1 / 26-Unit Multifamily in Houston, TX
Harris County, TX · listed Apr 21, 2026 (190 days)
- $/unit
- $208,333
- ▲ 126% vs TX · 88th pct
- Cap rate
- 6.4%
- ▼ 1.0 pts vs TX median
- NOI
- $80K
- $13,267/unit/yr
- Units
- 6
- 3 bldg · 1950
Financials
- Asking price
- $1,250,000
- Price per unit
- $208,333
- Price per sq ft
- $349
- Gross rent / year
- Not stated
- Net operating income
- $79,600
- NOI per unit
- $13,267
- Cap rate
- 6.4%
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- Not stated
- Buildings
- 3
- Year built
- 1950
- Building size
- 3,578 sq ft
- Avg unit size
- 596 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Apr 21, 2026
- Days on market
- 190 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1198
About this property
Outstanding investment opportunity in a prime Houston location. This unique multifamily package includes two legal
descriptions and four separate addresses: 6323, 6325, 6327, and (address on request). The portfolio features three recently renovated
buildings totaling six fully occupied units. Each unit has been updated with modern finishes, including sleek cabinetry,
contemporary flooring, and fresh interior paint, ensuring a move-in-ready experience for tenants and low maintenance for the
owner. The kitchens feature updated appliances and stylish countertops, while the bathrooms boast clean, modern tile work.
With all six units currently leased, this property offers immediate cash flow and a turnkey addition to any portfolio. Situated
with easy access to major highways and downtown Houston, these homes stay in high demand. Don't miss out on this income-
generating asset with a proven track record. Schedule your tour today!
Three Recently Renovated Multifamily Buildings
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
 Houston, TXNewStabilized | $2.4M | $240K$240K | — |
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 Houston, TXOwner financingHigh yieldStabilized | $510K | $102K$102K | 8.1% |
 Houston, TXValue-add | $1.5M | $150K$150K | — |
 Houston, TXStabilized | $1.1M | $157K$157K | — |
 Houston, TXHigh yieldStabilized | $1.39M | $198K$198K | 9.6% |