817 E Madison Ave, Harlingen, TX, 78550
About This Home
Great opportunity to add a fully occupied, income-producing property to your investment portfolio! This two-story 4-plex features four 2-bedroom, 1-bath units, all of which are currently leased. Each unit is clean and well maintained, making the property attractive to both current and future tenants. The property has a strong rental history, with vacancies historically filling quickly when they arise. Built in 1984, the property also offers 6 parking spaces for tenant convenience. With established tenants already in place and consistent rental demand, this 4-plex offers an investor the opportunity to acquire a stabilized multifamily asset with income in place from day one. An excellent option for investors looking to expand their portfolio or enter the multifamily market. Schedule your showing today!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1984
Materials
- Foundation: Slab
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Refrigerator,Electric Water Heater
Features
- Flooring: Carpet
Heating
- Heating features: Central,Electric
Interior Area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Details
- Parcel number: 2122800060006000
Features
- Levels: Two
- Patio & porch: Deck/Balcony/Porch
Lot
- Lot size: 6,660 sqft
- Features: None
Parking
- Total spaces: 6
- Parking features: Garage
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Hail
- Heat Wave
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,491 | $17,892 |
| Home Insurance * | $275 | $3,300 |
| Property Taxes | $470 | $5,640 |
| Electricity | $285 | $3,425 |
| Total | $2,521 | $30,252 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-12 | Price change | $269,900 |
| 2026-04-06 | Listed for sale | $295,000 |
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