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Listed price in listed location currency (USD).
$400,000

000

MLS® 50095196

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 2499 sqft
Garage 
Taxes $2,424
Days Active 0
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $160
MLS® Number 50095196

Property Address: 2400 College Ave, Midland, TX, 79701-6836

Average square foot calculated using Size range provided by listing agent.

Description

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 no "Seller Disclosure", all inspections are to be done by the buyer and adequate will be given
MLS® Number50095196
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1948
Basement
DrivewayPaved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 14, 2026List Date
$400,000List Price
-End Date
Not Sold YetSold Price

For Rent

Apr 2, 2026List Date
$1,000List Price
  • Commute

Commute

Starting Address
Destination Address
2400 College Ave, Midland, TX

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