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Houston Heights Portfolio 3 Multifamily Properties Offered at $3,595,000 in Houston, TX
Investment Highlights
- High-Visibility Yale Street Frontage
- Prime Heights Redevelopment Opportunity
- Portfolio Sale
- Excellent Access to I-10, I-45 & Loop 610
- Fourplex
Executive Summary
Rare portfolio acquisition opportunity in Houston Heights consisting of three adjacent properties located at 906 Yale Street, 908 Yale Street, and 123 W. 9th Street.
This portfolio consists of three multifamily properties totaling approximately 7,363 square feet of improvements on approximately 19,200 square feet of contiguous land. The assets are being offered together as a single portfolio, presenting investors with an opportunity to acquire an income-producing assemblage with significant long-term redevelopment potential.
The portfolio includes two fully occupied four-unit apartment buildings providing stable in-place cash flow, along with a duplex that is currently undergoing renovations and is expected to be leased upon completion, offering additional near-term income. The combined land area provides flexibility for future redevelopment while allowing investors to benefit from existing and projected rental revenue during the planning and entitlement process.
Situated in one of Houston’s most sought-after neighborhoods, the property benefits from strong rental demand, proximity to Downtown Houston, and convenient access to major thoroughfares.
This portfolio consists of three multifamily properties totaling approximately 7,363 square feet of improvements on approximately 19,200 square feet of contiguous land. The assets are being offered together as a single portfolio, presenting investors with an opportunity to acquire an income-producing assemblage with significant long-term redevelopment potential.
The portfolio includes two fully occupied four-unit apartment buildings providing stable in-place cash flow, along with a duplex that is currently undergoing renovations and is expected to be leased upon completion, offering additional near-term income. The combined land area provides flexibility for future redevelopment while allowing investors to benefit from existing and projected rental revenue during the planning and entitlement process.
Situated in one of Houston’s most sought-after neighborhoods, the property benefits from strong rental demand, proximity to Downtown Houston, and convenient access to major thoroughfares.
Property Facts
| Price | $3,595,000 | Number of Properties | 3 |
| Price / SF | $488.25 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 7,363 SF |
| Status | Active | Total Land Area | 0.45 AC |
| Price | $3,595,000 |
| Price / SF | $488.25 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 7,363 SF |
| Total Land Area | 0.45 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 123 W 9th St, Houston, TX 77007 | Multifamily | 3,524 SF | 1960 | - |
| 906 Yale St, Houston, TX 77008 | Multifamily | 2,221 SF | 1930 | - |
| 908 Yale St, Houston, TX 77008 | Multifamily | 1,618 SF | 1930 | - |
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