MULTIFAMILYRADAR
10-Unit Multifamily in Wichita Falls, TX, photo 11 / 12
Value-add
$649,900

10-Unit Multifamily in Wichita Falls, TX

TX · listed Nov 10, 2025 (352 days)

Price per unit compared
This property$65K
Texas median (1,029)$100K
$/unit
$64,990
▼ 35% vs TX · 18th pct
Cap rate
—
 
Gross yield
—
 
Units
10
 

Financials

Asking price
$649,900
Price per unit
$64,990
Price per sq ft
$69
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
10
Unit mix
Not stated
Buildings
Not stated
Year built
Not stated
Building size
9,424 sq ft
Avg unit size
942 sq ft
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Nov 10, 2025
Days on market
352 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1656

About this property

Investment opportunity! 1109 Harrison is a 10-unit complex with 9/10 units currently occupied. Each unit includes covered parking, with electric and gas metered separately. Most units have been updated but a few units still need updates—offering major upside potential! Convert the 1-bedrooms into 2-bedrooms to increase cash flow and maximize your ROI. The property features the charm of a historic building focusing on the hard woods throughout, penny tile, and tile roof. Management is in place, so buy and go

Multi-family

Location

Approximate area. The exact address is shared on request.

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