
7-Unit Multifamily in Houston, TX
TX · listed May 31, 2026 (150 days)
- $/unit
- $71,143
- ▼ 23% vs TX · 33rd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 7
- 1930
Financials
- Asking price
- $498,000
- Price per unit
- $71,143
- Price per sq ft
- $215
- 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
- 7
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1930
- Building size
- 2,312 sq ft
- Avg unit size
- 330 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 31, 2026
- Days on market
- 150 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1956
About this property
Income-producing investment property with exceptional upside potential and no HOA or restrictions. This property features six separate water meters and six separate electric meters, with the electrical recently updated. Two central A/C units have also been replaced recently. The front building has been freshly painted and includes two units, each offering 2 bedrooms and 1 bathroom. The back building includes four additional units: one 2-bedroom, 1-bath unit, one 1-bedroom, 2-bath unit, and two 1-bedroom, 1-bath units. There is also a bonus office with a bathroom that may be converted into an additional rental unit, creating the potential for seven rentable units. Several tenants have been in place for over five years, providing a stable income stream. A rare opportunity to acquire a multi-unit property with strong cash flow, value-add potential, and long-term appreciation prospects. Total Vacant Units: 3 All other units occupied. Please contact your realtor for more info
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
High yieldStabilized | $1.39M | $198K$198K | 9.6% |
Houston, TXNewStabilized | $2.75M | $137K$137K | 6.4% |
High yieldStabilized | $850K | $57K$57K | 5.8% |
Houston, TXStabilized | $850K | $121K$121K | — |
Houston, TX▼ 1% cutValue-add | $1.11M | $185K$185K | — |
High yieldStabilized | $895K | $60K$60K | 8.9% |


