Investment Overview

Marcus & Millichap is pleased to present 120 S 79th Street, a fully renovated 10-unit multifamily asset located inside Houston’s highly desirable inner loop. The property consists of nine (9) updated one-bedroom units and one (1) fully renovated three-bedroom unit, offering a strong mix for both affordability and stabilized cash flow. All units have undergone full renovations, allowing a new owner to benefit from minimal capex, strong tenant appeal, and in-place rents ranging from $775 to $1,380 (3-bedroom). The property is currently operating with a live-in manager under a favorable management agreement, providing efficient oversight while preserving owner returns and reducing hands-on operational burden. The asset is strategically positioned just minutes from Downtown Houston, major highways, and key employment drivers including the Port of Houston. This central location supports sustained renter demand, high occupancy, and long-term appreciation potential.