1 / 308-Unit Multifamily in Montgomery, TX
TX · listed Aug 24, 2026 (65 days)
- $/unit
- $150,000
- ▲ 50% vs TX · 73rd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 2008
Financials
- Asking price
- $1,200,000
- Price per unit
- $150,000
- Price per sq ft
- $612
- 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
- Not stated
- Buildings
- Not stated
- Year built
- 2008
- Building size
- 1,960 sq ft
- Avg unit size
- 245 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 24, 2026
- Days on market
- 65 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1759
About this property
Exceptional investment opportunity in Montgomery, TX! This multifamily property consists of four duplexes totaling eight income-producing units, all currently leased and generating cash flow from day one. The property has benefited from ongoing improvements, including new roofs, new water heaters in select units, and renovations completed in several units as vacancies occurred over recent years. With an established rental history and existing tenants in place, this is an ideal opportunity for investors looking to add a stabilized multifamily asset to their portfolio. Even more upside awaits with additional land offering the potential to build more duplexes in the future and further increase rental income. A rare combination of immediate cash flow, continued improvements, and future expansion potential in growing Montgomery! The other 3 duplex addresses are 5498, 5516 and (address on request) Montgomery, TX 77316
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Montgomery, TX▼ 17% cutValue-add | $2.5M | $104K$104K | — |
| Conroe, TX New construction | $1.99M | $199K$199K | — |
| Conroe, TX New construction | $1.99M | $199K$199K | — |
| Conroe, TX Stabilized | $985K | $82K$82K | 11.9%gy |
| Conroe, TX Stabilized | $850K | $71K$71K | — |
| Conroe, TX Stabilized | $850K | $71K$71K | — |
