MULTIFAMILYRADAR
20-Unit Multifamily in Houston, TX, photo 1
Stabilized
$1,900,000

20-Unit Multifamily in Houston, TX

TX · listed Jun 18, 2026 (132 days)

Price per unit compared
This property$95K
Within ~40 mi (270)$98K
Texas median (1,196)$92K
$/unit
$95,000
▲ 3% vs TX · 52nd pct
Cap rate
—
 
Gross yield
—
 
Units
20
1956

Financials

Asking price
$1,900,000
Price per unit
$95,000
Price per sq ft
$146
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
20
Unit mix
Not stated
Buildings
Not stated
Year built
1956
Building size
13,000 sq ft
Avg unit size
650 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Jun 18, 2026
Days on market
132 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2060

About this property

Well-maintained 20-unit multifamily apartment complex in a prime Houston location. The property features multiple brick buildings with a strong unit mix, efficient floor plans, bright living areas, comfortable bedrooms with ample closet space, and practical finishes throughout. Situated on an approximately 22,500 square foot lot with lawn space, concrete walkways, perimeter fencing, and dedicated tenant parking. Conveniently located near major Houston thoroughfares, public transportation, schools, parks, shopping, and dining. An excellent opportunity for investors seeking a well-established multifamily property in a desirable location. Buyer to independently verify all property information, measurements, restrictions, and suitability.

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
13-Unit Multifamily in Houston, TXHouston, TX
Value-add
$925K$71K—
14-Unit Multifamily in Houston, TXHouston, TX
Stabilized
$1.4M$100K6.4%
37-Unit Multifamily in Houston, TXHouston, TX
Value-add
$3.16M$85K—
21-Unit Multifamily in Houston, TXHouston, TX
NewValue-add
$1.3M$62K—
20-Unit Multifamily in Houston, TXHouston, TX$1.75M$88K7%
22-Unit Multifamily in Houston, TXHouston, TX
High yieldValue-add
$2M$91K7.3%