24-Unit Multifamily in Houston, TX
TX · listed Oct 25, 2026 (2 days)
- $/unit
- $64,583
- ▼ 30% vs TX · 25th pct
- Cap rate
- —
- Gross yield
- 8%
- Units
- 24
Financials
- Asking price
- $1,550,000
- Price per unit
- $64,583
- Price per sq ft
- Not stated
- Gross rent / year
- $124,000
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 8%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 24
- Unit mix
- 20 one-bedroom, 4 two-bedroom
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Available
Listing
- Listed
- Oct 25, 2026
- Days on market
- 2 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 1086
About this property
**24-Unit Multifamily | Houston, TX | Owner Financing Available**
**Asking: $1,550,000 + 3% Fee ($64.6K/unit)**
**Property Details:** * 24 units (20 one-bedroom, 4 two-bedroom) * Built in 1964, Class C * 13,850 SF on 0.67 acres * Two-story apartment building on a corner lot * Located in an Opportunity Zone * 2025 Gross Rental Income: $124,000 * Occupancy: 60%–92% reported (needs verification)
**Financing:** * Owner financing available * Listing states no credit or bad credit accepted * Specific financing terms available upon inquiry
Potential value-add opportunity through improving occupancy and operations. Located near several Houston universities, with potential for traditional rentals or student housing.
For more details, email **[](mailto:)**.
Location
Somewhere in Houston. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Houston, TX | $3.4M | $117K$117K | 5.7% |
| Houston, TX Value-add | $4.2M | $300K$300K | 9%gy |
| Houston, TX | $475K | $68K$68K | — |
| Houston, TX Owner financingStabilized | $2.85M | $110K$110K | — |
| Houston, TX NewStabilized | $2.85M | $89K$89K | 5.9% |
| Houston, TX Owner financingStabilized | $2.85M | $110K$110K | — |