NewOwner financing
$1,550,000
24-Unit Multifamily in Houston, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$65K
Within ~40 mi (293)$96K
Texas median (1,196)$92K
- $/unit
- $64,583
- ▼ 30% vs TX · 25th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 24
- 1964
Financials
- Asking price
- $1,550,000
- Price per unit
- $64,583
- Price per sq ft
- $112
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 60%
As stated by the seller. Verify during due diligence.
Building
- Units
- 24
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1964
- Building size
- 13,850 sq ft
- Avg unit size
- 577 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Available
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1917
About this property
Highlights
- Owner Financing
- No Credit or Bad Credit OK
- Multi-Family
- 60% Occupancy
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TXValue-add | $1.55M | $65K$65K | — |
 Houston, TXHigh yieldValue-add | $1.68M | $70K$70K | 8.9% |
 Houston, TXHigh yieldStabilized | $969K | $65K$65K | 8.5% |
 Houston, TXNewStabilized | $850K | $94K$94K | — |
 Houston, TXStabilized | $700K | $140K$140K | — |
 Houston, TX | $725K | $91K$91K | — |