MULTIFAMILYRADAR
5-Unit Multifamily in Houston, TX, photo 11 / 21
Stabilized
$799,900

5-Unit Multifamily in Houston, TX

Harris County, TX · listed Feb 16, 2026 (253 days)

Price per unit compared
This property$160K
Within ~40 mi (258)$100K
Texas median (1,029)$100K
$/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.

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