14-Unit Multifamily in Houston, TX
Harris County, TX · listed Sep 25, 2025 (397 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Value-add | $3.16M | $85K$85K | — |
Houston, TXValue-add | $925K | $71K$71K | — |
Houston, TXStabilized | $1.9M | $95K$95K | — |
High yieldValue-add | $1.65M | $103K$103K | 7.3% |
| $1.75M | $88K$88K | 7% | |
High yieldValue-add | $2M | $91K$91K | 7.3% |

