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High yieldStabilized
$1,200,000
19-Unit Multifamily in South Houston, TX
TX · listed Sep 16, 2026 (42 days)
Price per unit compared
This property$63K
Within ~40 mi (270)$98K
Texas median (1,196)$92K
- $/unit
- $63,158
- ▼ 31% vs TX · 24th pct
- Cap rate
- 10%
- ▲ 2.6 pts vs TX median
- Gross yield
- —
- Units
- 19
Financials
- Asking price
- $1,200,000
- Price per unit
- $63,158
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 10%
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 19
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 16, 2026
- Days on market
- 42 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 2120
About this property
🏢 OFF-MARKET 19-UNIT MULTIFAMILY | SOUTH HOUSTON
📍South Houston, TX 77587
💰 Asking: $1.2M 📈 10% Cap Rate 🔑 100% Occupied — 19/19 Units 🧺 Washateria generating ~$7K/year 📊 Strong existing cash flow + rental upside
A solid buy-and-hold opportunity for multifamily investors looking to add a cash-flowing asset to their portfolio.
Serious buyers only. DM me for the NOI, financials, and full deal package.
Poster's replies in the comments: Liuver Sanudo Gave you a call, give me a call back when you get a chance!
Location
Somewhere in South Houston. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| South Houston, TX NewHigh yieldStabilized | $1.05M | $55K$55K | 10% |
 South Houston, TXStabilized | $550K | $69K$69K | — |
 South Houston, TX | $700K | $70K$70K | — |
 South Houston, TXStabilized | $4.6M | $110K$110K | — |
 South Houston, TXValue-add | $895K | $81K$81K | — |
 Pasadena, TXValue-add | $1.2M | $71K$71K | 7.6% |