Exceptional Investment Opportunity | 16-Unit Multifamily Complex Expand your investment portfolio with this well-maintained 16-unit multifamily property, ideally situated in a desirable and convenient location with strong rental appeal. The property offers a versatile unit mix designed to attract a broad tenant base: • 10 one-bedroom, one-bath units • 6 two-bedroom, one-bath units Residents enjoy several desirable amenities, including covered carport parking, additional front parking, appliances included in every unit, an on-site laundry facility, and a designated dog area for pet-friendly living. With its attractive unit mix, convenient amenities, and excellent location, this multifamily complex presents a compelling opportunity for investors looking to add a substantial income-producing asset to their portfolio.
For sale
$1,440,000
2428 Upas Ave, McAllen, TX 78501
3beds
2baths
10,464sqft
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$138/sqft
$-- HOA
What's special
Covered carport parkingAdditional front parkingOn-site laundry facility
- 35 days
- 54
- 6
Zillow last checked:
Listing updated:
Listed by:
Yanett Rodriguez 956-522-8213,
Re/Max Elite
Source: Greater McAllen AOR,MLS#: 511709
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Refrigerator, Stove/Range
- Laundry: Laundry Room
Features
- Ceiling Fan(s)
- Flooring: Tile
Interior area
- Total structure area: 10,464
- Total interior livable area: 10,464 sqft
Property
Parking
- Total spaces: 16
- Parking features: Garage Faces Rear
- Carport spaces: 16
Features
- Exterior features: None
- Fencing: None
Lot
- Size: 0.45 Acres
Details
- Additional structures: Laundry Facility
- Parcel number: L335000000001500
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: Other, Sidewalks, Street Lights
- Subdivision: Las Palmas
HOA
- Has HOA: No
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $690,000
- Annual tax amount: $15,328
- Date on market: 8/6/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,195/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $1,440,000-7.1%$138/sqft |
Source: Greater McAllen AOR #511709 Report a problem | ||
| 6/15/2026 | Listing removed | $1,550,000$148/sqft |
Source: Greater McAllen AOR #474867 Report a problem | ||
| 11/4/2025 | Price change | $1,550,000-3.1%$148/sqft |
Source: Greater McAllen AOR #474867 Report a problem | ||
| 7/7/2025 | Listed for sale | $1,600,000$153/sqft |
Source: Greater McAllen AOR #474867 Report a problem | ||
| 10/15/2019 | Listing removed | $625 |
Source: PMI RGV Report a problem | ||
| 10/14/2019 | Price change | $625-7.4% |
Source: PMI RGV Report a problem | ||
| 8/6/2019 | Price change | $675+17.4% |
Source: PMI RGV Report a problem | ||
| 7/31/2019 | Listed for rent | $575-16.7% |
Source: PMI RGV Report a problem | ||
| 6/20/2019 | Listing removed | $690 |
Source: PMI RGV Report a problem | ||
| 6/18/2019 | Listed for rent | $690-8.6% |
Source: PMI RGV Report a problem | ||
| 3/25/2019 | Listing removed | $755 |
Source: de' Medici Group Report a problem | ||
| 3/12/2019 | Price change | $755-5.6% |
Source: de' Medici Group Report a problem | ||
| 2/27/2019 | Listed for rent | $800 |
Source: de' Medici Group Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,632 +2% | $690,000 +5.6% |
| 2024 | $12,387 -1.1% | $653,610 -1.1% |
| 2023 | $12,524 +29% | $660,783 +36.1% |
| 2022 | $9,711 +20.9% | $485,541 +24.5% |
| 2021 | $8,032 | $390,070 -1% |
| 2020 | -- | $394,159 -1% |
| 2019 | $8,186 -5% | $398,248 +17.9% |
| 2018 | $8,613 | $337,883 -7.8% |
| 2017 | $8,613 0% | $366,358 +8.5% |
| 2016 | $8,615 +14.3% | $337,770 +19.4% |
| 2015 | $7,535 | $282,925 -3.8% |
| 2014 | $7,535 | $294,205 -2.5% |
| 2013 | -- | $301,726 -3.6% |
| 2012 | -- | $313,004 -2.3% |
| 2011 | -- | $320,526 -2.3% |
| 2010 | -- | $328,046 -2.2% |
| 2009 | -- | $335,566 -2.2% |
| 2008 | -- | $343,086 +2.9% |
| 2007 | -- | $333,408 -1.9% |
| 2006 | -- | $339,715 -2% |
| 2005 | -- | $346,745 +3.7% |
| 2004 | -- | $334,414 +13.9% |
| 2003 | -- | $293,729 +1.1% |
| 2002 | -- | $290,513 |
| 2001 | -- | $290,513 -16.8% |
| 2000 | -- | $349,179 |
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.Climate risks
Neighborhood: 78501
Nearby schools
Schools provided by the listing agent
- Elementary: Seguin
- Middle: De Leon
- High: Rowe H.S.
- District: McAllen ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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