$3,150,080
7-Unit Multifamily in Houston, TX
TX · listed Aug 31, 2026 (63 days)
Price per unit compared
This property$450K
Within ~40 mi (278)$98K
Texas median (1,055)$100K
- $/unit
- $450,011
- ▲ 350% vs TX · 98th pct
- Cap rate
- —
- NOI
- $173K
- $24,686/unit/yr
- Units
- 7
- 2026
Financials
- Asking price
- $3,150,080
- Price per unit
- $450,011
- Price per sq ft
- $197
- Gross rent / year
- Not stated
- Net operating income
- $172,800
- NOI per unit
- $24,686
- 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
- 2026
- Building size
- 16,000 sq ft
- Avg unit size
- 2,286 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 31, 2026
- Days on market
- 63 days
- On MultifamilyRadar
- Nov 2, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2294
About this property
Highlights
- Gated multifamily community featuring controlled access for residents and guests.
- Single-family home style residences provide a distinctive living experience within a multifamily setting.
- Located in Houston's East End near Downtown employment, entertainment, and cultural destinations.
- Resident amenities include walking and biking trails that support an active lifestyle.
- Well-appointed units feature stainless steel appliances, in-unit washers and dryers, and modern kitchens.
- Tenant-controlled HVAC systems provide individual comfort and operational flexibility.
- Property Flyers
- Flyer
- Financial Summary (Proforma)
- Net Operating Income: $172,800 USD (2026)
- Total Expenses:
- $96,000 USD
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Houston, TX▼ 6% cut | $2.39M | $133K$133K | — |
 Houston, TXRenovated 16-Unit Houston Multifamily: New Roof & SystemsFeaturedNewHigh yield | $1.65M | $103K$103K | 13.2%gy |
 Houston, TXNew construction | $1.38M | $229K$229K | — |
 Houston, TXHigh yieldStabilized | $719K | $144K$144K | 10.1% |
 Houston, TXHigh yieldValue-add | $400K | $50K$50K | 12.6% |
 Houston, TX▼ 8% cutOwner financingValue-add | $549K | $78K$78K | 6.9% |