7301 Sherman St, Houston 77011 — Sale in Houston, TX

  • Price: $543K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Houston, TX 77011
  • Size: 3,725 SF

Photos

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Investment Figures

Cap rate
7.00%
Price per square foot
$146

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Building SF: 3725 | Land Size: 7500.0 SF | Listing Type: FOR SALE

Market Context

This multifamily in Houston, TX is listed for sale at $543,000 across 3,725 SF. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Houston, TX — view the full market.

As of Q1 2026, the Houston multifamily market showed an 11.5% vacancy rate, and average asking rents near $1384.50/unit/mo. Source: multiple brokerage reports, Q1 2026.

Multifamily market FAQ

Is the Houston multifamily market tightening or softening?
Vacancy is around 11.5% (Q1 2026).

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