$1,750,000
20-Unit Multifamily in Houston, TX
Harris County, TX · listed Jun 26, 2025 (489 days)
Price per unit compared
This property$88K
Within ~40 mi (273)$99K
Texas median (1,196)$92K
- $/unit
- $87,500
- ▼ 5% vs TX · 46th pct
- Cap rate
- 7%
- ▼ 0.4 pts vs TX median
- Gross yield
- —
- Units
- 20
Financials
- Asking price
- $1,750,000
- Price per unit
- $87,500
- Price per sq ft
- $176
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 7%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 20
- Unit mix
- (1) 2 BR/1 BA, (13) 1 BR/1 BA, (6) Studios
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- 9,930 sq ft
- Avg unit size
- 497 sq ft
- Lot size
- 1.13 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 26, 2025
- Days on market
- 489 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1799
About this property
• • 20 Units: (1) 2 BR/1 BA, (13) 1 BR/1 BA, (6) Studios • • Total Building Size: 9,930sf • • Lot Size: 1.13 Acres • • 7% Cap Rate • • Below market rent • • Roof replaced in 2022 • • RUBS in place • • Close proximity to HOU Hobby Airport, 610 Loop, and I-45 • • Outside of all flood zones
Multifamily | 20 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TXHigh yieldValue-add | $2M | $91K$91K | 7.3% |
 Houston, TXHigh yieldValue-add | $1.65M | $103K$103K | 7.3% |
 Houston, TX▼ 3% cutValue-add | $600K | $67K$67K | — |
 Houston, TXNewOwner financingStabilized | $3M | $167K$167K | 5.3% |
 Houston, TXStabilized | $1.4M | $100K$100K | 6.4% |
 Houston, TXNewValue-add | $1.3M | $62K$62K | — |