2127-1 Maximilian St 6 Unit Apartment Building $575,000 ($95,833/Unit) 8% Cap Rate Houston, TX 77039

The 2127 Maximilian Apartments is a 6-unit multifamily complex, 1 four bed house and 5 unit complex, located in Houston’s I-69 North submarket. Originally built in 1971, the property underwent extensive renovations in 2021 and 2025. The community is positioned in a workforce-driven area with many industrial and airport employees and limited new apartment supply—making it an ideal candidate for rent growth as a “best-in-class” asset catering to a strong blue-collar tenant base. Major capital improvements have already been completed, including a new septic system and water well. All units have been upgraded with high-end finishes such as granite countertops, stainless-style appliances, and faux-wood flooring. The front house was recently renovated, and is currently for lease for $1700 per month. Additional income is generated through the onsite laundry facility, which includes two coin-operated commercial washers and two dryers. Further information available upon request.