
7-Unit Multifamily in Houston, TX
TX · listed Oct 20, 2026 (8 days)
- $/unit
- $102,857
- ▲ 12% vs TX · 57th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 7
- 1965
Financials
- Asking price
- $720,000
- Price per unit
- $102,857
- Price per sq ft
- $130
- 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
- 7 units across two duplexes and one triplex, with each unit offering a spacious 2-bedroom, 1-bathroom layout
- Buildings
- Not stated
- Year built
- 1965
- Building size
- 5,550 sq ft
- Avg unit size
- 793 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 20, 2026
- Days on market
- 8 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2003
About this property
Great investment opportunity! This fully renovated multifamily property features 7 units across two duplexes and one triplex, with each unit offering a spacious 2-bedroom, 1-bathroom layout and modern updates throughout. Recent exterior improvements include a new roof, new gutters, and more. A survey is available for review. Currently, 6 of the 7 units are occupied, providing immediate rental income with additional upside potential. At full occupancy, the property has the potential to meet the 1% rule based on current rental rates, with significant room for rental growth, as current rents are below comparable properties in the area. Located in a rapidly developing neighborhood with ongoing new construction, this property offers excellent long-term investment potential. The adjacent lot is also available for purchase, creating additional opportunities for future development or expansion.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Houston, TXValue-add | $475K | $40K$40K | — |
Houston, TXStabilized | $675K | $84K$84K | — |
Houston, TXStabilized | $699K | $117K$117K | — |
Houston, TXStabilized | $570K | $95K$95K | — |
▼ 17% cutHigh yieldValue-add | $685K | $57K$57K | 13.9% |
Houston, TXNewValue-add | $1.3M | $62K$62K | — |




