MULTIFAMILYRADAR
8-Unit Multifamily in Houston, TX, photo 11 / 24
NewStabilized
$650,000

8-Unit Multifamily in Houston, TX

TX · listed Oct 30, 2026 (2 days)

Price per unit compared
This property$81K
Within ~40 mi (271)$98K
Texas median (1,057)$100K
$/unit
$81,250
▼ 19% vs TX · 33rd pct
Cap rate
—
 
Gross yield
—
 
Units
8
1981

Financials

Asking price
$650,000
Price per unit
$81,250
Price per sq ft
$146
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
2/1 unit mix
Buildings
Not stated
Year built
1981
Building size
4,450 sq ft
Avg unit size
556 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Oct 30, 2026
Days on market
2 days
On MultifamilyRadar
Nov 1, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2288

About this property

Turnkey 8-unit investment opportunity in East Houston! All units have been fully remodeled, each with 2 bedrooms, 1 bath and assigned parking. Major capital improvements are already done: a new roof, new HVAC, a new staircase, outdoor lighting, and a new concrete driveway with upgraded drainage. That means low deferred maintenance and fewer big-ticket expenses for the next owner. The two-story building has 4,450 sq ft on a 10,500 sq ft lot. Its consistent 2/1 unit mix makes it easy to manage and rent. A great fit for investors looking to add stable, cash-flowing units to their portfolio. Schedule your showing today!

Location

Approximate area. The exact address is shared on request.

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