MULTIFAMILYRADAR
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5-Unit Multifamily in Crosby, TX, photo 1
Value-add
$324,500

5-Unit Multifamily in Crosby, TX

TX · listed Jun 22, 2026 (128 days)

Price per unit compared
This property$65K
Within ~40 mi (241)$98K
Texas median (1,029)$100K
$/unit
$64,900
▼ 35% vs TX · 18th pct
Cap rate
—
 
Gross yield
—
 
Units
5
1945

Financials

Asking price
$324,500
Price per unit
$64,900
Price per sq ft
$220
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
5
Unit mix
Not stated
Buildings
Not stated
Year built
1945
Building size
1,475 sq ft
Avg unit size
295 sq ft
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Jun 22, 2026
Days on market
128 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1690

About this property

calling all investors. This versatile property offers a unique multi-structure setup on a generously sized lot with frontage along Pine Street perfect for food truck spots and access near Krenek Road. The site includes a single-family residence, a small home and a duplex, creating multiple income and redevelopment opportunities. The duplex is currently tenant-occupied, providing immediate cash flow. The additional structures offer value-add potential for renovation, rental optimization, or repositioning depending on the buyer’s strategy. Surrounded by mature trees and set within an established area, the property provides flexibility for an investor or owner seeking a mix of current income and future upside. Ideal for those looking to expand a rental portfolio, renovate existing units, or explore long-term development potential

Location

Approximate area. The exact address is shared on request.

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