MULTIFAMILYRADAR
6-Unit Multifamily in Houston, TX, photo 1
Owner financing
$950,000

6-Unit Multifamily in Houston, TX

TX · listed Jul 14, 2026 (106 days)

Price per unit compared
This property$158K
Within ~40 mi (275)$99K
Texas median (1,196)$92K
$/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

PropertyPrice$/unitCap
6-Unit Multifamily in Houston, TXHouston, TX
▼ 1% cutValue-add
$1.11M$185K—
12-Unit Multifamily in Houston, TXHouston, TX
High yieldValue-add
$1.09M$91K9.3%
8-Unit Multifamily in Houston, TXHouston, TX$350K$44K—
5-Unit Multifamily in Houston, TXHouston, TX
Owner financingHigh yieldStabilized
$510K$102K8.1%
6-Unit Multifamily in Houston, TXHouston, TX
Value-add
$899K$150K—
5-Unit Multifamily in Houston, TXHouston, TX
High yieldStabilized
$675K$135K10%