317 28th Street

McAllen, TX 78501

$689,000

Beds: N/A
Baths: N/A
Square feet: 7,200
Lot: 0.25 acres
Year built: 1993
Type: Multi-family
Status: For Sale
MLS #: 504739

Mortgage estimate

$4,947/ month

20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.

Adjust the estimate

Estimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.

About this home

High-Cashflow 8-Unit Multifamily | Fully Renovated | $80K+ Annual Income Discover this turnkey 8-unit investment property in the heart of McAllen, TX, delivering strong, stable cashflow exceeding $80,000 per year. Each unit offers 2 bedrooms and 1 bathroom, featuring fully renovated interiors with new kitchens, modern flooring, updated showers, and all-new systems throughout — ensuring minimal maintenance and long-term durability. Unit Rents: $850–$975/month Occupancy: 100% leased Parking: 16 dedicated spaces Utilities: Separately metered; tenants pay all utilities The property’s comprehensive exterior and interior renovations give it a clean, modern appeal that attracts and retains quality tenants. With all upgrades complete, this is a true turnkey asset offering immediate income and long-term appreciation potential. Ideal for investors seeking reliable cashflow, strong yield, and hands-off management in a thriving McAllen rental market.

Features

Schedule a tour

When would you like to visit?

Pick a day that works. We will confirm a time within a few hours. In-person or video tours available.