
22-Unit Multifamily in Houston, TX
TX · listed Aug 29, 2026 (60 days)
- $/unit
- $14,773
- ▼ 84% vs TX · 0th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 22
- 1925
Financials
- Asking price
- $325,000
- Price per unit
- $14,773
- Price per sq ft
- $207
- 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
- 22
- Unit mix
- 22 rooms for rent along with a separate back house
- Buildings
- Not stated
- Year built
- 1925
- Building size
- 1,570 sq ft
- Avg unit size
- 71 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 29, 2026
- Days on market
- 60 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1655
About this property
(address on request) offers a spacious property with a unique layout, featuring 22 rooms for rent along with a separate back house. The property is currently tenant-occupied, with 5 rooms vacant as of 8/26, giving a buyer flexibility to continue the existing setup. Some make-ready improvements have been completed, along with minor plumbing repairs. The property features composition shingle roofing (10+ years old), window AC units, and no garage or carport. All appliances currently located on the property will remain with the sale. Property is being sold as-is. Conveniently located in Houston with easy access to major roads, area businesses, and nearby amenities. Buyer to independently verify room count, dimensions, property use, condition, permitted uses, and all other property information.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Houston, TX | $1.1M | $157K$157K | — |
Houston, TXNew | $725K | $145K$145K | — |
Houston, TXNewStabilized | $549K | $78K$78K | — |
Houston, TX | $380K | $54K$54K | — |
| Houston, TX NewOwner financingHigh yield | $1.4M | $82K$82K | 9.3% |
▼ 7% cutHigh yieldValue-add | $789K | $49K$49K | 9.6% |



