1 / 215-Unit Multifamily in Houston, TX
Harris County, TX · listed Feb 16, 2026 (253 days)
- $/unit
- $159,980
- ▲ 60% vs TX · 78th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 1 bldg · 1930
Financials
- Asking price
- $799,900
- Price per unit
- $159,980
- Price per sq ft
- $182
- 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
- Four oversized 3-bed, 1-bath units and one fully updated 1-bed, 1-bath efficiency
- Buildings
- 1
- Year built
- 1930
- Building size
- 4,403 sq ft
- Avg unit size
- 881 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Feb 16, 2026
- Days on market
- 253 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1785
About this property
Rare investment opportunity in the heart of Houston! This turnkey 5-unit multifamily property sits on a spacious 10,920 sqft lot and has been extensively renovated from the ground up. Property Highlights: Unit Mix: Four oversized 3-bed, 1-bath units and one fully updated 1-bed, 1-bath efficiency. Major CapEx Completed: Brand new roof, foundation, plumbing, electrical, and HVAC systems. Utility Setup: Separate electric meters; master water meter with individual sub-meters for easy billing. Parking: Newly paved lot featuring 2 assigned spots per unit, plus ample additional parking on the front and side. Stability: 100% occupied with all units under 12-month lease agreements. With 4,430 sqft of pristine living space, this property offers a low-maintenance, high-yield addition to any portfolio. Move-in ready for tenants and "set-it-and-forget-it" ready for the savvy investor. Schedule your showing today!
Multifamily | 5 Units | $159,980/unit
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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Houston, TXStabilized | $750K | $94K$94K | 7.7% |
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Houston, TXHigh yieldStabilized | $715K | $143K$143K | 10.1% |
Houston, TXNew construction | $1.38M | $229K$229K | — |
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