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2405 Kermit Hwy

Odessa, TX 79761
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Just listedJust listed
6,522 Sqft
0.39 Lot Acres
Multi-Family

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Description

Fully furnished 14-unit apartment complex in Odessa, TX delivering strong, consistent cash flow. This turnkey investment is strategically positioned in a high-demand rental market fueled by energy sector activity and corporate housing needs. Each unit is tastefully furnished and move-in ready, allowing for immediate income generation with minimal upfront capital improvements. Designed to attract oilfield professionals, contractors, and corporate tenants seeking convenience and quality.

MLS#
OBORTX-167665
List Price
$1,150,000 ($176/Sqft.)
Listing Status
For Sale
Address
2405 Kermit Hwy
City
Odessa
State
TX
Zip Code
79761
County
Ector County
Subdivision
Highland Park
Property Type
Multi-Family
Building Size
6,522 Sqft/Appraisal District
Year Built
1952 /Appraisal District
Lot Size
0.39 Lot Acres/Appraisal District
LP / Acre
$2,948,718 / Acre

Exterior

Roof
Metal
Exterior Type
Concrete, Block
Dock
Yes

Lot Information

Lot Size
0.39 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Odessa Board of Realtors®
Source last updated Apr 17, 2026 at 09:20 AM
Listing last updated Apr 13, 2026 at 04:00 AM
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Know the property tax history and market value

Cost/Sqft based on tax value

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Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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