Multifamily

Montgomery, TX Multifamily Properties for Sale

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Eight-Unit Duplex Portfolio
Updated: Aug 25
Eight-Unit Duplex Portfolio

5440 Highline Drive, Montgomery, TX 77316

$1,200,000
1,960 sqft
Four duplex buildings with eight total units
All eight units are currently leased
Built in 2008
New roofs and water heaters in select units
Several units have been renovated as vacancies occurred
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Renovated 8-Unit Multifamily Property
Updated: May 7
Renovated 8-Unit Multifamily Property

12455 Melville Drive, Montgomery, TX 77356

$1,999,500
11,360 sqft
1984‑built renovated 8‑unit complex with two‑bedroom, two‑bath layouts
Each unit features an open‑concept living area with a fireplace
Kitchens include quartz countertops, elegant cabinetry, and a stylish backsplash
Utility room includes washer and dryer hookups for in‑unit laundry
Resort‑style pool centered on the property, with four units on each side
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Duplex Residential Income Property
Duplex Residential Income Property

16872 Kempwood, Montgomery, TX 77316

$325,000
1,900 sqft

Duplex with two matching units featuring open floor plans, fresh interior updates, and private backyard space.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Waterfront Short-Term Rental Property
Waterfront Short-Term Rental Property

14640 WHISTLING OAK DR, Montgomery, TX 77356

Contact for pricing
4,641 sqft

Residential lakefront estate with private boating amenities, resort-style outdoor spaces, and furnished accommodation potential.

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Waterfront Investment Property in Montgomery, TX
Waterfront Investment Property in Montgomery, TX

1000 April Sound Boulevard, Montgomery, TX 77356

$3,000,000

Rare opportunity: 24-unit commercial property in April Sound community.

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Mixed-Use Property Near Lake Conroe
Mixed-Use Property Near Lake Conroe

19637 W Fm 1097 Rd, Montgomery, TX 77356

$2,000,000

5-acre property with rental units and commercial development potential.

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The Village at Lake Conroe
The Village at Lake Conroe

17338 FM 1097, Montgomery, TX 77356

Contact for pricing

New development near Lake Conroe with 244 spaces.

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Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 7 Active listings in Montgomery, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lake Conroe Area Income Property
Lake Conroe Area Income Property

14010 Longstreet Road 6, Willis, TX 77318

$749,000
4,098 sqft

Gated community near Lake Conroe with modern apartments.

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New Duplex Near Highway 105
New Duplex Near Highway 105

1306 N 9th St, Conroe, TX 77301

$689,900
5,202 sqft

New, tenant-occupied duplex near Highway 105 in Conroe, Texas.

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52-Unit Apartment Building with Pool
52-Unit Apartment Building with Pool

311 Gladstell Street, Conroe, TX 77301

Contact for pricing

The community includes a central courtyard, on-site laundry facilities, and apartments with balconies or patios.

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Lakefront Multifamily Development Land
Lakefront Multifamily Development Land

13165 Snow Lane, Willis, TX 77318

$6,990,000
4 sqft 4.29 AC lot

Gated lakefront property includes 12 leased 2BR/2BA units and permitted infrastructure for 86 additional units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Lots Near Highway
Wooded Lots Near Highway

Lot 17-18 Honey Locust Lane, Plantersville, TX 77363

$60,000
22,500 sqft 0.50 AC lot

Two wooded lots totaling over 1/2 acre near Hwy 105.

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0.26 Acre Wooded Lot
0.26 Acre Wooded Lot

Lot 33 Gum Tree Lane, Plantersville, TX 77363

$34,000
0.26 AC lot

Unrestricted 0.26 acre lot with utilities at road.

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2.25 Acre Tract for Development
2.25 Acre Tract for Development

18448 Pickering Rd, Conroe, TX 77302

$115,000
2.25 AC lot

2.25 acre tract ideal for residential or business use.

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Land Tract with Highway 105 Access
Land Tract with Highway 105 Access

3959 Highway 105 E, Navasota, TX 77868

$429,000
5.72 AC lot

5.72-acre tract with fenced perimeter, stock tank, and Hwy 105 east frontage for flexible uses.

View details

Off-Market Properties in Montgomery, TX

Consider similar Off-Market properties in Montgomery, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

14860 Hwy 105th W
GARDEN APT, COURT APT (5+ UNITS)

14860 Hwy 105th W, Montgomery, TX 77356-5608

Estimated value:
$380,000
5,740 sqft 0.83 AC lot
View details
15630 Walden Rd
GARDEN APT, COURT APT (5+ UNITS)

15630 Walden Rd, Montgomery, TX 77356-2287

Estimated value:
No data
162 sqft 8.34 AC lot
View details
1938 Old Riv Rd
GARDEN APT, COURT APT (5+ UNITS)

1938 Old Riv Rd, Montgomery, TX 77356-5974

Estimated value:
$330,000
1,008 sqft 0.31 AC lot
View details
325 Flagship Blvd
GARDEN APT, COURT APT (5+ UNITS)

325 Flagship Blvd, Montgomery, TX 77316-1629

Estimated value:
$3,525,000
104,013 sqft 4.10 AC lot
View details
425 Mccaleb Rd
GARDEN APT, COURT APT (5+ UNITS)

425 Mccaleb Rd, Montgomery, TX 77316-5219

Estimated value:
$790,000
3,870 sqft 11.75 AC lot
View details
14949 Hwy 105th W
GARDEN APT, COURT APT (5+ UNITS)

14949 Hwy 105th W, Montgomery, TX 77356-2831

Estimated value:
$580,000
9,864 sqft 1.37 AC lot
View details
Pine Lake Rd
Lifestyle centers

0 Pine Lake Rd, Montgomery, TX 77356

Estimated value:
No data
1.00 AC lot
View details
15429 Rabon Chapel Rd
Multifamily properties

15429 Rabon Chapel Rd, Montgomery, TX 77316

Estimated value:
No data
View details
155 Plez Morgan
Multifamily properties

155 Plez Morgan, Montgomery, TX 77356

Estimated value:
No data
71,400 sqft 7.59 AC lot
View details
19790 Hwy 105th W
GARDEN APT, COURT APT (5+ UNITS)

19790 Hwy 105th W, Montgomery, TX 77356-5263

Estimated value:
$250,000
1,404 sqft 4.63 AC lot
View details
55 Fair Oak St
GARDEN APT, COURT APT (5+ UNITS)

55 Fair Oak St, Montgomery, TX 77356

Estimated value:
$335,000
1,856 sqft 3.20 AC lot
View details

Montgomery, TX Multifamily Properties Market Trends and Statistics

Explore 18 multifamily properties for sale in Montgomery, TX, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 19,861 square feet of properties for sale, with an estimated market value of $8,524,500.

Sale prices for multifamily properties in Montgomery, TX start at $325,000, averaging $1,704,900, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 6
Duplexes 2
Mobile home & RV parks 2
Short term rental properties 1

Demographics Overview

Population 63K
Population Growth (5Y) +24.0%
Median Household Income $121,689
College Educated 57.8%

High-Yield Neighborhoods for Investment

Identify Montgomery submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
77316 $762.5K
77356 $2.3M

Taxes & Financing

Tax Rate (average for all types) 1.69%
Property Tax per SF $42.11 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Montgomery County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Montgomery fall within the 50,000 to 100,000 square foot range.

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