1 / 26-Unit Multifamily in Houston, TX
TX · listed May 5, 2026 (176 days)
- $/unit
- $74,500
- ▼ 19% vs TX · 35th pct
- Cap rate
- 8%
- ▲ 0.6 pts vs TX median
- Gross yield
- —
- Units
- 6
- 3 bldg · 1940
Financials
- Asking price
- $447,000
- Price per unit
- $74,500
- Price per sq ft
- $191
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 8%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- Units (1x1s)
- Buildings
- 3
- Year built
- 1940
- Building size
- 2,340 sq ft
- Avg unit size
- 390 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 5, 2026
- Days on market
- 176 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1664
About this property
6 Units (3 Duplexes) located in Houston's East End, walking distance from University of Houston. This value-add opportunity is located in a prime area for investment and is Opportunity Zoned, which yields more tax incentive to investors. The property offers the opportunity to build equity and cash flow upon stabilization.
The unit mix consists of 1x1 units in shotgun style, each around 550 sf. Electric/Gas are separately metered, with Water, Gas & Electricity, and City Garbage Collection. The property is not in a flood zone.
Located minutes from Downtown, The East River Project, EADO, University of Houston, and much more. There is growing demand in the Real Estate market of this area. The local apartment submarket indicates stable occupancy with increasing rental rates. New residential and commercial developments in the immediate area.
If you're interested in this property and need financing, we're here to help. We can connect qualified buyers with commercial lending solutions and assist in coordinating the financing process to make your acquisition as seamless as possible. Contact us to learn more about available financing options.
6 Units walking distance from UH in Houston, TX
Highlights
- ESTIMATED ARV $852,000
- Walking Distance from University of Houston
- Located in a Prime Area for Investment
- Opportunity Zoned!
- Build Equity & Cash Flow upon stabilization!
If you're interested in this property and need financing, we're here to help. We can connect qualified buyers with commercial lending solutions and assist in coordinating the financing process to make your acquisition as seamless as possible. Contact us to learn more about available financing options.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
High yieldStabilized | $675K | $135K$135K | 10% |
Houston, TXNew | $250K | $17K$17K | — |
Houston, TXStabilized | $479K | $96K$96K | — |
Houston, TXValue-add | $1M | $83K$83K | — |
Houston, TXValue-add | $899K | $150K$150K | — |
Houston, TXOwner financing | $950K | $158K$158K | — |




