1 / 136-Unit Multifamily in Houston, TX
TX · listed Sep 30, 2026 (28 days)
▼ Reduced 1.3% on Oct 27, 2026, was $1,125,000
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Houston, TXHigh yieldValue-add | $1.09M | $91K$91K | 9.3% |
Houston, TXOwner financing | $950K | $158K$158K | — |
Houston, TXValue-add | $899K | $150K$150K | — |
Houston, TXHigh yieldStabilized | $850K | $57K$57K | 5.8% |
Houston, TXHigh yieldStabilized | $675K | $135K$135K | 10% |
Houston, TXOwner financingHigh yieldStabilized | $510K | $102K$102K | 8.1% |





