1 / 246-Unit Multifamily in Baytown, TX
TX · listed Aug 3, 2026 (86 days)
- $/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
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Baytown, TX Stabilized | $500K | $83K$83K | — |
Baytown, TXStabilized | $1.8M | $100K$100K | 7.7% |
Seabrook, TXStabilized | $2.2M | $275K$275K | — |
Kemah, TX | $2M | $286K$286K | — |
Bacliff, TXNew | $4.5M | $750K$750K | — |
Dayton, TX | $560K | $112K$112K | — |




