# 2400 College Ave, Midland, TX 79701

> **TL;DR:** 4bd/4ba residential multi family, $400,000 ($160/sqft), built 1948, 2,499 sqft.
> A/C. Est. $1,733/mo. Listed 11 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $400,000 |
| Price/sqft | $160 |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Square Feet | 2,499 |
| Year Built | 1948 |
| Lot Size | 7,013 sqft (0.16 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 11 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,733 |
| **Total** | **$1,733** |

## Nearby Schools

- **Elementary:** 349
- **Middle:** San Jacinto
- **High:** Midland

## Key Amenities

- A/C

## Property Highlights

- Built in 1948
- 0.16 acre lot

## Description

### 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

## Location

- **Address:** 2400 College Ave, Midland, TX 79701
- **County:** Midland
- **Neighborhood:** College Heights
- **Coordinates:** 31.9876446, -102.0980963
- **Google Maps:** https://www.google.com/maps?q=31.9876446,-102.0980963

## Listing Agent

- **Name:** Alonso Hernandez
- **Brokerage:** ENERGY REAL ESTATE SOLUTIONS
- **Phone:** 4324259692
- **Email:** alonso.hernandez@erescompanies.com

## Primary Photo

![2400 College Ave - Primary Photo](http://lh.rdcpix.com/818e76ad6581a7720d89a0d01c8e3aael-f3030450739r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.com/listing/2400-college-ave-midland-tx-79701-50095369)*

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**MLS#:** 50095369 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Permian Basin 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/2400-college-ave-midland-tx-79701-50095369)

---

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  "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",
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