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For sale
    • $400,000

    2400 College Ave, Midland, TX 79701

    4beds
    4baths
    2,500sqft
    : 
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    Quadruplex
    Built in 1948
    -- sqft lot
    $382,700 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 Stated pro forma cap rate of 8% 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
    58 days
    |
    313
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alonso Hernandez 432-425-9692,

    ENERGY REAL ESTATE SOLUTIONS

    Source: PBBR,MLS#: 50095369MLS Logo

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      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

      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

        $382,700

        $364,000 - $402,000

        $1,160/mo

        Price history

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

        Public tax history

        YearProperty taxesTax 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
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: College Heights

        Getting around

        52 / 100
        Somewhat Walkable
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: 349
        • Middle: San Jacinto
        • High: Midland
        • District: Midland

        Source: PBBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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