MULTIFAMILYRADAR
6-Unit Multifamily in Houston, TX, photo 1
NewStabilized
$1,495,000

6-Unit Multifamily in Houston, TX

TX · listed Oct 20, 2026 (8 days)

Price per unit compared
This property$249K
Within ~40 mi (279)$98K
Texas median (1,196)$92K
$/unit
$249,167
▲ 170% vs TX · 91st pct
Cap rate
—
 
Gross yield
6.8%
 
Units
6
1939

Financials

Asking price
$1,495,000
Price per unit
$249,167
Price per sq ft
$647
Gross rent / year
$101,000
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
6.8%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
6
Unit mix
Not stated
Buildings
Not stated
Year built
1939
Building size
2,312 sq ft
Avg unit size
385 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Oct 20, 2026
Days on market
8 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1134

About this property

An incredible 6 unit income producing property in ever popular Montrose. Monthly income of $8,450 or $101K/year. Front building is being used for commercial tenants. It is a Duplex with 3 offices plus a waiting area/unit. Each has its own private balcony or massive patio, filled with lots of character, hardwood & tile floors. Whole building has recently undergone countless upgrades attracting long term professional tenants. Separate building in the back has an additional 4 units. Making this mixed use property a solid long term investment. Creating an extremely rare opportunity in a centralized location. 2 blocks from the Montrose collective, 1.5 blocks from Niko Niko’s & across the street from Postino. An opportunity to profit from very sought after qualities that this location & neighborhood allows. Own a strong investment in the Prestigious Montrose area. A location near impossible to beat. Present & future land demand in this area will grow your investment. Location is a rare gem.

Location

Approximate area. The exact address is shared on request.

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