
6-Unit Multifamily in Houston, TX
TX · listed Oct 20, 2026 (8 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Value-add | $1.6M | $133K$133K | — |
Houston, TX▼ 8% cut | $1.15M | $192K$192K | — |
Houston, TX | $1.09M | $219K$219K | — |
Houston, TXNewStabilized | $1.6M | $267K$267K | — |
Stabilized | $1.88M | $235K$235K | 5.4% |
Houston, TXValue-add | $1.49M | $124K$124K | — |



