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Investment Highlights

  • Location, location, minutes from I-45 & Loop 610. Approximately 10 minutes from Downtown Houston. Near White Oak Music Hall & IAH Airport
  • • New roof (installed in 2025) • New central air conditioning systems • New PEX plumbing • New 300-foot main sewer line • New water heaters • Newly re
  • 8.65% Cap Rate. Located in a rapidly improving area with ongoing redevelopment. Strong Rental Market in a High-Demand Area

Executive Summary

* 25-unit multifamily apartment community
* Offered at $1,850,000
* Current Cap Rate: 8.65%
* GRM: 6.17
* Strong value-add investment opportunity
* Current monthly scheduled income of approximately $24,973
* Additional income generated through water reimbursement and parking fees
* Predominantly 2 Bedroom / 1 Bathroom units averaging approximately 822 SF
* Opportunity to increase rents through continued lease renewals and operational improvements
* Ideal for investors seeking cash flow with upside potential
* Eligible for 1031 Exchange buyers
APPOINTMENT REQUIRED ** PLEASE DO NOT DISTURB TENANTS**

Financial Summary (Actual - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,849,922
Price Per Unit $73,997
Sale Type Investment
Cap Rate 8.65%
Sale Conditions
1031 Exchange
  • High Vacancy Property
Gross Rent Multiplier 6.17
No. Units 25
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Building Class C
Lot Size 1.02 AC
Building Size 20,787 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1972/2025
Parking Ratio 2.02/1,000 SF
Zoning HZ - The City of Houston does not have traditional zoning.

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Kitchen

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 25 $1,000 -
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0650980000058
Land Assessment
$442,780 (2025)
Improvements Assessment
$984,970 (2025)
Total Assessment
$1,427,750 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 41324141

  • Date on Market: 7/16/2026

  • Last Updated:

  • Address: 4515 Oxford St, Houston, TX 77022

Contact the Sale Advisor

4515 Oxford St

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