MULTIFAMILYRADAR
9-Unit Multifamily in Denton, TX, photo 1
Value-add
$1,000,000

9-Unit Multifamily in Denton, TX

Denton County, TX · listed May 4, 2026 (177 days)

Price per unit compared
This property$111K
Within ~40 mi (151)$140K
Texas median (1,196)$92K
$/unit
$111,111
▲ 21% vs TX · 62nd pct
Cap rate
—
 
Gross yield
—
 
Units
9
3 bldg · 1909

Financials

Asking price
$1,000,000
Price per unit
$111,111
Price per sq ft
$210
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
9
Unit mix
Not stated
Buildings
3
Year built
1909
Building size
4,756 sq ft
Avg unit size
528 sq ft
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
May 4, 2026
Days on market
177 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1906

About this property

Denton, Texas has firmly established itself as one of the most dynamic rental markets in North Texas, driven by a powerful and self-sustaining demand engine that few submarkets in the region can match. At the center of that engine is the University of North Texas — one of the largest universities in the state, with an enrollment exceeding 40,000 students and thousands of faculty and staff — creating a deep, recurring pool of renters that replenishes every academic cycle. Texas Woman's University adds further depth to the local renter base, and together the two institutions make Denton one of the most education-dense cities in Texas. Beyond the universities, Denton's broader economy continues to expand across healthcare, manufacturing, and professional services, while the city's population grows at a pace consistently outpacing state and national averages, with forecasts projecting continued expansion well into the next decade. (address on request) sits squarely within this demand corridor — walkable to UNT's campus and Denton's vibrant historic downtown square — placing it at the intersection of the city's strongest long-term rental demand drivers.

(address on request) offers investors a rare opportunity to acquire a boutique, workforce-housing asset in one of Denton's most sought-after rental corridors at an attractive basis relative to replacement cost. The property generates stable in-place cash flow across a diverse unit mix, with one unit benefiting from a tenant-paid utilities structure that enhances net operating income. Current rents trail prevailing market rates for comparable product in the area, providing a clear mark-to-market opportunity as leases turn over. The asset's small scale and affordable price point serve a distinct renter profile — one anchored by the consistent, year-round demand generated by the University of North Texas campus just steps away. With a single vacant unit representing immediate lease-up upside and a well-located, manageable asset well below institutional deal thresholds, (address on request) is ideally suited for a private investor seeking durable cash flow and embedded upside in a high-demand submarket.

Boutique MF Asset 1 block from UNT

Location

Approximate area. The exact address is shared on request.

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