
10-Unit Multifamily in Houston, TX
TX · listed Oct 26, 2026 (2 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Owner financingHigh yieldStabilized | $510K | $102K$102K | 8.1% |
Stabilized | $2.77M | $139K$139K | 6.1% |
Stabilized | $1.25M | $208K$208K | 6.4% |
Houston, TXValue-add | $1.5M | $150K$150K | — |
Houston, TXOwner financing | $950K | $158K$158K | — |
High yieldStabilized | $1.39M | $198K$198K | 9.6% |

