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Value-add
$925,000
13-Unit Multifamily in Houston, TX
TX · listed Oct 8, 2026 (20 days)
Price per unit compared
This property$71K
Within ~40 mi (293)$96K
Texas median (1,196)$92K
- $/unit
- $71,154
- ▼ 23% vs TX · 33rd pct
- Cap rate
- —
- NOI
- $85K
- $6,538/unit/yr
- Units
- 13
Financials
- Asking price
- $925,000
- Price per unit
- $71,154
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- $85,000
- NOI per unit
- $6,538
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 13
- Unit mix
- 11×1BR / 2×2BR
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 8, 2026
- Days on market
- 20 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 1320
About this property
13-UNIT MULTIFAMILY — HOUSTON, TX
$925,000 Asking
- 13 units
- 11×1BR / 2×2BR
- 100% vacant
- Value-add / lease-up opportunity
- Projected stabilized NOI: ~$85K
- Houston, TX 77061
Strong basis with operational upside.
Direct buyers only. DM for the full deal package.
Location
Somewhere in Houston. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Houston, TX New | $6.5M | $500K$500K | — |
| Houston, TX Value-add | $4.2M | $300K$300K | 9%gy |
| Houston, TX Value-add | $475K | $95K$95K | — |
| Houston, TX NewOwner financingValue-add | $875K | $109K$109K | — |
| Houston, TX NewStabilized | $600K | $120K$120K | 7% |
| Houston, TX Owner financingValue-add | $3.5M | $92K$92K | — |