1 / 211-Unit Multifamily in Houston, TX
Harris County, TX · listed Dec 19, 2025 (313 days)
- $/unit
- $77,273
- ▼ 16% vs TX · 37th pct
- Cap rate
- —
- NOI
- $64K
- $5,826/unit/yr
- Units
- 11
- 1 bldg · 1979
Financials
- Asking price
- $850,000
- Price per unit
- $77,273
- Price per sq ft
- $185
- Gross rent / year
- $127,099
- Net operating income
- $64,081
- NOI per unit
- $5,826
- Cap rate
- Not stated
- Gross yield
- 14.9%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 11
- Unit mix
- Not stated
- Buildings
- 1
- Year built
- 1979
- Building size
- 4,598 sq ft
- Avg unit size
- 418 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Dec 19, 2025
- Days on market
- 313 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1913
About this property
(address on request) is an 11-unit multifamily investment opportunity located in a high-demand Houston submarket experiencing continued residential and mixed-use redevelopment. The property offers investors stable in-place income with value-add potential through rent growth and operational efficiencies, while also providing long-term optionality for redevelopment given the site’s location and surrounding development activity. Its proximity to major employment hubs, retail corridors, and infill development supports strong tenant demand and multiple exit strategies.
Multifamily | 11 Units | $77,273/unit
Highlights
Value Add
Land Cover play
Redevelopment Opportunity
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
 Houston, TXNewStabilized | $1.2M | $120K$120K | — |
 Houston, TXValue-add | $590K | $98K$98K | — |
 Houston, TXStabilized | $996K | $71K$71K | — |
 Houston, TXHigh yieldStabilized | $800K | $80K$80K | 10% |
 Houston, TXValue-add | $750K | $94K$94K | — |
 Houston, TXNewStabilized | $1.8M | $180K$180K | — |