Open showing Friday Dec 5th from 2pm to 4pm. Fantastic investment opportunity in the heart of Plano! This rare 5-plex is fully occupied and currently generating strong cash flow. Even better, there is significant upside potential through renovations that could substantially increase net profit. The rental market in this area is stable and expected to strengthen with nearby development projects, including the major redevelopment of the Collin Creek Mall district. Situated on over one-third of an acre, the property offers ample room for potential expansion with a large open area at the rear. The possibilities are endless! Property is being sold AS-IS, and the seller is seeking a quick close.
Listed by Shelley Wang
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EXP REALTY
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469-964-2474
Last updated December 04, 2025
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Source: NTREIS #21110022
Listing Facts
TypeMulti-family
NeighborhoodOld Towne
Days on Prevu29
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
11/11/2025
Listed by EXP REALTY
$550,000
Property Details for 1607 M Avenue
Exterior
Construction
Number Of Units Total: 5
Roof: Composition
Year Built: 1946
Year Built Details: Preowned
Construction Materials: Brick, Siding, Wood
Measurements
Building Area Total: 3,008
Lot Size Acres: 0.36
Lot Size Area: 0
Lot Size Square Feet: 15,812
Lot Size Units: Acres
Financial
Taxes
Parcel Number: R0160006004A1
Interior
Features
Appliances: Electric Cooktop, Electric Oven
Flooring: Carpet, Luxury Vinyl Plank
Interior Features: High Speed Internet Available
Other
Location
Subdivision Name: Clint Forman Add
Tax Block: 6
Tax Lot: 4A
Parking
Parking
Parking Features: Carport, Covered
Schools
Elementary School
Elementary School: Mendenhall
Utilities
Equipment
Cooling: Window Unit(s)
Heating: Other
Utilities: City Sewer, City Water
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1607 M Avenue .
What schools are nearby to 1607 M Avenue ?
Nearby schools include the Mendenhall Elementary School.
How does 1607 M Avenue compare to other multi-family homes in Old Towne?
This multi-family home is listed 47% above the average price for multi-family homes in Old Towne and has been on the market for 21 less days than the typical home in this area.
What building or home owners association is the multi-family home part of?
This multi-family home is in the 1607 M Ave building.
1607 M Avenue is a -bedroom multi-family home for sale in Plano Texas 75074. Listed on Prevu for 29 days at $550,000. This home is located in Plano. The median listing price for multi-family homes in this area is $375,000. Nearby schools include Mendenhall Elementary School. The home offers pets allowed and parking. Explore more multi-family home listings in Plano.
Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.