
5-Unit Multifamily in Plano, TX
TX · listed Aug 28, 2026 (61 days)
- $/unit
- $195,000
- ▲ 112% vs TX · 85th pct
- Cap rate
- —
- NOI
- $70K
- $14,000/unit/yr
- Units
- 5
- 1 bldg · 1946
Financials
- Asking price
- $975,000
- Price per unit
- $195,000
- Price per sq ft
- $324
- Gross rent / year
- $84,000
- Net operating income
- $70,000
- NOI per unit
- $14,000
- Cap rate
- Not stated
- Gross yield
- 8.6%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- Not stated
- Buildings
- 1
- Year built
- 1946
- Building size
- 3,008 sq ft
- Avg unit size
- 602 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 28, 2026
- Days on market
- 61 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1763
About this property
Fully renovated five-unit multifamily investment opportunity in Plano, Texas, situated on approximately 0.36 acres. This property has been extensively rebuilt and renovated from the framing, with major improvements including new flooring, ceilings, kitchens, cabinetry, bathrooms, appliances, and a Class 3 impact-resistant roof. Offering approximately 3,008 square feet, the property is in turnkey condition and positioned for strong long-term investment potential. Conveniently located near the major Collin Creek Mall redevelopment and other area improvements. A large open area at the rear of the property may provide potential for additional multifamily expansion or other future development, subject to zoning, permitting, and City of Plano approval. Short-term rental use may also be possible, subject to applicable laws and regulations. Buyer to independently verify all development, zoning, rental, and use possibilities.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Dallas, TXHigh yieldStabilized | $450K | $90K$90K | 15.6%gy |
Dallas, TXNewHigh yield | $250K | $50K$50K | 21.9%gy |
▼ 3% cutStabilized | $150K | $30K$30K | — |
Dallas, TX | $775K | $78K$78K | — |
Value-add | $855K | $107K$107K | 7.7% |
▼ 9% cutStabilized | $1.5M | $83K$83K | 7.6% |


