2421 Vine Avenue, McAllen, TX 78501
Investors, come see this amazing value-add opportunity in the heart of McAllen. Situated within eyesight of McHi, this property is located just off 23rd Street in between the major thoroughfares of Nolana and Pecan. Boasting decades of steady rent, full occupancy has never been an issue for the landlord. Each of the 4 units has 2 bedrooms and 1 bathroom with central A/C, refrigerator, and stove/oven range. The immediate vicinity has seen significant growth over the last year with new retail centers being constructed, pickle ball courts going up, and a Blue Wave Carwash all within walking distance. Rents have not been increased in several years, making this a great opportunity to increase ROI.
Property Details | ||
---|---|---|
Price | $325,000 | |
Close Price | $306,000 | |
Lot Size | 54'x117.5' | |
Lot Size Area | 6347.1276 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1457 | |
Property Type | MultiFamily | |
Sub type | Quadruplex | |
MLS Sub type | Quadruplex | |
Stories | 2 | |
Features | Ceiling Fan(s), Split Bedrooms | |
Exterior Features | Balcony | |
Year Built | 1976 | |
Subdivision | Las Palmas | |
Roof | Composition Shingle | |
Heating | Central | |
Foundation | Slab | |
Lot Description | Alley, Mature Trees, Sidewalks | |
Laundry Features | Laundry Area, Washer/Dryer Connection | |
Parking Description | Detached, Garage Faces Rear | |
Parking Spaces | 4 | |
Geographic Data | ||
Directions | Heading South on 23rd Street from Nolana, take a right on Vine Avenue. The property is on the left-hand side at 2421 Vine Avenue. | |
County | Hidalgo | |
Latitude | 26.225814 | |
Longitude | -98.243997 | |
Address Information | ||
Address | 2421 Vine Avenue, McAllen, TX 78501 | |
Postal Code | 78501 | |
City | McAllen | |
State | TX | |
Country | United States | |
Listing Information | ||
Listing Office | URSA Real Estate | |
Listing Office Phone | 956-476-3016 | |
Listing Office Email | marc@ursarealestate.com | |
Listing Agent | Zacarias (Zack) Guerra | |
Listing Agent Phone | 956-476-3016 | |
Terms | Cash, Conventional, FHA, VA Loan | |
School Information | ||
District | McAllen ISD | |
Elementary School | Seguin | |
Middle School | De Leon | |
High School | Rowe H.S. | |
MLS Information | ||
Days on market | 73 | |
MLS Status | Closed | |
Listing Last Modified | Jun 6, 2025 | |
Tax ID | L335000000000301 | |
Tax Year | 2024 | |
Tax Annual Amount | 4872 | |
MLS # | 465679 |


















