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100% occupied income-producing 8-unit multifamily for a serious, qualified buyer. Property consists of 8 units, each 2 bed / 1 bath, with long-term tenants in place. Priced at a 1.14% rent-to-price ratio based on existing rents, not projections. Relatively newer roofs, new HVAC, and updated interiors. Current upside includes potential rent increases, pet fees, onsite laundry income, and implementing RUBS for water since units are not separately metered. Monthly expenses: $400 water, $490 trash, $200 landscaping, $100 pest control, $1,148 insurance. No HOA, no deed restrictions, and no short-term rental restrictions. Showings only with proof of funds and an acceptable offer. Please do not disturb tenants. Photos are representative of overall unit condition. See MLS attachments and OM for details. Lowball offers, creative financing, and "Subject To" offers will not receive a response. Serious buyers only.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 5/14/2026 |
|---|---|---|---|
| TRACT | Reservoir Acres | YEAR BUILT | 1957 |
| COMMUNITY | 2 | COUNTY | Harris |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Sheldon Lakee Elementary School |
|---|---|
| Jr. High School | C.E. King Middle School |
| High School | Ce King High School |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Microwave, Range, Refrigerator |
| AREA | 2 |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| EXTERIOR | Private Entrance |
| HEAT | Electric |
| INTERIOR | Smart Thermostat |
| LOT | 0.9183 acre(s) |
| LOT DESCRIPTION | Other |
| STORIES | 1 |
| SUBDIVISION | Reservoir Acres |
| TAXES | 9397 |
| UTILITIES | Cable Connected, Natural Gas Connected, Water Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with LPT Realty, LLC
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