MULTIFAMILYRADAR
7-Unit Multifamily in Kemah, TX, photo 11 / 30
$2,000,000

7-Unit Multifamily in Kemah, TX

TX · listed Nov 23, 2025 (339 days)

Price per unit compared
This property$286K
Within ~40 mi (239)$100K
Texas median (1,029)$100K
$/unit
$285,714
▲ 186% vs TX · 93rd pct
Cap rate
—
 
Gross yield
—
 
Units
7
1950

Financials

Asking price
$2,000,000
Price per unit
$285,714
Price per sq ft
$400
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
1950
Building size
5,000 sq ft
Avg unit size
714 sq ft
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Nov 23, 2025
Days on market
339 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1285

About this property

Absolute Paradise located in the heart of Kemah Boardwalk Entertainment District. Endless opportunities for use. The #1 Bed & Breakfast on-site. The #1 Event location in Kemah for weddings. Next door to one of the *Best Restaurants in the World - "Eculent". (*Washington Post & Houstonian) It is known for its tranquil gardens, romantic cottages, and warm, inviting atmosphere. With a beautiful courtyard filled with lush greenery situated in the center, the Clipper House is sure to provide you the perfect getaway! The quaint, cottages feature plush beds enveloped in luxurious linens, as well as pristine bathrooms, and cozy sitting areas-all the perfect combination for your next great escape. The Clipper has been rated #1 by Trip Advisor on multiple occasions.

Location

Approximate area. The exact address is shared on request.

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