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Renovated Multifamily Asset Near Downtown
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120 S 79th St, Houston, TX 77012

Fully renovated 10-unit multifamily property near downtown Houston.

Property Size4,693 SF
Days on Market163

Property Features for 120 S 79th St

General Information

Standard status Active
Size 4,693 SF
Property subtype Multifamily
Occupancy 95%

Amenities

Live-In Manager / Owner-Favorable Management Structure
Fully Renovated Interiors
Turnkey, Low-Maintenance, Cash-Flowing Asset
Proximity to Major Employment Hubs & Transit Corridors

Building Details

Units 10
Listing Agency: Houston Office
Listed By: Joshua Kasali · License #License(s): TX: 765958
Source: Marcusmillichap
Added: Mar 27 Changed: Sep 4 Last Checked: May 14 at 5:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Houston Office

Investment Insights

Based on property information with market context.

The property at 120 S 79th Street is a fully renovated 10-unit multifamily asset located inside Houston’s inner loop. The property consists of nine updated one-bedroom/one-bath units and one fully renovated three-bedroom/one-bath unit. All units have undergone full renovations. Rents range from $775 to $1,380 (3-bedroom). The property is currently operating with a live-in manager under a favorable management agreement. The asset is strategically positioned just minutes from downtown Houston, major highways, and key employment drivers including the Port of Houston. The property size is 4,693 square feet.

Key Highlights

  • Fully renovated units minimize capital expenditures and maximize tenant appeal.
  • Located inside Houston’s highly desirable inner loop, near downtown, major highways, and key employment drivers.
  • Strong mix of one‑bedroom and three‑bedroom units provides affordability and stabilized cash flow.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Skin Care Clinic Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby

Demographics for 77012, TX

18,397
Population
6,867
Households
2.7
Avg Household Size
33
Median Age
10%
College-Educated
59%
High-School Grad
3.9 sq mi
ZIP Area
4,717
Density / Sq Mi
$48,287
Median Household Income
$34,012
Median Earnings
$944
Median Rent
$127,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated 10-unit multifamily property near downtown Houston.
Where is this apartment building located?
The property is located at 120 S 79th St Houston, TX.
What are key features of this property?
This property features: Fully renovated units minimize capital expenditures and maximize tenant appeal.; Located inside Houston’s highly desirable inner loop, near downtown, major highways, and key employment drivers.; Strong mix of one‑bedroom and three‑bedroom units provides affordability and stabilized cash flow.
More about this property
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