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402 SE 6th St 4 Unit Apartment Building $352,400 ($88,100/Unit) Andrews, TX 79714
INVESTMENT HIGHLIGHTS
- Several updates to all units
- Great Location
- Stays rented
EXECUTIVE SUMMARY
Investment Opportunity – Updated Quadplex
This well-maintained quadplex offers approximately 881 sq. ft. per unit, each featuring 2 bedrooms, 1 bath, and a cozy fireplace. All four units have been updated in 2024 and 2025, ensuring modern comfort and appeal for tenants. Consistently in demand, the property enjoys a 98% occupancy rate, making it a strong income-producing asset. Ideal for investors seeking turnkey rental income with minimal vacancy.
This well-maintained quadplex offers approximately 881 sq. ft. per unit, each featuring 2 bedrooms, 1 bath, and a cozy fireplace. All four units have been updated in 2024 and 2025, ensuring modern comfort and appeal for tenants. Consistently in demand, the property enjoys a 98% occupancy rate, making it a strong income-producing asset. Ideal for investors seeking turnkey rental income with minimal vacancy.
PROPERTY FACTS Under Contract
| Price | $352,400 | Building Class | C |
| Price Per Unit | $88,100 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 3,524 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 98% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1982 |
| Property Subtype | Apartment | ||
| Zoning | Residential - Buyer & Buyers agent to verify zoning, utilities, easements and restrictions. Owner/Landlord is a active licensed Real Estate Broker/Agent in TX | ||
| Price | $352,400 |
| Price Per Unit | $88,100 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 3,524 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1982 |
| Zoning | Residential - Buyer & Buyers agent to verify zoning, utilities, easements and restrictions. Owner/Landlord is a active licensed Real Estate Broker/Agent in TX |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Fireplace
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $950.00 | 881 |
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PROPERTY TAXES
| Parcel Number | 00400-01490-0000 | Improvements Assessment | $187,658 |
| Land Assessment | $9,710 | Total Assessment | $197,368 |
PROPERTY TAXES
Parcel Number
00400-01490-0000
Land Assessment
$9,710
Improvements Assessment
$187,658
Total Assessment
$197,368
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402 SE 6th St
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