MULTIFAMILYRADAR
5-Unit Multifamily in Houston, TX, photo 11 / 20
Stabilized
$699,990

5-Unit Multifamily in Houston, TX

TX · listed Aug 19, 2026 (70 days)

Price per unit compared
This property$140K
Within ~40 mi (269)$100K
Texas median (1,029)$100K
$/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.

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