Turnkey Investment Opportunity – Fully Leased Quadplex in Monahans, TX! Invest in steady cash flow with this fully leased quadplex in the thriving community of Monahans, TX! This multi-family property features four well-maintained units, each designed for comfort and efficiency. With 100% occupancy, investors can enjoy immediate rental income and strong ROI potential in a high-demand rental market.
For sale
$575,000
1308 N Carol Ave, Monahans, TX 79756
8beds
6baths
3,264sqft
Est.:
Quadruplex
Built in 1993
-- sqft lot
$-- Zestimate®
$176/sqft
$-- HOA
What's special
Well-maintained units
- 81 days
- on Zillow |
- 111 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
Keith Trower 432-664-7870,
TROWER REALTORS
Source: Odessa BOR,MLS#: 157857
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Central Electric
Cooling
- Central Air
Appliances
- Included: Other - See Remarks, Individual Water Heaters
Interior area
- Total structure area: 3,264
- Total interior livable area: 3,264 sqft
Video & virtual tour
Property
Parking
- Parking features: Paved
Features
- Stories: 2
- Exterior features: Balcony
Lot
- Size: 9,060.48 Square Feet
Details
- Parcel number: R665935
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Quail View
HOA
- Has HOA: No
Location
- Region: Monahans
Financial & listing details
- Price per square foot: $176/sqft
- Annual tax amount: $5,000
- Date on market: 2/4/2025
- Listing terms: Cash,Conventional
- Lease term: 12 Months
- Road surface type: Paved
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