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For sale
  • $513,000

    405 Downing Ave, Edinburg, TX 78539

    8beds
    8baths
    3,960sqft
    : 
    Quadruplex, Multi Family
    Built in 2017
    -- sqft lot
    $498,200 Zestimate®
    $130/sqft
    $42/mo HOA

    What's special

    Perfect for first-time investors looking to live on-site, this well-maintained 4-plex offers a rare opportunity to generate rental income while building equity. Three units are already rented, providing immediate cash flow, with one 2-bed, 2-bath unit available for an owner-occupant or new tenant. Located minutes from the university and the thriving city of Edinburg, this property is in a high-demand rental area, ensuring strong occupancy rates. Whether you're starting your investment journey or expanding your portfolio, this multifamily gem is a smart move.
    159 days
    on Zillow
    |
    21
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2025 at 12:09pm

    Listed by:

    Quincy Bonilla 956-223-0278,

    Fox Real Estate Pros

    Source: Greater McAllen AOR,MLS#: 464422
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 405 Downing Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
    • Laundry: Laundry Closet
    Features
    • Ceiling Fan(s)
    • Flooring: Tile
    Interior area
    • Total structure area: 3,960
    • Total interior livable area: 3,960 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Detached
    • Carport spaces: 8
    Features
    • Patio & porch: Patio
    • Fencing: Wood
    Lot
    • Size: 10,079.78 Square Feet
    • Features: Sidewalks, Sprinkler System
    Details
    • Additional structures: Outbuilding (None)
    • Parcel number: M566501000005900

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Year built: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    Green energy
    • Energy efficient items: None

    Community & HOA

    Community
    • Features: Gated
    • Subdivision: Mon Mack Landing
    HOA
    • Has HOA: Yes
    • HOA fee: $500 annually
    • HOA name: Home Key Property Management
    Location
    • Region: Edinburg

    Financial & listing details

    • Price per square foot: $130/sqft
    • Tax assessed value: $482,833
    • Annual tax amount: $11,018
    • Date on market: 3/5/2025
    • Road surface type: Paved
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