1026 Miles Street, Rosenberg, TX 77471

Rosenberg
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
1026 Miles Street,Rosenberg, TX 77471
$840,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: henry santos
Office: white house global properties832-691-7877
MLS#:55581660
Source:HARMLS

Price summary

  • Price:$840,000

About this home

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.

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Home facts

  • Year built:1945
  • Subdivision & Development:First Fair Add
  • Listing ID #:55581660
  • Updated:August 26, 2026 at 11:40 AM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Microwave, Refrigerator

Heating and cooling

  • Cooling:Window Units
  • Heating:Central, Gas

Structure and exterior

  • Roof:Composition
  • Year built:1945
  • Levels:1 Story

Schools

  • High school:TERRY HIGH SCHOOL
  • Middle school:GEORGE JUNIOR HIGH SCHOOL
  • Elementary school:TRAVIS ELEMENTARY SCHOOL (LAMAR)

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$840,000
  • Tax amount:$3,612 (2025)

Features and amenities

  • Appliances:Microwave, Refrigerator
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