MULTIFAMILYRADAR
5-Unit Multifamily in Rockport, TX, photo 1
Value-add
$799,900

5-Unit Multifamily in Rockport, TX

Aransas County, TX · listed Mar 4, 2025 (603 days)

Price per unit compared
This property$160K
Within ~40 mi (20)$80K
Texas median (1,196)$92K
$/unit
$159,980
▲ 74% vs TX · 80th pct
Cap rate
—
 
Gross yield
—
 
Units
5
1980

Financials

Asking price
$799,900
Price per unit
$159,980
Price per sq ft
$99
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
4-plex with two 2-bedroom/2-bath units, one 2-bedroom/1-bath unit, and one efficiency-style 1-bedroom/1-bath unit. A 1964 sqft house - 3 bedrooms/ 2 baths/ office.
Buildings
Not stated
Year built
1980
Building size
8,075 sq ft
Avg unit size
1,615 sq ft
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Mar 4, 2025
Days on market
603 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1124

About this property

Ready to add to your rental portfolio? This rare multi-unit property offers income potential in the charming community of Rockport. With Redfish Bay and Aransas Bay just across the street, this property is situated minutes from downtown Rockport, Bluewater Rockport Beach Park, public boat ramps, and many great fishing spots. The location is perfectly suited for those who crave the coastal South Texas lifestyle. This income-producing property has a great rental history. The property includes: a 4-plex with two 2-bedroom/2-bath units, one 2-bedroom/1-bath unit, and one efficiency-style 1-bedroom/1-bath unit. A 1964 sqft house - 3 bedrooms/ 2 baths/ office. Each unit has a unique layout and lots of space, making it a breeze to lease. Additionally, there is a 3,750 sqft duplex shell that is unfinished and ready to be constructed into another income-producing unit. The property is just under 2 acres with space to add to your portfolio. 2018 roofs, a well-maintained septic, and lovely tenants. This is a great opportunity for the right investor to take over. Call your favorite REALTOR® today and schedule a showing!

Income Producing in Rockport with more earning potential

Location

Approximate area. The exact address is shared on request.

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