MULTIFAMILYRADAR
8-Unit Multifamily in Houston, TX, photo 11 / 10
Value-add
$1,575,000

8-Unit Multifamily in Houston, TX

TX · listed Oct 2, 2026 (26 days)

Price per unit compared
This property$197K
Within ~40 mi (256)$100K
Texas median (1,029)$100K
$/unit
$196,875
▲ 97% vs TX · 84th pct
Cap rate
—
 
Gross yield
—
 
Units
8
1940

Financials

Asking price
$1,575,000
Price per unit
$196,875
Price per sq ft
$266
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
8
Unit mix
spacious one-bedroom units
Buildings
Not stated
Year built
1940
Building size
5,922 sq ft
Avg unit size
740 sq ft
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Oct 2, 2026
Days on market
26 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2119

About this property

Discover a rare multifamily investment in one of Houston’s most sought-after neighborhoods! This well-maintained 8-unit complex offers a high-demand rental location just minutes from Downtown, the Medical Center, and major employment hubs. Featuring spacious one-bedroom units, this income-producing property is perfect for long-term hold or value-add potential. Nestled in vibrant Montrose, tenants enjoy walkability to trendy restaurants, coffee shops, and nightlife, plus easy access to parks and cultural landmarks. Each unit is individually metered, and recent upgrades include updated interiors, modern appliances, and in-unit washer/dryer. With consistent occupancy rates and strong rental income, this property presents an exceptional investment opportunity in a rapidly appreciating market. Don’t miss out on this turnkey asset in an unbeatable location!

Location

Approximate area. The exact address is shared on request.

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