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$155,000
513288 MLS ⋅ Other SubDv. ⋅ ACTIVE Status
This well-positioned triplex offers an excellent investment opportunity with three 2-bedroom, 1-bath units, providing strong rental potential and multiple income streams. Located in a desirable, high-demand area close to local amenities, shopping, dining, schools, and major roadways. Whether you're an experienced investor or looking to expand your portfolio, this property offers the potential for consistent rental income and long-term appreciation. Don't miss this opportunity to own a multi-unit property in a sought-after location!

5291 Chapa Street, Rio Grande City
$195,000
510258 MLS ⋅ Valle Vista SubDv. ⋅ ACTIVE Status
Income-Producing Duplex for Sale in Rio Grande City, TX! Discover this newer construction duplex ideally located just off Business 83 at the entrance to the Rio Grande City/La Grulla area, offering excellent access to shopping, schools, restaurants, and major roadways. Each well-designed unit features 2 bedrooms, 1 bathroom, an open living area, a functional kitchen equipped with a refrigerator and stove, plus washer and dryer connections for added convenience. The property also includes full concrete parking with 4 dedicated parking spaces, providing ample room for tenants and guests. With its low-maintenance design, desirable location, and strong rental appeal, this duplex is an outstanding opportunity for investors looking to expand their portfolio or generate steady rental income in the growing Rio Grande Valley market. Whether you're a seasoned investor or purchasing your first multifamily property, this turnkey duplex offers exceptional value and long-term investment potential.

186 Benwood Road, Rio Grande City
$299,000
509418 MLS ⋅ Porcion 78 SubDv. ⋅ OPTION Status
Exceptional income-producing multifamily investment opportunity in Rio Grande City, TX. The property includes eight (8) apartment units and one (1) detached pier-and-beam single-family residence across three building structures. Apartment improvements consist of seven (7) 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit, plus a 3-bedroom/1-bath home. Currently 100% occupied with established tenants, the property offers immediate cash flow and value-add potential. Situated on approximately 0.50 acres with 214 feet of frontage along Old US Hwy 83, the property offers future upside through rental growth, operational efficiencies, or site improvements (subject to applicable approvals). Seller-provided financials indicate an approximate 13% capitalization rate. Conveniently located near the Rio Grande City Medical Corridor, UTRGV Starr County Campus, South Texas College, shopping, dining, schools, and major employers.

164 W Us Highway 83 Highway, Rio Grande City
$146,900
506602 MLS ⋅ Colonia Share 52 & Colonia Ab-130 SubDv. ⋅ ACTIVE Status
Investor special in Rio Grande City! This 4-plex offers 3,159 sq ft of gross building area per appraisal and is priced at only $146,900, making it a hard-to-find 4-unit opportunity at this price point. Currently 2 of 4 units are rented, giving the next owner existing income while leaving room to improve, stabilize, and reposition the property. The property needs repairs and updating, but the price reflects the condition and creates a compelling value-add opportunity. Features include multiple unit sizes, tile flooring, covered porch/patio areas, paved access, and a chain-link fenced lot. Bring your vision and turn this multifamily property into a stronger income-producing asset. Sold as is.

8014 N Lopez Street, Rio Grande City
$394,000
505696 MLS ⋅ Clarke SubDv. ⋅ ACTIVE Status
Great investment opportunity available in Rio Grande City just minutes away from restaurants and shopping. This 8 plex features four 2 bedroom/1 bath units and four 1 bedroom/1 bath units each with their own separate water and electric meter. Tenants pay all utilities. Complex is already generating income with long term tenants on half of the units and the other half as short term on Airbnb.

405 E Guerra Street, Rio Grande City
$269,000
498654 MLS ⋅ Rio Grande City Original Townsite SubDv. ⋅ ACTIVE Status
New Construction Duplex in the Heart of Rio Grande City - Exceptional investment opportunity in downtown Rio Grande City! This brand-new duplex is currently under construction with an estimated completion date of September 2026. Perfect for investors looking to secure a property early, this is your chance to lock in a modern, income-producing asset before completion. Each unit is thoughtfully designed to offer contemporary living, ideal for long-term tenants or potential short-term rental opportunities. Situated in a prime downtown location, the property provides convenient access to local businesses, dining, and major thoroughfares. Don’t miss the opportunity to get ahead of the market—put this duplex under contract today and position yourself for strong rental income and future appreciation.

610 N Flores Street, Rio Grande City
$3,360,000
494702 MLS ⋅ Trophy Plex SubDv. ⋅ ACTIVE Status
Large-scale multifamily investment opportunity featuring 40 residential units distributed across 10 subdivision lots in Rio Grande City. The well-balanced unit mix includes 27 2BD/1BA units and 13 3BD/2BA units, each offering approximately 1,103 square feet of living space. Located on Cornerstone Loop and Cedarwood Dr it has convenient access to Hwy 83, municipal offices, shopping, and dining supports tenant appeal and occupancy stability. A compelling opportunity for investors seeking immediate scale and long-term appreciation potential.

1214 Cornerstone Loop, Rio Grande City
$645,000
493571 MLS ⋅ Vela SubDv. ⋅ ACTIVE Status
Motivated Seller! Prime commercial opportunity in Rio Grande City. This 4-acre tract offers outstanding visibility and traffic exposure in one of Starr County’s strongest growth corridors. The property presents long-term potential for retail, service-based businesses, or future multi-tenant development, subject to zoning approvals. Two remodeled homes on the property provide flexible use for rental income or interim use while planning future development. Furniture conveys. A rare opportunity to secure a high-visibility site with strong appreciation potential in a rapidly developing market. Buyer to verify zoning and permitted uses.

6505 E Business Hwy 83 Highway, Rio Grande City
$324,500
490670 MLS ⋅ Campo Verde SubDv. ⋅ ACTIVE Status
Amazing 4-unit apartment in Rio Grande City, TX 78582. Fully occupied fourplex featuring four 2-bedroom, 1-bath units with strong rental income. Current rents $850–$900 per unit with upside potential to $1,000. Generates approx. $42,480 in gross annual income. Fully gated property offering a shared backyard, 1-garage/storage, and two parking spaces per unit. Turnkey investment ideal for both first-time and experienced investors.

53 Albeza Avenue, Rio Grande City
$255,000
485521 MLS ⋅ Santa Cruz SubDv. ⋅ ACTIVE Status
Welcome to 5497 E Guerra Street, Rio Grande City, TX 78582 — the perfect addition to your investment portfolio! This well-maintained triplex offers three separate units, each featuring 2 bedrooms and 1 bathroom, providing comfortable living spaces with reliable rental income from day one. All three units are currently rented at $650/month, generating a total of $1,950 in monthly income. With stable tenants already in place, you can start earning immediate cash flow without the hassle of finding renters. Situated in a growing area of Rio Grande City, this property is conveniently located near schools, shopping, and major highways—ensuring continued rental demand and potential for future value appreciation.

5497 E Guerra Street, Rio Grande City
$495,000
469932 MLS ⋅ Trophy Plex SubDv. ⋅ ACTIVE Status
Situated near Dr. Mario Ramirez Elementary School, this fully leased property offers an excellent investment opportunity with consistent rental income. All units feature a 3-bedroom, 2-bath layout. Conveniently located near Hwy 83, city offices, shopping centers, and dining options. This property presents a solid opportunity for investors!

1204 Cornerstone Loop, Rio Grande City
$289,500
464659 MLS ⋅ Garden Court SubDv. ⋅ ACTIVE Status
Introducing an exciting investment opportunity in Rio Grande City's newest subdivision, Garden Court. This brand-new duplex offers two units, each unit featuring 3 bedrooms, 2 baths, and a sleek open floor plan. Thoughtfully designed with modern touches, the units boast elegant quartz countertops, tile flooring, and a beautiful contemporary aesthetic. Conveniently located near major shopping centers, schools, hospitals, and highway, this property offers an excellent location for potential tenants. This property is a solid investment with promising rental income, this duplex is an ideal addition to any portfolio. Schedule your visit to explore this exceptional investment firsthand.

5316 Vision Street, Rio Grande City
$299,000
429210 MLS ⋅ Trophy Plex SubDv. ⋅ ACTIVE Status
Each unit of the four-plex is a stand alone unit three blocks away from Dr. Mario Ramirez Elementary and approximately one mile from City Hall and U.S. Highway 83. Apartment units are in good condition and are rented below market rates. Three bedrooms should be $850 per month and two bedroom units should be at $750 per month. Schools, shopping and entertainment are minutes from this location. Plenty of professionals in the immediate area give this site excellent rental opportunities.

1201 Cornerstone Loop, Rio Grande City
$299,000
429075 MLS ⋅ Trophy Plex SubDv. ⋅ ACTIVE Status
Each unit of the four-plex is a stand alone unit three blocks away from Dr. Mario Ramirez Elementary and approximately one mile from City Hall and U.S. Highway 83. Apartment units are in good condition and are rented below market rates. Three bedrooms should be $850 per month and two bedroom units should be at $750 per month. Schools, shopping and entertainment are minutes from this location. Plenty of professionals in the immediate area give this site excellent rental opportunities.

1014 S Cedarwood S Drive, Rio Grande City