$700,000

2012 Southridge Ave Harlingen, TX 78550

Estimated payment $3,983/month

Total Views 214
-- Bed
-- Bath
4,836 Sq Ft
$145 Price per Sq Ft

Highlights

  • Double Pane Windows
  • Laundry closet
  • Ceiling Fan
  • Cooling Available
  • Tile Flooring
  • Heating Available

About This Home

Rare 6-Plex Investment Opportunity – Strong Cash Flow & Prime Location

Introducing a rare opportunity to own a fully leased 6-unit multifamily property in a high-demand rental area. This well-maintained asset features spacious 2-bedroom and 2-bedroom units, each offering comfortable layouts, updated finishes, and long-term tenant appeal. Whether you're a seasoned investor or just entering the multifamily market, this turnkey property is a solid addition to any portfolio.

Listing Agent

Janet Gomez

Magnolia Rentals, Inc. Listed on: 09/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,121

Year Built

  • Built in 2024

Lot Details

  • 0.33 Acre Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 12 Carport Spaces

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Shingle Roof
  • Stone

Interior Spaces

  • 4,836 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Electric Range

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Dishman Elementary School
  • Gutierrez Middle School
  • Harlingen High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1575610040008000

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Valencia Multifamily Association
  • Harlingen North Business Center Subdivision

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $7,500
  • Gross Income $81,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,121

Year Built

Built in 2024

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Directions: Take exit toward Farm to Market Rd 2994/Wilson Road. Merge onto US-77 Frontage Road. You can enter thru Mult-National or Northridge.
  • Year Built: 2024
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3306
  • Road Surface Type: Paved
  • Subdivision Name: Harlingen North Business Center
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • GMAR_Escrow: 6000
  • Special Features: 1026
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 4836
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Frame/Wood, Stone
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 12
  • Covered Parking Spaces: 12
  • Total Parking Spaces: 12

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association Name: Valencia Multifamily
  • Association: Yes

Schools

  • Elementary School: Dishman
  • High School: Harlingen H.S.
  • Junior High Dist: Harlingen ISD
  • Middle Or Junior School: Gutierrez

Lot Info

  • Lot Size Sq Ft: 14400.0648
  • Parcel #: 1575610040008000

Building Info

  • Buildings: 3

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2121

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 6
  • Annual Gross Income: 81600
  • Insurance Expense: 2500

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $700,000 -- $145 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 479851

Greater McAllen Association of REALTORS®