
6-Unit Multifamily in Houston, TX
TX · listed Jul 14, 2026 (106 days)
- $/unit
- $158,333
- ▲ 72% vs TX · 79th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 6
Financials
- Asking price
- $950,000
- Price per unit
- $158,333
- Price per sq ft
- $1,357
- 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
- Not stated
- Year built
- Not stated
- Building size
- 700 sq ft
- Avg unit size
- 117 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Available
Listing
- Listed
- Jul 14, 2026
- Days on market
- 106 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1873
About this property
Rare Multi-Family Investment Opportunity in Houston's Historic Third Ward – Two Adjacent Properties Sold Together!
Text or call to schedule a viewing!
Don't miss this exceptional opportunity to purchase 4106 Delano and the neighboring property at 2716 Cleburne as one income-producing multi-family investment in Houston's highly sought-after Third Ward. Together, the properties offer 6 rental units with a combined 10 bedrooms and 6 bathrooms, making them an outstanding opportunity for investors seeking strong rental demand in one of Houston's fastest-growing neighborhoods.
The property at 4106 Delano is a 4-unit apartment building offering a total of 6 bedrooms and 4 bathrooms, while the adjacent property at 2716 Cleburne is a duplex featuring 2 units with a combined 4 bedrooms and 2 bathrooms. Located side by side, these properties provide a rare opportunity to acquire a larger multi-family asset in a single transaction.
Just minutes from Texas Southern University, the University of Houston, Downtown Houston, the Texas Medical Center, Midtown, and EaDo, the properties are ideally positioned for student housing, workforce housing, or long-term rental investments. The Third Ward continues to experience strong redevelopment and sustained rental demand, making this an attractive opportunity for investors seeking both immediate rental income and long-term appreciation.
Owner financing is available!
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Houston, TX▼ 1% cutValue-add | $1.11M | $185K$185K | — |
High yieldValue-add | $1.09M | $91K$91K | 9.3% |
| $350K | $44K$44K | — | |
Owner financingHigh yieldStabilized | $510K | $102K$102K | 8.1% |
Houston, TXValue-add | $899K | $150K$150K | — |
High yieldStabilized | $675K | $135K$135K | 10% |

