MULTIFAMILYRADAR
6-Unit Multifamily in Houston, TX, photo 11 / 2
Value-add
$447,000

6-Unit Multifamily in Houston, TX

TX · listed May 5, 2026 (176 days)

Price per unit compared
This property$75K
Within ~40 mi (274)$99K
Texas median (1,196)$92K
$/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.

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