1 / 306-Unit Multifamily in Houston, TX
Harris County, TX · listed Apr 8, 2026 (203 days)
- $/unit
- $229,167
- ▲ 129% vs TX · 89th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 6
- 1 bldg · 2024
Financials
- Asking price
- $1,375,000
- Price per unit
- $229,167
- Price per sq ft
- $391
- 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
- 1
- Year built
- 2024
- Building size
- 3,520 sq ft
- Avg unit size
- 587 sq ft
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Apr 8, 2026
- Days on market
- 203 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1776
About this property
PRIME MULTIFAMILY INVESTMENT OPPORTUNITY | EADO / DOWNTOWN HOUSTON
Position yourself in the path of Houston's continued urban growth with this newly constructed 6-unit multifamily property on Eastwood Street, strategically located near EaDo and Downtown Houston. This turnkey asset offers investors an opportunity to capture rental demand generated by some of Houston's most important employment, education, entertainment, and redevelopment districts.
The property is minutes from the University of Houston, Downtown Houston, Daikin Park, Toyota Center, Shell Energy Stadium, George R. Brown Convention Center, Discovery Green, and the expanding EaDo entertainment district, with convenient METRORail access connecting residents to Downtown, UH and surrounding destinations.
EaDo continues to experience significant public and private investment, including new residential construction, the East Blocks mixed-use redevelopment, improvements to the Columbia Tap Trail, major infrastructure investment, and the ongoing transformation of the George R. Brown Convention Center and surrounding convention and entertainment district. These investments continue to strengthen the area's walkability, connectivity and long-term appeal for residents, employers and visitors.
Each residence has been designed to attract today's quality urban tenant, featuring custom kitchens, premium stainless-steel appliances, upscale bathroom fixtures, engineered wood flooring, in-unit utility rooms, open-concept floor plans and contemporary finishes. New construction and low-maintenance design provide the additional advantage of potentially reducing near-term capital expenditure requirements while creating an attractive leasing product.
For investors seeking income-producing multifamily property with long-term appreciation potential, this 6-plex offers a compelling combination of location, modern construction and proximity to major demand generators. With Downtown, the University of Houston, professional sports Astros/Rockets/Dynamo, entertainment, convention activity and significant redevelopment all nearby, this is more than six rental units—it's an opportunity to own a multifamily asset in the path of Houston's continued eastward growth.
Six Units. New Construction. Multiple Demand Drivers. One Strategic Houston Location.
Multifamily - 6 Units - Houston
Highlights
Multifamily • 8 Units • 4,640 SF
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
Houston, TXHigh yieldStabilized | $715K | $143K$143K | 10.1% |
Houston, TXStabilized | $479K | $96K$96K | — |
Houston, TX▼ 4% cutHigh yieldValue-add | $625K | $125K$125K | 8.2% |
Houston, TXValue-add | $447K | $75K$75K | 8% |
Houston, TXStabilized | $800K | $160K$160K | — |
Houston, TXStabilized | $750K | $94K$94K | 7.7% |





