MULTIFAMILYRADAR
6-Unit Multifamily in Baytown, TX, photo 11 / 24
Stabilized
$500,000

6-Unit Multifamily in Baytown, TX

TX · listed Aug 3, 2026 (86 days)

Price per unit compared
This property$83K
Within ~40 mi (244)$102K
Texas median (1,029)$100K
$/unit
$83,333
▼ 17% vs TX · 35th pct
Cap rate
—
 
NOI
$38K
$6,347/unit/yr
Units
6
1 bldg · 1960

Financials

Asking price
$500,000
Price per unit
$83,333
Price per sq ft
$185
Gross rent / year
Not stated
Net operating income
$38,082
NOI per unit
$6,347
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
6
Unit mix
Not stated
Buildings
1
Year built
1960
Building size
2,700 sq ft
Avg unit size
450 sq ft
Lot size
9148 acres
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Aug 3, 2026
Days on market
86 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1714

About this property

This fully renovated six-unit multifamily property offers a turnkey investment opportunity with strong income potential. Each unit is fully furnished and currently operating as a successful short-term rental, providing immediate cash flow for the next owner. Recent improvements include extensive renovations throughout the property and a brand-new commercial-grade TPO roof, offering long-term durability and reduced maintenance. List price is supported by a recent appraisal. Ideally located near several major industrial employers, the property is approximately 6.2 miles from ExxonMobil Baytown, 13 miles from Chevron Phillips, and 12 miles from the Shell and Pemex facilities in Deer Park. Its proximity to these employment centers creates consistent demand for both short-term and extended-stay accommodations. Whether expanding an investment portfolio or entering the furnished rental market, this property presents a rare opportunity in a high-demand location.

Highlights

  • 6-unit multifamily property
  • Fully renovated inside and out
  • Fully furnished units
  • Brand-new TPO commercial-grade roof
  • Currently active on Airbnb
  • Prime location near Baytown's industrial plants providing a high demand for short-term stays.

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
Baytown, TX
Stabilized
$500K$83K—
18-Unit Multifamily in Baytown, TXBaytown, TX
Stabilized
$1.8M$100K7.7%
8-Unit Multifamily in Seabrook, TXSeabrook, TX
Stabilized
$2.2M$275K—
7-Unit Multifamily in Kemah, TXKemah, TX$2M$286K—
6-Unit Multifamily in Bacliff, TXBacliff, TX
New
$4.5M$750K—
5-Unit Multifamily in Dayton, TXDayton, TX$560K$112K—