MULTIFAMILYRADAR
5-Unit Multifamily in Houston, TX, photo 1
$3,250,000

5-Unit Multifamily in Houston, TX

TX · listed Sep 7, 2026 (51 days)

Price per unit compared
This property$650K
Within ~40 mi (275)$99K
Texas median (1,196)$92K
$/unit
$650,000
▲ 605% vs TX · 99th pct
Cap rate
—
 
Gross yield
—
 
Units
5
1978

Financials

Asking price
$3,250,000
Price per unit
$650,000
Price per sq ft
$258
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
1978
Building size
12,607 sq ft
Avg unit size
2,521 sq ft
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 7, 2026
Days on market
51 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1980

About this property

Rare opportunity to own an entire city block that took generations to assemble. Once a private school and now short-term housing for medical patients. Consisting of 5 homes, Owners Residence, Guest House, Auto Shop, Large Storage Unit, Pool, Fish Pond & Central Park, just minutes from Houston’s renowned Texas Medical Center. Spanning 3.14 acres, this one-of-a-kind property offers space and privacy in the heart of the city. Peaceful setting with exceptional flexibility for personal use, care facility or future redevelopment. The homes were fully remodeled. The owner’s residence features expansive style and design with large outdoor entertainment area. Entire block is fully enclosed with privacy fence and 10 automatic gates. Located in Willow Meadows known for quiet streets & strong community. Easy access to Hwy 90, 610, Beltway 8 & Fort Bend Tollway. Across the street from Rice University South Annex. Not in flood zone. Unrestricted.

Location

Approximate area. The exact address is shared on request.

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