4905 Kashmere St Houston, TX 77026
This exceptional 8-unit apartment building presents a compelling investment opportunity in Houston, Texas. Located at 4905 Kashmere St, 77026, this property boasts a total of 5,976 square feet of net rentable space spread across four one-story buildings. Originally constructed in 1950 and extensively renovated in 2018, the complex offers a blend of classic charm and modern updates. Each of the eight units features a comfortable layout including bedrooms, living areas, fully equipped kitchens, and modern bathrooms. While in-unit laundry facilities are not included, convenient hookups are provided. Ample parking is available, with one assigned space per unit and additional street parking. The property sits on a sizable 15,000 square foot lot and is zoned for commercial use. The strong financial performance is evident in the current Net Operating Income (NOI) of $72,618. This multifamily investment is situated conveniently south of the 610 North Loop East Freeway, offering easy access to major transportation routes. Owner financing may be available for qualified buyers. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Houston location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.