8-Plex on Bywood St. 1 Multifamily Properties Offered at $2,106,416 CAD in Houston, TX

Offered for sale is a well-maintained 8-unit multifamily portfolio (4 duplexes) located in Houston, Texas. This is a rare opportunity to acquire a clean, stabilized, cash-flowing asset with strong in-place income, attractive cap rate, and long-term upside in one of the nation’s strongest rental markets.
The portfolio is fully leased with consistent rent collections and professional in-house management. The duplex configuration provides operational efficiency, tenant privacy, and lower turnover relative to traditional apartment layouts. All units are well cared for and positioned for continued rental growth.
Investment Highlights:
• ~9%+ in-place cap rate on current operations
• Stabilized asset with immediate cash flow
• Low expense profile and efficient operations
• Duplex configuration – operationally efficient, tenant-preferred
• Individually metered units – reduced owner utility exposure
• Strong workforce housing demand
• Ideal for 1031 exchange buyers, private investors, and small funds
• Clean ownership, no known deferred maintenance
Financial Overview:
• Annual Rental Income: ~$165,960
• Annual Operating Expenses: ~$27,475
• Net Operating Income (NOI): ~$138,485
• Asking Price: $1,520,000
• Cap Rate: ~9.1%
Location: Houston, TX – strong population growth, diverse employment base, and consistent rental demand.
This is a direct owner offering and is being marketed as a bulk / portfolio sale. Seller will consider serious, qualified buyers. Rent roll, T-12/P&L, and supporting documents available upon request.
Information is believed to be accurate but not guaranteed. Buyer to independently verify all information.