New▼ 8% cutValue-add
$1,850,000
17-Unit Multifamily in Houston, TX
Harris County, TX · listed Oct 19, 2026 (8 days)
▼ Reduced 7.5% on Oct 19, 2026, was $1,999,900
Price per unit compared
This property$109K
Within ~40 mi (257)$99K
Texas median (1,029)$100K
- $/unit
- $108,824
- ▲ 9% vs TX · 55th pct
- Cap rate
- 6%
- ▼ 1.3 pts vs TX median
- NOI
- $111K
- $6,514/unit/yr
- Units
- 17
- 6 bldg · 1984
Financials
- Asking price
- $1,850,000
- Price per unit
- $108,824
- Price per sq ft
- $96
- Gross rent / year
- Not stated
- Net operating income
- $110,730
- NOI per unit
- $6,514
- Cap rate
- 6%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 17
- Unit mix
- Not stated
- Buildings
- 6
- Year built
- 1984
- Building size
- 19,334 sq ft
- Avg unit size
- 1,137 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 19, 2026
- Days on market
- 8 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 19, 2026: $2M → $1.85M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1401
About this property
Highlights
- Range, microwave, dishwasher, and washer/dryer connections in every unit
- Dedicated garage for every unit
- Lots of Capital improvements already completed
- Property Flyers
- Streamside_Offering_Memorandum_Updated
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TX | $2M | $118K$118K | — |
| Houston, TX New | $11M | $333K$333K | — |
 Houston, TXStabilized | $1.23M | $153K$153K | 4.6% |
 Houston, TX | $675K | $135K$135K | — |
 Houston, TXNew | $1.4M | $74K$74K | — |
 Houston, TXNewStabilized | $1.35M | $270K$270K | — |