613 S 12th Street, Mcallen, TX 78501

• 3,343 sqft

Property Description

Prime investment opportunity in the heart of Downtown McAllen. This fully occupied 6-unit multifamily property delivers strong, stable income with nearly $4,000/month in rents and an estimated 7.7% cap rate at the current asking price. Located in the desirable 78501 zip code, this property sits just minutes from 10th St and Expressway 83, offering excellent accessibility for tenants and consistent rental demand. Units are well-maintained, leased, and ideal for long-term cash flow. Downtown McAllen continues to grow with nearby shopping, restaurants, City Hall, and major employment centers, making this a reliable addition to any portfolio. Whether expanding your holdings or entering the multifamily sector, this property provides immediate income, strong fundamentals, and unbeatable location convenience. Don’t miss this rare opportunity in one of McAllen’s most sought-after rental corridors.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 7:06AM

Listing Office:

RE/MAX elite : 956-583-2100

Listing Agent:

Erasmo Arjona : 956-522-9632

MLS ID:

501268

Interior

• General: Other
• Appliances: Electric Water HeaterRefrigeratorStove/Range
• Laundry: None
• Flooring: Tile
• A/C: Central AirWindow Unit(s)
• Heating: Central
• Eco/Green Feature: Other

Exterior

• General: OtherOutbuilding (Other)
• Parking: DetachedOther Garage or CarportGarage Faces RearParking spaces: 1

Construction

• Roofing: Shingle
• General: BlockOtherSiding2Slab

Location

• Road/Access: Paved
• Originating MLS: Greater McAllen
• School District: McAllen ISD
• County: Hidalgo

Lot

• Zoning: M195000050001000
• Fencing: Chain LinkNoneOther

Utilities

• Sewer: City Sewer

Financial

• Source: Greater McAllen