MULTIFAMILYRADAR
5-Unit Multifamily in Houston, TX, photo 11 / 2
Owner financingHigh yieldStabilized
$510,000

5-Unit Multifamily in Houston, TX

TX · listed Aug 18, 2026 (71 days)

Price per unit compared
This property$102K
Within ~40 mi (275)$99K
Texas median (1,196)$92K
$/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.

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