Small Multifamily Income
7914 Norvic St Houston, TX 77029
7914 Norvic St, Houston, TX, 77029
$850,000
For Sale
$850,000
Small multifamily asset in Houston offering stabilized income through participation in the Harris County Section 8 program.
Days on Market70
Property Features for 7914 Norvic St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Houston Office
(713) 452-4260
Listed by
Joshua Kasali · License #License(s): TX: 765958
(713) 452-4260
Source
Marcusmillichap
Added: May 14 Updated: Jul 22 at 9:20AM Checked: Jul 22 at 9:20AM
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Investment Insights
Based on property information with market context.
Marcus & Millichap presents 7914 Norvic St., a small multifamily income-producing property in Houston. The offering is described as stabilized, with durable cash flow supported by participation in the Harris County Section 8 program.
The property is located in a quiet residential enclave just east of the Loop, balancing neighborhood character with convenient access to major employment corridors.
The current offering notes consistent demand for affordable housing and predictable income streams, positioning the asset as a yield-focused investment.
The property is located in a quiet residential enclave just east of the Loop, balancing neighborhood character with convenient access to major employment corridors.
The current offering notes consistent demand for affordable housing and predictable income streams, positioning the asset as a yield-focused investment.
Key Highlights
- Small multifamily asset in Houston, TX
- Stabilized income with participation in the Harris County Section 8 program
- Offered at an 8.60% cap rate
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
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FAQs
What type of property is this?
Multifamily property - Small multifamily asset in Houston offering stabilized income through participation in the Harris County Section 8 program.
Where is this multifamily property located?
The property is located at 7914 Norvic St Houston, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Small multifamily asset in Houston, TX; Stabilized income with participation in the Harris County Section 8 program; Offered at an 8.60% cap rate