1 / 108-Unit Multifamily in Houston, TX
TX · listed Oct 2, 2026 (26 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Houston, TXNewStabilized | $1.6M | $267K$267K | — |
Houston, TXValue-add | $1.25M | $156K$156K | — |
Houston, TX▼ 8% cut | $1.15M | $192K$192K | — |
Houston, TXNewValue-add | $1.8M | $257K$257K | — |
Houston, TXValue-add | $1.6M | $133K$133K | — |
Houston, TX▼ 2% cutVacant | $829K | $138K$138K | — |





