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31822588
31822590

6403 Illinois St, Houston, TX 77021 For Sale

PB
TX 640952
KW Commercial Texas
Listed by KW Commercial Texas
$1,250,000
75 days on market
Updated 75 days ago

6323, 6325, 6327, and 6403 Illinois St.

Details
APN 057-093-002-0006
Property Type Multifamily
Sub Type Apartment Building, Student Housing
Square Footage 3,578
Net Rentable (SqFt) 3,578
Units 6
Cap Rate 6.37%
NOI $79,600
Occupancy 100%
Pro-Forma Cap Rate 6.37%
Pro-Forma NOI $79,600
Price per SqFt $349
Class B
Year Built 1950
Year Renovated 2026
Buildings 3
Stories 1
Lot Size (SqFt) 5,000
Investment Type Stabilized

Three Recently Renovated Multifamily Buildings

Marketing description

Outstanding investment opportunity in a prime Houston location. This unique multifamily package includes two legal

descriptions and four separate addresses: 6323, 6325, 6327, and 6403 Illinois St. The portfolio features three recently renovated

buildings totaling six fully occupied units. Each unit has been updated with modern finishes, including sleek cabinetry,

contemporary flooring, and fresh interior paint, ensuring a move-in-ready experience for tenants and low maintenance for the

owner. The kitchens feature updated appliances and stylish countertops, while the bathrooms boast clean, modern tile work.

With all six units currently leased, this property offers immediate cash flow and a turnkey addition to any portfolio. Situated

with easy access to major highways and downtown Houston, these homes stay in high demand. Don't miss out on this income-

generating asset with a proven track record. Schedule your tour today!

Listing Contacts

PB
TX 640952
KW Commercial Texas
Listed by KW Commercial Texas

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,600.00
$6,633.33/mo

Valuation Metrics

0
DSCR
6.37%
Cap Rate
6.37%
ROI

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Additional Information

Name
Patricia Brand
License
640952
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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