About This Home

This 8-bedroom, 2-bathroom multi-family at 1308 N Carol Ave in Monahans, TX is listed for $450,000 ($119 per sqft). Built in 1982, the home offers 3,768 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1982
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
2 full
1982

Amenities

A/C
Listing Description

Great investment opportunity in Monahans! This well-maintained quadruplex features four spacious 2-bedroom, 1.5-bath units, each offering approximately 816 SF with a functional layout, full kitchen, living area, and washer/dryer connections. Each unit includes its own garage, providing convenient parking and additional storage. With four separate units, this property offers strong income potential and an excellent opportunity to add a solid multifamily asset to your investment portfolio.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

1308 N Carol Ave

Monahans, TX 79756

Quail View

Property Details

Flooring

Carpet

Construction

Brick Veneer

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

Free-Standing Electric RangeRefrigerator

Questions & Answers

This 8-bedroom, 2-bathroom multi-family at 1308 N Carol Ave is listed at $450,000 ($119/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1982, 0.21 acre lot, 2 stories.

This property is listed by Ferdinand Nico Real and can be reached at 8063416331.

FR

Ferdinand Nico Real

Agent at The Real Estate Ranch LLC

(806) 341-6331
Agent website

Listed by The Real Estate Ranch LLC · Broker phone: 4326888200 · View on Broker Site · Broker website

MLS# 176754· Source: Odessa Board of Realtors· 59 days on PropertySimple

Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1308 N Carol Ave, Monahans, TX 79756

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