12-Unit Multifamily in Houston, TX
TX · listed Oct 12, 2026 (15 days)
- $/unit
- $177,500
- ▲ 78% vs TX · 81st pct
- Cap rate
- —
- Gross yield
- 12.2%
- Units
- 12
Financials
- Asking price
- $2,130,000
- Price per unit
- $177,500
- Price per sq ft
- Not stated
- Gross rent / year
- $260,100
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 12.2%gross rent ÷ price
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 12, 2026
- Days on market
- 15 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 1515
About this property
Calling all investors out there, have you seen this deal yet? •
This off-market Northeast Houston portfolio includes six newly built duplexes, totaling 12 units, with 100% occupancy and leases in place through 2027.
Built in 2024-2025, the portfolio generates $260,100+ in annual gross rental income, with separate water and electric meters, low taxes and insurance, and minimal maintenance needs.
Purchase the entire portfolio for $2.13M, or acquire individual duplexes for $355K. With income already in place, this is a rare opportunity to step into a stabilized Houston investment.
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Location
Somewhere in Houston. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Houston, TX Stabilized | $700K | $140K$140K | 11.3%gy |
 Houston, TXStabilized | $2.2M | $367K$367K | — |
| Houston, TX NewOwner financing | $750K | $94K$94K | — |
| Houston, TX Owner financingHigh yieldStabilized | $1.4M | $82K$82K | 9.3% |
| Houston, TX Value-add | $925K | $71K$71K | — |
| Houston, TX Owner financingHigh yieldStabilized | $1.4M | $82K$82K | 9.3% |