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16-Unit Apartment Building
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2705 Lorraine St, Houston, TX 77026

Multifamily property with studio and one-bedroom layouts in Houston’s urban core.

Property SizeContact for details
Days on Market430

Property Features for 2705 Lorraine St

General Information

Standard status Active
Class C
Property subtype Multifamily
Occupancy 88%
Investment Type Value Add
Net Operating Income $75,921

Building Details

Year Built 1955
Buildings 1
Stories 2
Units 16
Listing Agency: Maz Real Estate
Listed By: Zach Weik · License #TX 735610
Source: Crexi
Added: Jul 2, 2025 Changed: Sep 2 Last Checked: Sep 1 at 3:31AM

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 Maz Real Estate

Investment Insights

Based on property information with market context.

The property at 2705 Lorraine St comprises one apartment building with 16 units: 6 studios and 10 one-bedroom, one-bath apartments. The unit mix provides a combination of compact studio layouts and larger one-bedroom residences within a single multifamily asset.

Located in Houston, TX 77026, the property is approximately 10 minutes northeast of Downtown Houston and just off US-59/I-69. That corridor carries more than 200,000 vehicles per day and connects the site with surrounding commercial and residential areas. Hardy Yards, the Fifth Ward redevelopment area, and the Houston Farmers Market are each described as nearby, with new homes, local retail, and redevelopment activity in the surrounding area.

Key Highlights

  • 16‑unit apartment building with 1 building
  • Unit mix includes 6 studios and 10 one‑bedroom, one‑bath units
  • Located at 2705 Lorraine St, Houston, TX 77026

Property Analytics

Current Use

Mobile Notary Law Firm

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Pharmacy

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

549
Businesses Nearby

Demographics for 77026, TX

23,405
Population
9,580
Households
2.4
Avg Household Size
36
Median Age
9%
College-Educated
70%
High-School Grad
6.6 sq mi
ZIP Area
3,546
Density / Sq Mi
$34,835
Median Household Income
$29,339
Median Earnings
$962
Median Rent
$104,800
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 - Multifamily property with studio and one-bedroom layouts in Houston’s urban core.
Where is this apartment building located?
The property is located at 2705 Lorraine St Houston, TX.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: 16‑unit apartment building with 1 building; Unit mix includes 6 studios and 10 one‑bedroom, one‑bath units; Located at 2705 Lorraine St, Houston, TX 77026
More about this property
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