Description
Investor special in Rio Grande City! This 4-plex offers 3,159 sq ft of gross building area per appraisal and is priced at only $146,900, making it a hard-to-find 4-unit opportunity at this price point. Currently 2 of 4 units are rented, giving the next owner existing income while leaving room to improve, stabilize, and reposition the property. The property needs repairs and updating, but the price reflects the condition and creates a compelling value-add opportunity. Features include multiple unit sizes, tile flooring, covered porch/patio areas, paved access, and a chain-link fenced lot. Bring your vision and turn this multifamily property into a stronger income-producing asset. Sold as is.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
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3,159SQFT
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$47$/SQFT
School Information
Description
Investor special in Rio Grande City! This 4-plex offers 3,159 sq ft of gross building area per appraisal and is priced at only $146,900, making it a hard-to-find 4-unit opportunity at this price point. Currently 2 of 4 units are rented, giving the next owner existing income while leaving room to improve, stabilize, and reposition the property. The property needs repairs and updating, but the price reflects the condition and creates a compelling value-add opportunity. Features include multiple unit sizes, tile flooring, covered porch/patio areas, paved access, and a chain-link fenced lot. Bring your vision and turn this multifamily property into a stronger income-producing asset. Sold as is.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or TNT Real Estate. Data last updated: 2026-07-20T11:16:51.217.