1 / 26-Unit Multifamily in Houston, TX
TX · listed Sep 5, 2026 (53 days)
- $/unit
- $89,815
- ▼ 10% vs TX · 41st pct
- Cap rate
- —
- Gross yield
- 13.5%
- Units
- 6
- 3 bldg · 1920
Financials
- Asking price
- $538,888
- Price per unit
- $89,815
- Price per sq ft
- $82
- Gross rent / year
- $72,600
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 13.5%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- two spacious 3BR/2BA homes with gas fireplaces plus two duplexes offering four 1BR/1BA units
- Buildings
- 3
- Year built
- 1920
- Building size
- 6,592 sq ft
- Avg unit size
- 1,099 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 5, 2026
- Days on market
- 53 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1839
About this property
Excellent income-producing opportunity in Houston’s revitalized East End! Situated on a 19,313 SF corner lot, this unique 6-unit multifamily property consists of two spacious 3BR/2BA homes with gas fireplaces plus two duplexes offering four 1BR/1BA units. Units feature hardwood or laminate flooring, window A/C, & assigned off-street parking, with additional parking for the larger residences. Gross Scheduled Rent at full occupancy is $72,600 annually/$6,050 monthly. Currently, 2 units are occupied, and 4 are vacant, creating significant lease-up and value-add potential for the next owner. Ideally located with easy access to I-45, I-69/US-59, I-610, I-10 & SH-225. Minutes from Downtown, UH, and the Texas Medical Center, with METRO within walking distance. Excellent opportunity to acquire 6 rental units on a substantial corner lot in an established East End neighborhood with continued growth and redevelopment. Strong rental demand & excellent long-term investment & appreciation potential.
Highlights
- Six-unit multifamily investment opportunity in Houston's revitalized East End
- Two 3-bedroom, 2-bath homes with gas fireplaces
- Two duplex buildings containing four 1-bedroom, 1-bath units
- Assigned off-street parking
- Window A/C and hardwood or laminate flooring
- 19,313 SF corner site
- Lease-up potential and long-term value-add opportunity
- Easy access to I-45, I-69/US-59, I-610, I-10 and SH-225
- Minutes from Downtown Houston, the University of Houston, and the Texas Medical Center
- METRO transit within walking distance
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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Houston, TXStabilized | $750K | $94K$94K | 7.7% |
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