MULTIFAMILYRADAR
14-Unit Multifamily in Houston, TX, photo 1
Stabilized
$1,400,000

14-Unit Multifamily in Houston, TX

Harris County, TX · listed Sep 25, 2025 (397 days)

Price per unit compared
This property$100K
Within ~40 mi (272)$98K
Texas median (1,196)$92K
$/unit
$100,000
▲ 9% vs TX · 55th pct
Cap rate
6.4%
▼ 1.0 pts vs TX median
Gross yield
—
 
Units
14
1 bldg · 1982

Financials

Asking price
$1,400,000
Price per unit
$100,000
Price per sq ft
$78
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
6.4%
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
14
Unit mix
1 bedroom with 1.5 bathrooms to 3 bedrooms with 2 bathrooms
Buildings
1
Year built
1982
Building size
18,000 sq ft
Avg unit size
1,286 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 25, 2025
Days on market
397 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1670

About this property

Discover the ultimate multifamily investment opportunity! Presenting 12 fully occupied units that have been recently remodeled, located in a gated community, covered parking, green space with an outside cover patio, playground. 2 additional units are to-be-built. Each unit has a different unique layout and each unit offers amenities such as tile and laminate floors, and high efficiency washers and dryers. Units mix are 1 bedroom with 1.5 bathrooms to 3 bedrooms with 2 bathrooms. 25 Parking spots ~ 18 covered 7 uncovered. This prime property boasts exceptional accessibility, with convenient access from State Highway 35 (Telephone Road), I-45 South, Beltway 8, and I-610. Property is located close to all major shopping centers, Downtown Houston, and HISD schools. The property is situated in a favorable Flood Zone X, providing added peace of mind. With all the essential elements in place, this turnkey opportunity is too good to miss.

Need an income that is already established!! Well this property is for you!! room for two more.

Highlights

25 parking. 18 covered, 7 uncovered

Square footage 18,000’ 2 stories. (Change price per square foot. ft.)

#102 1 BD, 1.5 Bath 800’ downstairs With warehouse 2,000’, 10’ high Lease amount $1,500.00

#111. 1 BD 1 Bath 800’ Downstairs With warehouse 1500’ 10’ high Lease amount $1200.00

#100. 2 BD. 2 Bath. 1100’ With gated patio. Downstairs Lease amount. $1,250.00

#101. 3 BD. 2 Bath. 1300’ Large kitchen Upstairs Lease amount $1,350.00

#103. 2 BD. 1.5 Bath. 900’ Downstairs Lease amount $1,200.00

#104. 2 BD. 2 bath 900 ‘ Downstairs Lease amount $1,300.00

#105. 2 BD 2 bath 1000’ Downstairs with gated patio Lease amount $1,500.00

#106. 2 BD 2 bath 1,000’ Upstairs Lease amount $1,300.00

#107. 2 BD. 2 bath. 850’ Upstairs Leased amount $1,200.00

#108 2 BD 2 bath. 850’ Upstairs Lease amount $1,050.00

#109 1 BD 1 bath 650’ Upstairs Lease amount $700.00

#112. 1 BD 1.5 bath Downstairs Lease amount $700.00

(#110. 2 BD 2 Bath 950’ Upstairs To be built. $1100.00)

(#113. 2 BD 2 Bath. 1000’ Upstairs To be built $1,200.00)

Location

Approximate area. The exact address is shared on request.

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