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    7109 Avenue E 12 Houston, TX 77011

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    For Sale
    $700,000

    Fully occupied 10-unit apartment complex in East Downtown Houston.

    Lot size:
    0.17 Acres

    Property Features for 7109 Avenue E 12

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1930

    Source: Beycome Brokerage Realty, LLC Agent Steven Koleno

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Multifamily Investment Opportunity

    This is a 10-unit apartment complex located in the East Downtown Houston (EaDo) area. The property is fully occupied and generating $10,700 per month in rental income. All units are currently leased. The property is located in a neighborhood known for strong rental demand and low vacancy rates. This multifamily property is a stabilized asset.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.2957565
    Latitude
    29.7437895

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied 10-unit apartment complex in East Downtown Houston.
    Where is this apartment building located?
    The property is located at 7109 Avenue E 12 Houston, TX.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Turnkey 10-unit apartment complex, **fully occupied and cash flowing**.; - Located in the **booming East Downtown Houston (EaDo) area**.; - Generates $10,700 per month in rental income.
    (804) 656-5007
    Request Owner's contact information
    7109 Avenue E 12 Houston, TX 77011
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    Houston, TX 77011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7109 Avenue E 12 Houston, TX 77011
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