MULTIFAMILYRADAR
5-Unit Multifamily in Wichita Falls, TX, photo 11 / 12
Value-add
$450,000

5-Unit Multifamily in Wichita Falls, TX

Wichita County, TX · listed Jan 23, 2026 (277 days)

Price per unit compared
This property$90K
Texas median (1,029)$100K
$/unit
$90,000
▼ 10% vs TX · 41st pct
Cap rate
—
 
Gross yield
—
 
Units
5
1930

Financials

Asking price
$450,000
Price per unit
$90,000
Price per sq ft
$90
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
2 Units are 1 bed/ bath; 2 units are 2/1 bath and the 5th unit is a storage space
Buildings
Not stated
Year built
1930
Building size
4,984 sq ft
Avg unit size
997 sq ft
Lot size
0.86 acres
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Jan 23, 2026
Days on market
277 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1222

About this property

Investment opportunity. This complex has a recently paved parking lot that leads to 5 units. 2 Units are 1 bed/ bath; 2 units are 2/1 bath and the 5th unit is a storage space; however, we have engineer plans for a value add fifth unit that would be a 2 bed/ 1 bath space. There is a lot of green space at this complex that is inviting to pets and tenants who enjoy the outdoors. 1 - 1 bedroom is currently vacant. The rest of the complex is occupied. Owner is willing to sell this with a package. Ask for details

Multifamily | 5 Units

Location

Approximate area. The exact address is shared on request.

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