5-Unit Multifamily in Houston, TX
TX · listed Aug 18, 2026 (71 days)
- $/unit
- $102,000
- ▲ 11% vs TX · 57th pct
- Cap rate
- 8.1%
- ▲ 0.7 pts vs TX median
- NOI
- $41K
- $8,270/unit/yr
- Units
- 5
- 2 bldg · 1945
Financials
- Asking price
- $510,000
- Price per unit
- $102,000
- Price per sq ft
- $143
- Gross rent / year
- Not stated
- Net operating income
- $41,352
- NOI per unit
- $8,270
- Cap rate
- 8.1%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- three one-bedroom units and two two-bedroom units
- Buildings
- 2
- Year built
- 1945
- Building size
- 3,564 sq ft
- Avg unit size
- 713 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Available
Listing
- Listed
- Aug 18, 2026
- Days on market
- 71 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1456
About this property
(address on request)reet is a boutique five-unit multifamily investment opportunity located within Houston's rapidly evolving University of Houston / Texas Medical Center Corridor. The property consists of two residential buildings totaling approximately 3,564 square feet situated on a 6,600-square-foot lot. The unit mix includes three one-bedroom units and two two-bedroom units, providing broad tenant appeal and stable rental demand.
The property is currently producing in-place income with all five units occupied. Utilities are billed back to tenants, helping improve operating efficiency and reduce ownership expenses.
What makes 3435 Rosedale particularly compelling is its exceptional location within one of Houston's strongest urban rental corridors. The property is located just minutes from the University of Houston, Texas Southern University, the Texas Medical Center, Hermann Park, the Museum District, Downtown Houston, and major transportation corridors including SH-288 and Interstate 45. These employment, education, healthcare, and entertainment destinations provide multiple long-term demand drivers supporting durable occupancy and continued neighborhood investment.
In addition, ownership has indicated a willingness to consider seller financing for qualified buyers, creating an attractive financing alternative in today's capital markets. Combined with its manageable size, accessible price point, and central location, 3435 Rosedale offers an appealing opportunity for private investors, owner-operators, and 1031 exchange buyers seeking long-term cash flow and appreciation.
Multifamily | 5 Units | $102,000/unit
Highlights
- Boutique five-unit multifamily investment opportunity
- Unit mix consisting of three one-bedroom units and two two-bedroom units
- Located within Houston's University of Houston / Texas Medical Center Corridor
- Stable in-place rental income, all units occupied
- Utilities billed back to tenants, helping reduce operating expenses
- Seller financing available for qualified buyers
- Minutes from the University of Houston, Texas Southern University, Texas Medical Center, Hermann Park, the Museum District, and Downtown Houston
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Houston, TXNewStabilized | $2.4M | $240K$240K | — |
Houston, TXOwner financing | $950K | $158K$158K | — |
Stabilized | $2.77M | $139K$139K | 6.1% |
Houston, TX▼ 1% cutValue-add | $1.11M | $185K$185K | — |
High yieldStabilized | $1.39M | $198K$198K | 9.6% |
| $350K | $44K$44K | — |


