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Small Multifamily Income Property

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
Listed by Joshua Kasali · License #License(s): TX: 765958
Source Marcusmillichap
Added: May 14 Updated: Jul 22 at 9:20AM Checked: Jul 22 at 9:20AM

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.

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.

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

Suggested Use

Law Firm Real Estate Agency HVAC Service Parking Lot & Garage Spa & Massage Center Daycare Center Locksmith Gym & Fitness Center Hair Salon Furniture & Home Goods

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

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
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