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Houston 32 Units Leased for $28,725/mo | $2.8M

5408 Market St, Houston
Strategy
Long Term Rental
$28,725 per month is already coming in across 32 fully occupied two-bedroom units. Ownership has completed more than $500,000 in renovations, and the T-12 shows $170,724 in NOI, so you're buying an operating asset rather than a turnaround project. A 6.59% fixed Fannie Mae loan is available for assumption subject to lender approval, with additional upside from utility billbacks and operating improvements. Excellent 1031 exchange option.

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Houston 32 Units Leased for $28,725/mo | $2.8M

Listed 08/04/2026

5408 Market St, Houston

Purchase Price:$2,800,000

Cash Outlay:$756,000

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