1 / 205-Unit Multifamily in Houston, TX
TX · listed Aug 19, 2026 (70 days)
- $/unit
- $139,998
- ▲ 40% vs TX · 70th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 1960
Financials
- Asking price
- $699,990
- Price per unit
- $139,998
- Price per sq ft
- $185
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- five 2-bedroom, 1-bath residences
- Buildings
- Not stated
- Year built
- 1960
- Building size
- 3,790 sq ft
- Avg unit size
- 758 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 19, 2026
- Days on market
- 70 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1148
About this property
(address on request)reet presents a fully renovated, income-producing 5-unit multifamily property featuring five 2-bedroom, 1-bath residences totaling 3,790 rentable square feet on an oversized 11,250-square-foot lot. Extensively renovated in 2025 with more than $200,000 in capital improvements, this low-maintenance asset offers immediate cash flow and long-term appreciation potential. The property is 100% occupied and was appraised at $775,000 this year. Tenants are responsible for their own utilities (with water billed on a prorated basis), helping to reduce operating expenses and enhance investor returns. This property provides an immediate equity opportunity in addition to stable, in-place income. Full Offering Memorandum and P&L statement available in the attachments. Please do not disturb tenants.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Houston, TXHigh yieldStabilized | $969K | $65K$65K | 8.5% |
Houston, TXHigh yieldValue-add | $1.68M | $70K$70K | 9.7% |
Houston, TXNewStabilized | $850K | $94K$94K | — |
Houston, TXNewOwner financing | $1.55M | $65K$65K | — |
Houston, TXValue-add | $1.55M | $65K$65K | — |
Houston, TXStabilized | $550K | $110K$110K | — |





