MULTIFAMILYRADAR
10-Unit Multifamily in Houston, TX, photo 1
NewStabilized
$2,400,000

10-Unit Multifamily in Houston, TX

TX · listed Oct 26, 2026 (2 days)

Price per unit compared
This property$240K
Within ~40 mi (275)$99K
Texas median (1,196)$92K
$/unit
$240,000
▲ 160% vs TX · 91st pct
Cap rate
—
 
Gross yield
—
 
Units
10
2020

Financials

Asking price
$2,400,000
Price per unit
$240,000
Price per sq ft
$240
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
90%

As stated by the seller. Verify during due diligence.

Building

Units
10
Unit mix
10 two bedroom, two bathroom residences
Buildings
Not stated
Year built
2020
Building size
10,000 sq ft
Avg unit size
1,000 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Oct 26, 2026
Days on market
2 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1948

About this property

(address on request) presents an excellent opportunity to acquire a 10 unit multifamily investment property in Houston's 77004 area. The property features 10 two bedroom, two bathroom residences, each offering approximately 915 square feet of living space with functional layouts. Currently 90% leased, with nine occupied units and one vacant residence, the property provides existing rental income with the opportunity for additional income potential. Conveniently situated near the Texas Medical Center, Museum District, Downtown Houston, and major highways, the location offers accessibility to employment centers, universities, dining, and entertainment. With established rental operations, consistent unit configurations, and a central Houston location, this property offers investors an opportunity to expand their multifamily portfolio.

Location

Approximate area. The exact address is shared on request.

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