2,894 SqFt
0.29 Lot Size
1979 Year Built

Turnkey 3-unit multifamily investment opportunity in the heart of McAllen! This well-maintained property at 1112 -1114 Fern Ave offers a strong unit mix of a one 1BR/1BA unit and two 2BR/1BA units, generating steady rental income with room to grow. Recently renovated, positioning this asset for stabilized cash flow and long-term appreciation. Ideal for the investor seeking a low-maintenance addition to their portfolio in a high-demand rental corridor. Conveniently located near major McAllen thoroughfares, shopping, dining, and schools. Gross income and financials available upon request. Don't miss this rare opportunity to own a cash-flowing multifamily asset in one of the RGV's fastest-growing markets. Schedule your showing today!

Listed by LPT Realty LLC

GALLERY

PROPERTY DETAIL

Key Details

Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2, 894 sqft
Price per Sqft $133
Subdivision Broadlawn Terrace
MLS Listing ID 511973
HOA Y/N No
Year Built 1979
Annual Tax Amount $6,614
Tax Year 2025
Lot Size 0.288 Acres
Acres 0.2882
Property Sub-Type Triplex
Source Greater McAllen
Location

State TX
County Hidalgo
Rooms

Other Rooms Outbuilding (None)
Building

Lot Description Mature Trees
Faces Directions from 10th St & Nolana Ave to 1112 Fern Ave, McAllen, TX 78501 Head south on N 10th St from Nolana Ave (toward downtown McAllen), approximately 1.5 miles. Turn right (west) on Fern Ave. Continue west — the property (1112 Fern Ave) will be on your right (north side) of the street, in the block near 11th/12th Street. Look for the 3-unit multifamily property; park along Fern Ave.
Story 1
Foundation Slab
Sewer City Sewer
Structure Type Brick
New Construction No

Interior

Interior Features Dryer, Microwave, Washer
Heating Central
Cooling Central Air
Flooring Tile
Appliance Electric Water Heater, Electric Cooktop, Dryer, Microwave, Oven-Microwave, Refrigerator, Washer
Laundry Laundry Closet, Washer/Dryer Connection
Exterior

Exterior Feature Mature Trees
Carport Spaces 3
Fence Wood
Community Features None
View Y/N No
Roof Type Composition Shingle
Total Parking Spaces 3
Garage No
Schools

Elementary Schools Milam
Middle Schools Morris
High Schools Mcallen H.S.
Others

Tax ID B435000002000900
Security Features Smoke Detector(s)