5-Unit Multifamily in Houston, TX
TX · listed Oct 7, 2026 (21 days)
- $/unit
- $75,000
- ▼ 25% vs TX · 28th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 1935
Financials
- Asking price
- $375,000
- Price per unit
- $75,000
- Price per sq ft
- $177
- 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
- 1935
- Building size
- 2,121 sq ft
- Avg unit size
- 424 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 7, 2026
- Days on market
- 21 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1689
About this property
This property was renovated in 2023 by previous owner. This property includes two buildings: Main House-2 bed / 1 bath leased at $1,200/mo plus $100 towards electricity & tenant takes care of yard maintenance. Back building includes 4 studio units - bottom 2 units leasing at $650 & top 2 units leasing at $775. Unit 4 & Main House are vacant. Back building tenants pay $50/ea towards electricity and $20/ea towards trash. Whether you're looking to expand your portfolio or jump into multifamily investing, this one’s ready to go. Hard to beat the location, the condition, and the income. REO by private lender. Seller has completed repairs and updates and is disclosing only what is known after acquisition.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TXStabilized | $750K | $94K$94K | 7.7% |
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 Houston, TX▼ 4% cutHigh yieldValue-add | $625K | $125K$125K | 8.2% |
 Houston, TXHigh yieldStabilized | $715K | $143K$143K | 10.1% |
 Houston, TXStabilized | $479K | $96K$96K | — |
 Houston, TXNew construction | $1.38M | $229K$229K | — |