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For sale
  • $420,000

    608 W Iris Ave, McAllen, TX 78501

    --beds
    --baths
    9,117sqft
    : 
    $3,304/mo
    Get pre-qualified
    Multi Family
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $46/sqft
    $-- HOA

    What's special

    On-site parking
    Exceptional Investment Opportunity – Fully Leased Fourplex in McAllen! Expand your investment portfolio with this fully leased fourplex offering immediate rental income in a convenient McAllen location. This well-maintained multifamily property features a desirable unit mix of 3 bedroom, 2 bath and 2-bedroom, 1.5 bath units, appealing to a broad range of tenants. Residents enjoy the convenience of on-site parking, separate electric meters with tenants responsible for their own electric service, & quick access to many of McAllen's most popular destinations. Just minutes from H-E-B, shopping centers, restaurants, medical facilities, schools, and the vibrant downtown McAllen district, this property offers the accessibility today's renters value. Whether you're expanding an existing portfolio or purchasing your next income-producing property, this fourplex combines a strong location, established occupancy, & excellent long-term investment potential. Schedule your private tour today!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Paola De Leon 956-562-7898,

    Grand Realty & Associates, LLC

    Source: RGVMLS,MLS#: 29778163MLS Logo

      Facts & features

      Interior

      Heating
      • Central, Electric
      Appliances
      • Included: Refrigerator, Electric Water Heater
      • Laundry: Common Area
      Interior area
      • Total structure area: 9,117
      • Total interior livable area: 9,117 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: 4 or More Car Garage, Detached
      • Has garage: Yes
      Features
      • Levels: One
      • Exterior features: None
      • Fencing: None
      Lot
      • Size: 9,147 Square Feet
      • Features: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Slab
      Condition
      • Year built: 1975

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: None

      Community & HOA

      Community
      • Subdivision: Greenway Terrace
      Location
      • Region: Mcallen

      Financial & listing details

      • Price per square foot: $46/sqft
      • Date on market: 7/23/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/22/2026Listed for sale$420,000$46/sqft
        Source: Greater McAllen AOR #508615 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78501

        Getting around

        76 / 100
        Very Walkable
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Milam
        • Middle: Cathey
        • High: Memorial
        • District: Mcallen I.S.D.

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

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