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Great Investment Opportunity 517 5th St 4 Unit Apartment Building $649,990 ($162,498/Unit) 6.31% Cap Rate Humble, TX 77338

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EXECUTIVE SUMMARY

Fantastic investment opportunity in Old Downtown Humble! This 4-plex is highly sought-after and easy-to-maintain, located on a quiet street surrounded by charming older properties. Consistently attracting tenants, this property reflects pride of ownership throughout. Each unit features 2 bedrooms and 1.5 bathrooms, with a 100% occupancy rate.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

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

PROPERTY FACTS

Price $649,990
Price Per Unit $162,498
Sale Type Investment
Cap Rate 6.31%
Sale Condition High Vacancy Property
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.11 AC
Building Size 4,848 SF
No. Stories 2
Year Built 1982

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 4 $1,185 1,005

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0502010000004
Land Assessment
$48,480 (2025)
Improvements Assessment
$214,972 (2025)
Total Assessment
$263,452 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 33462769

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 517 5th St, Humble, TX 77338

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