Houston Apartment Buildings for Sale

Property Photo 59 photos
59 photos

1416 Southmore Boulevard

1416 Southmore Boulevard, Houston, TX 77004

2,554 SF$589,000

Multi-Family

Museum District NEW PRICE! Easy luxury lease. 10.1% CAP, $59,600 NOI, $38,668 EST Net Cash Flow. Dramatic architecture, 12-foot ceilings, exceptional natural light from large, plate-glass windows. Spectacular downtown views. Hardwoods and stone flooring throughout. Bosche washer/dryer, 48 inch Jenn-Aire refrigerator, and wall-mounted plasma TV included. Front/back yards and a rooftop terrace. Walking distance to museums, zoo, Hermann Park, 18-hole golf course, light rail line. Perfect for those working downtown or Texas Medical Center. Easy access to 59 and 288. 3% BBC. Reduced to $589,000 US. REALTOR SHOWING INSTRUCTIONS Call Centralized Showing Services (CSS) at 713.977.7469 to set appointment and for alarm code. Please accompany your buyers throughout showing. Please try to allow 2-hour notice through CSS as owner works at home. Kindly remove high heels as they will damage hardwood flooring. Please remove shoes if raining. 3% BUYER BROKER COMMISSIONS Buyer Broker/Realtor does NOT have to accompany their buyer to ANY showings to earn commission.

Property Photo 20 photos
20 photos

6110 Fairdale Lane

6110 Fairdale Lane, Houston, TX 77057

33,700 SF$3,750,000

Multi-Family

Inwood Gardens is a 100 unit, 2 story, apartment community located near the Galleria and Uptown Park Districts of Houston, Texas. The property's distinctive location makes it a good investment in the Houston market. The area around the property is redeveloping with new townhome construction. The 2 acre location is conveniently positioned for redevelopment now or in the future as new townhomes, high end micro apartments or corporate rentals. New townhomes in the area are going for upwards of $300,000 and generally speaking, land in the area is selling for $40 $60 / SF depending on the location. A new owner could also upgrade the interior of the units and rent them as luxury micro units with commensurate rates. The location is perfect for the young single adult. The Galleria and Uptown districts, Houston's premier shopping and employment districts, are within 1.3 miles of the site and offer employment, entertainment, dining and shopping. Luxury Micro Units would appeal to the young professional that wants to live in a good area, close to work and entertainment, but cannot afford the larger luxury apartments in the area.

Property Photo 7 photos
7 photos

4307 Akard Street

4307 Akard Street, Houston, TX 77047

1,810 SF$2,300,000

Multi-Family

30 Single Family rental homes concentrated mostly on the south-side of Houston, Texas. Most of the units (26) are rent subsidized by the Houston Housing Authority who guarantees 1/2 the rent. These units rarely experience any vacancy. The Housing Authority maintains a waiting list of qualified tenants. Average Square feet per home is 1,810 SF Average Rent per SF is only .58 cents per month Owner spent over $300,000 last year on upgrades and improvements to many of the units. Houses rent between $850 to $1400 per month depending on size and location (Rent Roll Attached). Great opportunity to purchase a high return / semi passive income stream.

Property Photo 1 photo

5612 Harriet Street

5612 Harriet Street, Houston, TX 77023

15,976 SFPrice Upon Req.

Multi-Family

GREAT INVESTMENT OPPORTUNITY. Highly Populated area. We Welcome all Investors. We Speak "HINDI", MALAYALAM & SPANISH.

Property Photo 6 photos
6 photos

9425 Scott Street

9425 Scott Street, Houston, TX 77051

168,192 SF$6,400,000

Multi-Family

Rare opportunity to own this portfolio of Garden Apartments, Duplexes, Strip Center, and Vacant Land. 69 Duplexes, 3 Duplex lots, Garden style apartments. Please contact for more information. Building size and lot size are approximate per HCAD.

Property Photo 25 photos
25 photos

1418 Southmore Boulevard

1418 Southmore Boulevard, Houston, TX 77004

2,466 SF$525,000

Multi-Family

Pre MLS. Super deal at $525,000. No HOA dues! Waiting on current lease to expire at end of September. Will get new paint and wood floors refinished. Spectacular architect designed town home with 12-foot ceilings, exceptional natural light from large, commercial grade plate-glass windows. Hardwoods and stone flooring throughout. Gourmet kitchen with stainless appliances. Two European spa level master suites. Steel beam construction. Rooftop terrace overlooking downtown Houston. Outdoor space includes a balcony and a front and backyard. Private driveway able to accommodate four vehicles. 87 Walk Score. Walking distance to museums, zoo, Hermann Park, 18-hole golf course, light rail line. Equidistant to TMC and downtown. Easy access to 59 and 288. 3% BUYER BROKER COMMISSIONS & SHOWINGS. Buyer Broker/Realtor does NOT have to accompany their buyer to ANY showings to earn commission. All showing must be accompanied by a member of The Driscoll Collection"!. Minimum 24 hour notice required. 3% BUYER BROKER COMMISSIONS & SHOWINGS. Buyer Broker/Realtor does NOT have to accompany their buyer to ANY showings to earn commission.

Property Photo 4 photos
4 photos

539 Yorkshire Street

539 Yorkshire Street, Houston, TX 77022

7,018 SF$360,000

Multi-Family

DRIVE BY ONLY TO PREVIEW, DO NOT DISTURB TENANTS!!! The market value of property is $400,000, owner retire back to foreign country, sale for $360,000 but need Pre-approved and or proof of funds, with 10 updated apartments in quiet Street. Property approximately 7,080 sq.ft of living space and sits on 10,300 sq.ft lot, Total of 10 units, (6) 1 bedrooms and (4) 2 bedroom, 100% occupied. Recently renovated expense more than $35,000, lowest the cost of maintenance, $73,260 gross income/ $6,105 per month, 51,376 net income, walking distance or 4 minutes (0.9 miles.) drive to Tram Station & Super Wal-Mart, McDonald, Burger King, Chicken Fillet, Penda Express, KFC, Jack in the Box, SONIC, Wendy, IHOP, high demand rental areas, on site laundry coin Machine, DO NOT WALK THROUGH, DO NOT DISTURB THE TENANTS. ONLY DRIVE THROUGH (If we know you disturb the tenants, we will cancel this deal) DOES have a certificate of occupancy from City of Houston. 539 Yorkshire Street, Houston, Texas 77022 North Houston Walking distance or 4 minutes drive to Tram Station / Super Wal-Mart

Property Photo 6 photos
6 photos

7518 Morley Street

7518 Morley Street, Houston, TX 77061

3,016 SF$198,850

Multi-Family

DRIVE BY ONLY TO PREVIEW, DO NOT DISTURB TENANTS!!...entrance onto property strictly prohibited!...Six unit income producing property located less than a block from Telephone Road, near Hobby Airport...Five 2/1 units, One 1/1 unit, ample parking, all flooring in units is tile...

Property Photo 2 photos
2 photos

5401 Werner Street

5401 Werner Street, Houston, TX 77076

46,000 SF$2,312,000

Multi-Family

75% of appliances were recently upgraded, Half of all AC units are less than 5 yrs old, "Smart Meters" installed for better control of utilities. Excellent In-Place Signage: legally permitted 50ft sign! These signs are no longer issued by the City. Provides enhanced visibility to cars on I45. This strategically located 67 unit property was built in 1963 and is situated on approximately 2.03 acres along Werner one block west of Interstate 45 and Tidwell Road. With multiple floorplans to choose from and a strong unit mix offering spacious 1,2 and 3 bedroom floorplans, Redstone has continued to be a favorite location among renters. The property is currently 95% occupied and with one office being utilized for a management and leasing office and another unit in the front being utilized as a convenience store (currently vacant). With little deferred maintenance and strong occupancy, Redstone apartments is a perfect fit for a hands on owner looking for excellent returns. The purchase of Redstone Apartments offers a fantastic opportunity to take control of a historically high occupied property that has performed extremely well, even through the downturn in the economy.

Property Photo 4 photos
4 photos

1421 Marshall Street

1421 Marshall Street, Houston, TX 77006

6,000 SF$785,000

Multi-Family

1421 Marshall is a 12 unit multifamily asset in the heart of Montrose, the hottest submarket in Houston, Texas. The 12 units are micro units which are perfect for students. The property is walking distance to St. Thomas University. It is in decent shape but could be upgraded to take advantage of the high rent prices in the area. The decent land size also makes this an opportunity to demolish the improvements and build one or two townhomes. 1421 Marshall is a great asset for any investor looking for a proven market that will hold its value. There is a great value add opportunity and the stellar location is one of the best in Houston.

Houston Apartment Buildings for Sale

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