9-Unit Multifamily in La Marque, TX
TX · listed Oct 20, 2026 (7 days)
- $/unit
- $68,333
- ▼ 26% vs TX · 30th pct
- Cap rate
- 10.1%
- ▲ 2.7 pts vs TX median
- NOI
- $66K
- $7,304/unit/yr
- Units
- 9
Financials
- Asking price
- $615,000
- Price per unit
- $68,333
- Price per sq ft
- Not stated
- Gross rent / year
- $109,200
- Net operating income
- $65,736
- NOI per unit
- $7,304
- Cap rate
- 10.1%
- Gross yield
- 17.8%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 9
- Unit mix
- 9 units consisting of a 6-unit building, a duplex, and a detached single-family home
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 20, 2026
- Days on market
- 7 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 1039
About this property
🔥✅ La Marque, Texas 77568 – 9-Unit Multifamily Investment ✅🔥 Turnkey multifamily opportunity with immediate upside! This fully remodeled property features 9 units consisting of a 6-unit building, a duplex, and a detached single-family home. Most units are individually metered with separate HVAC systems, helping keep operating costs efficient.
The property currently generates approximately $65,736 in annual NOI, producing an attractive 10.1% in-place cap rate at the $615,000 asking price. Two fully renovated vacant units are ready for lease, providing immediate value-add potential. At full occupancy, projected gross rental income is approximately $9,100 per month ($109,200 annually).
Additional features include 12 parking spaces, coin-operated laundry, and a stable tenant base with many residents in place for 2–5 years. This is an excellent opportunity for investors seeking a cash-flowing asset with immediate upside through lease-up and continued rental growth.
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Location
Somewhere in La Marque. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| La Marque, TX High yieldValue-add | $615K | $68K$68K | 10.1% |
| La Marque, TX Value-add | $750K | $75K$75K | — |
 Texas City, TXNewValue-add | $550K | $69K$69K | — |
 La Marque, TXStabilized | $649K | $81K$81K | — |
 La Marque, TX | $649K | $81K$81K | — |
 La Marque, TXValue-add | $900K | $75K$75K | 7% |