7124 Avenue F 9 Unit Apartment Building $1,250,000 ($138,889/Unit) 7.35% Cap Rate Houston, TX 77011

EXECUTIVE SUMMARY

This 9- Unit Multiplex is fully occupied. In recent years, everything has been updated/ upgraded. Plumbing, electrical, security cameras, roof, foundation, driveway, parking lot, split ac units, washers, dryers, refrigerators, microwaves, stones, lights, fans, and so much more. The land on the left side of this building is a 2500 sq ft lot and is ready to build on. The neighbor built a 2200 sq ft house on a similar 2500 sq ft lot, 2 doors down. Owner finance is available.

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PROPERTY FACTS

Price $1,250,000
Price Per Unit $138,889
Sale Type Investment
Cap Rate 7.35%
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,752 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1930/2016
Opportunity Zone Yes

AMENITIES

UNIT AMENITIES

  • Air Conditioning

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 - -
Walk Score®
Very Walkable (79)

PROPERTY TAXES

  • Listing ID: 34970223

  • Date on Market: 2/28/2025

  • Last Updated:

  • Address: 7124 Avenue F, Houston, TX 77011