
12-Unit Multifamily in Houston, TX
TX · listed Sep 25, 2026 (33 days)
- $/unit
- $39,583
- ▼ 57% vs TX · 9th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 12
- 1950
Financials
- Asking price
- $475,000
- Price per unit
- $39,583
- Price per sq ft
- $122
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 70%
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1950
- Building size
- 3,906 sq ft
- Avg unit size
- 326 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 25, 2026
- Days on market
- 33 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2155
About this property
Three Cute Apartment Cottage Buildings housing three refurbished Duplexes (6 Units). Opportunities like these won't last.. Nestled in a quiet Medical South neighborhood with happy tenants, this amazing opportunity awaits the smart investor. These 70% occupied buildings are located in an opportunity zone on a 12 square foot lot. There is plenty of yard space and the units are updated. With, though tight but adequate tenant parking, this opportunity is a must see. The area is growing in value with new development. The return on investment is great. Hurry, deals like these don't last. Only Unit 4718 B and 4720 B can be seen. Do not disturb tenants in other units.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Houston, TXNewStabilized | $720K | $103K$103K | — |
▼ 17% cutHigh yieldValue-add | $685K | $57K$57K | 13.9% |
Houston, TXStabilized | $699K | $117K$117K | — |
Houston, TXStabilized | $675K | $84K$84K | — |
High yieldValue-add | $1.15M | $77K$77K | 8.6% |
Houston, TXStabilized | $570K | $95K$95K | — |



