1026 Miles Street, Houston, Texas 77471
$840,000
0 Beds
0 Full Baths
Multi-Family
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About 1026 Miles Street
Investors welcome to 1026 & 1016 Miles St – 11-Unit Multifamily Opportunity in Rosenberg, TX. This stabilized, cash-flowing 11-unit asset generating $94,800 in annual gross income with approximately $16,812 in expenses, resulting in a strong $77,988 NOI. Offered at $890,000, this equates to an attractive 8.48% cap rate and $80,909 per door.
High-occupancy property with room for strategic rent increases and the opportunity to add an on-site laundry facility to further enhance NOI. Tenants are individually metered for electricity, public water is in place, and a long-term tenant base provides consistent stability.
Recent capital improvements include updated roof (2023), all water heaters replaced (2023), PEX plumbing installed in 1026 (Building 1), and five units remodeled between 2022–2023. A performing asset delivering immediate cash flow with clear upside potential.
Highlights
1026 Miles Street
$840,000
Multi-Family
Houston 77471
16,800 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
3025000010070901
Tax Rate
1.8689%
Taxes w/o Exemption/Yr
$3,612 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Floors
Tile
Heating
Natural Gas
Cooling
Window Unit(s)
Appliances
Microwave, Refrigerator
Dishwasher
No
Range
No
Disposal
No
Microwave
Yes
Loft
No
Exterior Features
Roof
Composition
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
White House Global Properties
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Travis Elem (Lamar) | Elementary | 3 of 10 |
| George Jr High | Middle | None of 10 |
| Terry High | High | 5 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
