123 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Mercedes, TX.

Mercedes Types of Homes for Sale

Mercedes Real Estate Listings

Mercedes New Construction Homes

More About Living in Mercedes

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