Yadira Lopez · REALTOR® · TREC #801199 · RCR Real Connect Realty (broker license #9012393)

Property sheet · MLS# 29778163 · https://yadiralopez.com/properties/608-w-iris-ave-mcallen-tx-78501-29778163

Income property · For sale

608 W Iris Ave., Mcallen, TX 78501

$420,000

4
units
9,117
ft²

MLS# 29778163 · Listed by Paola De Leon, Grand Realty & Associates, LLC · Tel. 956-900-1223

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Description

Exceptional Investment Opportunity – Fully Leased Fourplex in McAllen! Expand your investment portfolio with this fully leased fourplex offering immediate rental income in a convenient McAllen location. This well-maintained multifamily property features a desirable unit mix of 3 bedroom, 2 bath and 2-bedroom, 1.5 bath units, appealing to a broad range of tenants. Residents enjoy the convenience of on-site parking, separate electric meters with tenants responsible for their own electric service, & quick access to many of McAllen's most popular destinations. Just minutes from H-E-B, shopping centers, restaurants, medical facilities, schools, and the vibrant downtown McAllen district, this property offers the accessibility today's renters value. Whether you're expanding an existing portfolio or purchasing your next income-producing property, this fourplex combines a strong location, established occupancy, & excellent long-term investment potential. Schedule your private tour today!

Details

Type
Income property · Multi Family
Status
For sale
MLS#
29778163
Price
$420,000
Price per ft²
$46
Units
4
Living area
9,117 ft²
Lot size
0.21 acres
Year built
1975
Subdivision
Greenway Terrace
City
Mcallen
County
Hidalgo
Days on market
100
Listed
Jul 23, 2026
Last updated
Jul 23, 2026, 2:51 PM CT

Location

608 W Iris Ave., Mcallen, TX 78501 Open in Google Maps (opens in a new tab)

$420,000MLS# 29778163
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