1 / 116-Unit Multifamily in Houston, TX
TX · listed Oct 11, 2026 (17 days)
- $/unit
- $225,000
- ▲ 125% vs TX · 88th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 6
- 2002
Financials
- Asking price
- $1,350,000
- Price per unit
- $225,000
- Price per sq ft
- $195
- 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
- six total units, each offering two bedrooms and one bathroom
- Buildings
- Not stated
- Year built
- 2002
- Building size
- 6,912 sq ft
- Avg unit size
- 1,152 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Available
Listing
- Listed
- Oct 11, 2026
- Days on market
- 17 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1824
About this property
Exceptional opportunity to expand your investment portfolio with a tenant-occupied, six-unit property on a corner lot in the heart of Houston. Conveniently located near I-10 and Loop 610, this property is just minutes from Downtown, the Galleria, and major Houston attractions. The property consists of three duplexes—2312, 2316, and 2320 Sherwin—with six total units, each offering two bedrooms and one bathroom. • **2312 and 2316 Sherwin:** Each duplex features two two-story units, with one bedroom upstairs and one bedroom downstairs in each unit. •**2320 Sherwin:** One upstairs unit and one downstairs unit, each with two bedrooms and one bathroom. The property offers 12 parking spaces—two per unit—and is currently tenant-occupied on month-to-month leases. It has not been upgraded since it was built and needs work, presenting an opportunity for investors to renovate, improve the units, and add value in a central Houston location. Owner financing Available!
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Houston, TX NewOwner financing | $750K | $94K$94K | — |
| Houston, TX | $475K | $68K$68K | — |
| Houston, TX Stabilized | $700K | $100K$100K | — |
Houston, TXStabilized | $2.2M | $367K$367K | — |
| Houston, TX Value-add | $4.2M | $300K$300K | 9%gy |
Houston, TXNewValue-add | $1.8M | $257K$257K | — |

