Flexible 4-Unit Property Opportunity in Midland

For Lease

2400 College Avenue, Midland, TX 79701

The total number of office spaces available at Flexible 4-Unit Property Opportunity in Midland is 1. Leasing opportunities in the building include office. There is a total of 2,499 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 2,499 square feet.

Space Available For Lease 1

Contacts

Alonso Hernandez

ERES

Property Details

  • Property Type Office - General Office
  • Property Size 2,499 SF
  • Units 4
  • Lot Size 0.16 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1948
  • Date Updated May 14, 2026
2400 College Avenue is located in Midland, Texas, within an established residential neighborhood near major area roadways, employers, and service amenities. Midland sits at the center of the Permian Basin, one of the most active energy-producing regions in the United States, supporting demand for workforce housing, corporate housing, long-term rentals, and short-term rental opportunities.2400 College Avenue presents a unique multifamily investment opportunity in Midland, Texas, offering four 1 bedroom / 1 bathroom units totaling approximately 2,499 square feet. Positioned in an established neighborhood, the property provides investors with multiple income strategies, including long-term rentals, short-term rental conversion, or an Airbnb-focused operating model. The asset is located in one of Texas’s strongest energy-driven markets, where workforce housing, contractor demand, and corporate travel continue to support rental demand. With a stated pro forma cap rate of 8%, seller willingness to negotiate closing costs, and property management already in place, this offering is positioned for investors seeking cash flow, upside, and operational flexibility.2400 College Avenue is a 4-unit residential property available for lease in Midland, TX. The property includes approximately 2,499 square feet of total living area across four individual units, each configured with dedicated living, kitchen, bedroom, and bathroom space. The layout is well-suited for workforce housing, staff housing, company housing, furnished rental use, or traditional residential occupancy, subject to applicable zoning, licensing, and local approvals. With separate units, covered porch areas, and a manageable small multifamily configuration, the property offers a practical housing solution for users seeking multiple units in one location.
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Highlights

  • 4-unit residential property located in Midland
  • Approximately 2,499 SF of total living area
  • Covered porch areas enhance usability and residential appeal
  • Four individual units with dedicated living, kitchen, bedroom, and bathroom areas
  • Lease rate and terms negotiable
  • Manageable small multifamily layout with straightforward operations
  • Separate unit configuration supports multiple housing needs in one location
  • Suitable for workforce housing, staff housing, company housing, furnished rental use, or traditional residential occupancy

Attachments

Getting around

  • 52/100

    Walk Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Midland, TX
  • Neighborhood Permian Estates-College Heights
  • Zip Code 79701
  • Market Midland Odessa

Points of Interest

  • 7-Eleven

    1.09 miles

  • Amigo's Gas Station

    1.64 miles

  • Walmart

    1.71 miles

  • Sunoco

    1.72 miles

  • Stripes

    1.86 miles

  • Exxon

    1.87 miles

  • Kent Kwik Gas Station

    2.05 miles

  • Tesla Supercharger

    3.76 miles

  • LHS Parking

    2.42 miles

  • HEB Parking Lot

    3.39 miles

  • Wyndham Garden Midland

    0.58 miles

  • Super 8 Midland

    1.28 miles

  • Days Inn by Wyndham Midland

    1.39 miles

  • DoubleTree by Hilton Hotel Midland Plaza

    1.48 miles

  • Country Inn & Suites

    1.55 miles

  • Comfort Inn

    1.59 miles

  • Quality Inn

    1.63 miles

  • Microtel Inn & Suites by Wyndham Midland

    1.73 miles

  • La Quinta Inn Midland

    1.77 miles

  • Candlewood Suites

    1.77 miles

  • Kingsway Mall

    1.15 miles

  • Albertsons

    1.24 miles

  • Walmart Supercenter

    1.85 miles

  • H-E-B

    2.67 miles

  • Holt Ranch Plaza

    3.01 miles

  • Texas Pride Plaza

    3.22 miles

  • United Supermarkets

    3.30 miles

  • Red Oak Plaza

    3.30 miles

  • Dillard's

    3.44 miles

  • TJ Maxx

    3.46 miles

2400 College Avenue Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 2400 College Avenue has to offer.

  • See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the Permian Estates-College Heights neighborhood of Midland and located within zip code 79701.

    2400 College Avenue was originally completed in 1948 and is rated class C. The building includes 2,499 square feet, of which 2,499 square feet is rentable office space.

Contact Listing Broker
Alonso Hernandez

ERES

  1. 1Main information
  2. 2Extra information
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