MULTIFAMILYRADAR
6-Unit Multifamily in Houston, TX, photo 11 / 13
▼ 1% cutValue-add
$1,110,000

6-Unit Multifamily in Houston, TX

TX · listed Sep 30, 2026 (28 days)

▼ Reduced 1.3% on Oct 27, 2026, was $1,125,000

Price per unit compared
This property$185K
Within ~40 mi (252)$102K
Texas median (1,029)$100K
$/unit
$185,000
▲ 85% vs TX · 83rd pct
Cap rate
—
 
Gross yield
—
 
Units
6
1930

Financials

Asking price
$1,110,000
Price per unit
$185,000
Price per sq ft
$408
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
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
Not stated
Year built
1930
Building size
2,720 sq ft
Avg unit size
453 sq ft
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 30, 2026
Days on market
28 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Oct 27, 2026: $1.13M → $1.11M
Location
Approximate (~0.5 mi)
Listing #
1605

About this property

Exceptional investment opportunity at 2509 & (address on request) in Houston! This six-unit multifamily property features nicely updated interiors and high-end finishes that elevate its rental appeal. One unit is currently leased, while five additional units offer significant lease-up potential to grow income and build long-term value. The combination of updated units and available inventory creates an attractive opportunity for investors seeking to expand their portfolio and execute a value-add strategy through occupancy growth. Bring your leasing plan and capitalize on the income potential of this six-unit Houston investment!

Location

Approximate area. The exact address is shared on request.

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