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$318,400 -$1,500 (-0.47%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • Updated 4 days ago
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Turnkey multi-family investment property at 1503 E. Virginia in Victoria, TX! This fourplex features four 1 bedroom, 1 bath units and is 75% occupied to provide immediate rental income. Current rent rates also provide room for potential increases, allowing investors to further grow and maximize the property's long term potential. The units offer spacious living areas, functional kitchens, ample natural light, and a mix of hardwood and durable flooring throughout. Some units also feature updated kitchens and bathrooms, along with in-unit washer and dryer connections. Outside, the property offers covered parking in the rear along with additional off-street parking for residents. Conveniently located near shopping, dining, schools, and major thoroughfares, this property is a solid addition to an investment portfolio with existing income and additional value add potential.

Full Property Details for 1503 E Virginia Ave

General

  • Price: $318,400
  • Status: Active
  • Type: Multi-Family
  • Source: Central_Texas_MLS
  • MLS ID: 620272
  • Updated: 8/3/2026
  • Added to Site: 18 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Tub Shower, Walk-In Closet(s)
  • Fireplace(s): None
  • Appliances: Electric Range, Electric Water Heater, Multiple Water Heaters, Vented Exhaust Fan, Range
  • Flooring: Hardwood, Laminate, Tile

Rooms

Other Rooms

  • Laundry: Washer Hookup, Electric Dryer Hookup

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Rain Gutters

Parking

  • Carports: Yes
  • Carport Spaces: 3
  • Parking Features: Detached Carport

Location

  • County: Victoria
  • Subdivision: Morningside
  • Driving Directions: From US 59 T Business, turn left onto N. Laurent. Turn right again onto E. Virginia Street and the property will be on the right.

School Information

  • Elem School District: Victoria ISD
  • Midd School District: Victoria ISD
  • High School District: Victoria ISD

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric, 3+ Units
  • Heating Type: Central, Electric, Multiple Heating Units

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available

Structural Information

  • Architectural Style: Traditional
  • Construction: Frame, Wood Siding
  • Roof: Composition, Shingle
  • Stories/Levels: 2
  • Square Feet: 3,530
  • Sq. Ft. Source: Appraiser
  • Living Area: 3,530 Sq. Ft.
  • Year Built: 1952
  • Year Built Source: Assessor
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.2059
  • Frontage: City Street
  • Fencing (Description): Chain Link, Partial

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Disclosure(s), Seller's Property Disclosure
  • Legal Description: MORNINGSIDE LOT 8 BLOCK 3
  • Property ID: 55336
  • Block: 3
  • Lot Number: 8

Listed by Cornerstone Properties

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Listing agent

— 1503 E Virginia Ave —

  • Cornerstone Properties

361-576-2353

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1503 E Virginia Ave

School District:Victoria Independent School District
NameGradesDistance
Crain Elementary School
2706 North Azalea Street, Victoria, TX 77901
PK-50.2 mi
Patti Welder Middle School
1604 East North Street, Victoria, TX 77901
6-80.9 mi
Victoria West High School
307 West Tropical Drive, Victoria, TX 77904
9-124.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1503 E Virginia Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/03/2026
Price Reduced
$318,400
-0.47%
MLS
7/21/2026
Listed
$319,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Cornerstone Properties

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Listed by Coldwell Banker D'Ann Harper

1503 E Virginia Avenue, Victoria, TX 77901 (MLS# 620272) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1503 E Virginia Avenue is currently listed for $318,400 and was received on July 21, 2026. Want to learn more about 1503 E Virginia Avenue? Do you have questions about finding other Multi-Family real estate for sale in Victoria? You can browse all Victoria real estate or contact a Coldwell Banker agent to request more information.

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