1 / 211-Unit Multifamily in Houston, TX
Harris County, TX · listed Aug 24, 2026 (65 days)
- $/unit
- $190,909
- ▲ 91% vs TX · 83rd pct
- Cap rate
- 10.4%
- ▲ 3.0 pts vs TX median
- NOI
- $218K
- $19,800/unit/yr
- Units
- 11
- 2003
Financials
- Asking price
- $2,100,000
- Price per unit
- $190,909
- Price per sq ft
- $180
- Gross rent / year
- Not stated
- Net operating income
- $217,800
- NOI per unit
- $19,800
- Cap rate
- 10.4%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 11
- Unit mix
- 1-4 bedroom units
- Buildings
- Not stated
- Year built
- 2003
- Building size
- 11,643 sq ft
- Avg unit size
- 1,058 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 24, 2026
- Days on market
- 65 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1162
About this property
10 unit recently remodeled Multi Family property with 1-4 bedroom units. This property has approved development plans for additional units. Situated in Harris County off I69, Near Mount Houston, and IAH Bush International Airport. Its strategic position between I610 and Sam Houston Toll Rd / Beltway 8 provides excellent access to both north and south sides of Houston along with excellent access to downtown Houston and the port. There are 2 elementary schools along with Barbara Jordan park near by making this multi family property an attractive choice for tenants. The property is in the X flood zone which shows the property has minimal flood risk.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TXValue-add | $1.2M | $80K$80K | — |
 Houston, TXNewHigh yieldStabilized | $2.13M | $355K$355K | 8.3% |
 Houston, TXHigh yieldStabilized | $969K | $65K$65K | 8.5% |
 Houston, TXHigh yieldValue-add | $1.1M | $92K$92K | 8.5% |
 Houston, TXStabilized | $1.1M | $92K$92K | — |
 Houston, TXHigh yieldStabilized | $499K | $71K$71K | 12.1%gy |