MULTIFAMILYRADAR
22-Unit Multifamily in Houston, TX, photo 1
Value-add
$325,000

22-Unit Multifamily in Houston, TX

TX · listed Aug 29, 2026 (60 days)

Price per unit compared
This property$15K
Within ~40 mi (293)$96K
Texas median (1,196)$92K
$/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.

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