For Sale
8814 Manus St 1-11 Houston, TX 77093
$996,520
Description
BEST MULTIFAMILY DEAL consist of 5 units of 1bed/1bath and 6 Units of 2beds/1bath. Priced at 1% rental rule on existing rents (not projected!) See attached Offering Memorandum (OM). Great income-producing 11-unit multifamily Deal. New Roof, New HVAC, updated interior. Upside includes: Pet fees, rent increase, laundromat onsite, and implementing RUBS on water since there is no separate water meter. Unit #5 is vacant and available for showings with Proof of Funds. Unit 5 is representative of the overall condition of other units. All tenants are on annual leases, with the average tenant in place for several years and intending to remain with new ownership. Details on the MLS attachment. Monthly operating expenses for all eleven units include Approx. monthly expenses: $780 water, $490 trash, $200 landscaping, $100 pest control, $1,148 insurance. No HOA, no short-term rental restriction, and no deed restriction. Low-ball offers will not receive a response. No creative deal or “Subject To
Overview
Financial
Price:
$996,520
Price/SqFT:
$131.31
Original Price:
$1,038,000
Reduced $:
$41,480
Reduced On:
Jan 6th, 2026
Reduced %:
4.00 %
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$9,642 *
Tax Amount:
$0
Amenities and features
Wheelchair Access
Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
-
InteriorFloors:Laminate,TileCountertop:GraniteCooling:Central ElectricHeating:Central Electric,Central GasMicrowave:YesDishwasher:YesEnergy Feature:Ceiling Fans,Insulation - Other
-
ExteriorRoof:CompositionExterior Type:Brick,Vinyl,WoodParking:Carport Parking,Paved AreaParking Unit:Two
Listed By:
Adewale Lawal
LPT Realty, LLC
The data on this website relating to real estate for sale comes in part from the IDX Program of the Houston Association of REALTORS®. All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 Houston Association of REALTORS®.
GET IN TOUCH
