1 / 30▼ 3% cutValue-add
$599,900
9-Unit Multifamily in Houston, TX
TX · listed Dec 18, 2025 (313 days)
▼ Reduced 3.2% on Sep 14, 2026, was $619,900
Price per unit compared
This property$67K
Within ~40 mi (250)$102K
Texas median (1,029)$100K
- $/unit
- $66,656
- ▼ 33% vs TX · 20th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 9
- 1954
Financials
- Asking price
- $599,900
- Price per unit
- $66,656
- Price per sq ft
- $96
- 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
- 8 units are 2 bed 1 bath, and 9th unit is a 1 bed 1 bath
- Buildings
- Not stated
- Year built
- 1954
- Building size
- 6,234 sq ft
- Avg unit size
- 693 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Dec 18, 2025
- Days on market
- 313 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Sep 14, 2026: $620K → $600K
- Location
- Approximate (~0.5 mi)
- Listing #
- 1100
About this property
9 unit multifamily being sold as is where is. 8 units are 2 bed 1 bath, and 9th unit is a 1 bed 1 bath. Electric meters are all separate. Great value add opportunity. Take advantage of this opportunity today.
Multifamily | 9 Units | $66,656/unit
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Houston, TXHigh yieldValue-add | $1.65M | $103K$103K | 7.3% |
Houston, TXHigh yieldValue-add | $2M | $91K$91K | 7.3% |
Houston, TXStabilized | $1.25M | $156K$156K | 6.3% |
Houston, TX | $1.75M | $88K$88K | — |
Houston, TXNewOwner financingStabilized | $3M | $167K$167K | 5.3% |
Houston, TXStabilized | $1.4M | $100K$100K | 6.4% |





