MULTIFAMILYRADAR
7-Unit Multifamily in Houston, TX, photo 1
NewStabilized
$720,000

7-Unit Multifamily in Houston, TX

TX · listed Oct 20, 2026 (8 days)

Price per unit compared
This property$103K
Within ~40 mi (271)$98K
Texas median (1,196)$92K
$/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.

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