For sale

$400,000

2400 College Ave, Midland, TX 79701

4beds

4baths

2,500sqft

$2,767/mo

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Quadruplex

Built in 1948

-- sqft lot

$382,200 Zestimate^®

$160/sqft

$-- HOA

What's special

4-unit quadplex totaling approximately 2,499 SF All units are 1 bed / 1 bath, approximately 625 SF each Listed for sale at $400,000. Located in Midland, TX, in the heart of the Permian Basin Opportunity to operate as long-term rentals or convert to Airbnb / short-term rental use Seller may assist with up to 6% of closing costs Existing property management in place Investment positioned for workforce housing, contractor housing, or short-term rental demand. Zone SF2 and, all inspections are to be done by the buyer and adequate will be given

107 days
260
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Cooling

Window Unit(s)

Appliances

Included: Electric Water Heater

Interior area

Total structure area: 2,500
Total interior livable area: 2,500 sqft

Video & virtual tour

View virtual tour

Property

Features

Levels: One
Fencing: Metal

Lot

Size: 7,013 Square Feet

Details

Parcel number: R000014001

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Condition

Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: College Heights

Location

Region: Midland

Financial & listing details

Price per square foot: $160/sqft
Tax assessed value: $270,360
Annual tax amount: $2,424
Date on market: 5/21/2026
Total actual rent: 4
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$382,200

$363,000 - $401,000

$1,628/mo

Price history

Date	Event	Price
6/22/2026	Listing removed	$1,000
Source: PBBR #50094006 Report a problem
5/21/2026	Listed for sale	$400,000+42.9%$160/sqft
Source: PBBR #50095369 Report a problem
4/30/2026	Price change	$1,000-4.8%
Source: PBBR #50094006 Report a problem
4/2/2026	Listed for rent	$1,050+5%
Source: PBBR #50094006 Report a problem
6/4/2024	Listing removed	--
Source: PBBR #50070178 Report a problem
6/1/2024	Listing removed	--
Source: PBBR #50070674 Report a problem
5/23/2024	Contingent	$280,000$112/sqft
Source: PBBR #50070178 Report a problem
5/16/2024	Price change	$280,000-6.7%$112/sqft
Source: PBBR #50070178 Report a problem
4/20/2024	Listed for rent	$1,000
Source: PBBR #50070674 Report a problem
3/28/2024	Listed for sale	$300,000+3.5%$120/sqft
Source: PBBR #50070178 Report a problem
1/13/2023	Listing removed	--
Source: Petroplex AOR #126328 Report a problem
12/27/2022	Listed for sale	$289,900$116/sqft
Source: Petroplex AOR #126328 Report a problem
11/17/2022	Listing removed	--
Source: Petroplex AOR #126328 Report a problem
10/15/2022	Price change	$289,900-3.3%$116/sqft
Source: Petroplex AOR #126328 Report a problem
10/14/2022	Listed for sale	$299,900$120/sqft
Source: Petroplex AOR #126328 Report a problem
9/16/2022	Listing removed	--
Source: Petroplex AOR #126328 Report a problem
8/2/2021	Listed for sale	$299,900+38.8%$120/sqft
Source: PBBR #50041217 Report a problem
6/1/2018	Listing removed	$216,000$86/sqft
Source: Legacy Real Estate Brokerage #50013713 Report a problem
3/10/2018	Listed for sale	$216,000$86/sqft
Source: Legacy Real Estate Brokerage #50013713 Report a problem
3/5/2014	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,965 -2.3%	$270,360 +1.1%
2024	$4,059 +7.8%	$267,300 +6.4%
2023	$3,764 -1.6%	$251,170 +11.1%
2022	$3,825 +3%	$226,110 +3%
2021	$3,713	$219,530 +0.9%
2020	--	$217,610 -7.3%
2019	$4,069 +30.1%	$234,810 +42.1%
2018	$3,127	$165,210 -1.2%
2017	--	$167,150 +76.8%
2016	--	$94,550
2015	--	$94,550 +2.4%
2014	--	$92,370 +31.5%
2013	--	$70,240 +16.2%
2012	--	$60,430 +1.1%
2011	--	$59,760 -14.5%
2010	--	$69,920
2009	--	$69,920 +0.5%
2008	--	$69,550 +215.3%
2007	--	$22,060 +43.6%
2006	$408	$15,360
2005	--	$15,360
2004	--	$15,360