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9-Unit Apartment Building
For Sale
$649,900

6723 South Loop E 9, Houston, TX 77087

Mixed one- and two-bedroom layouts feature separately metered electricity and an as-is sale condition.

Property Size6,234 SF
Days on Market114

Property Features for 6723 South Loop E 9

General Information

Standard status Active
Size 6,234 SF
Property subtype Investment

Units

Unit Mix 8 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $10,305

Building Details

Building Size 6,234 SF
Year Built 1954
Stories 2
Listing Agency: Montes & Associates Realty
Listed By: Derek Montes · License #0752899
Source: Elliman
Added: May 10 Changed: Aug 30 Last Checked: Aug 30 at 3:32PM

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 Montes & Associates Realty

Investment Insights

Based on property information with market context.

Constructed in 1954, the property contains nine apartment units with a mix of eight two-bedroom, one-bath residences and one one-bedroom, one-bath residence. Each unit has its own electric meter, and the property is being offered in its existing condition.

The apartment building is located at 6723 South Loop E 9 in Houston, Texas. WalkScore is 64, BikeScore is 48, and TransitScore is 35, reflecting walkable access, some bikeability, and available transit service.

Key Highlights

  • Nine apartment units: eight 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit
  • Separate electric meters for all units
  • Built in 1954

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Daycare Center Skin Care Clinic Law Firm (Bike/Boat/Book/etc) Store

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

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

962
Businesses Nearby

Demographics for 77087, TX

34,654
Population
12,400
Households
2.8
Avg Household Size
35
Median Age
12%
College-Educated
63%
High-School Grad
6.6 sq mi
ZIP Area
5,251
Density / Sq Mi
$53,624
Median Household Income
$32,927
Median Earnings
$1,015
Median Rent
$148,400
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 - Mixed one- and two-bedroom layouts feature separately metered electricity and an as-is sale condition.
Where is this apartment building located?
The property is located at 6723 South Loop E 9 Houston, TX.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Nine apartment units: eight 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit; Separate electric meters for all units; Built in 1954
More about this property
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