Multi Family Investment Properties for Sale in Richmond, TX
Fix & Flip
Rental Income
$ 319,000
ROI
19.8
Cash Flow/m
7- 3 Bed
- 2 Bath
- 2957 sft
2107 Lamar Dr, Richmond, TX, 77469
Currently Rented
Rental Income
$ 185,000
ROI
25.6Cash Flow/m
302- 2 Bed
- - Bath
- 1600 sft
1117 Powell St, Richmond, TX, 77469
or
Here are some other similar properties you might be interested in:
Fix & Flip
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$ 100,000
ROI
0.6Gross Rent Yield
9.3- 1 Bed
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Rental Income
Listed for sale today
$ 100,000
ROI
10.9Gross Rent Yield
9.5- 1 Bed
- 1 Bath
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Airbnb Potential
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$ 100,000
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5.8Gross Rent Yield
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$ 100,000
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22.3Cash Flow/m
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136 E DOUGHTY ST, Uvalde, TX, 78801
Currently Rented
Rental Income
Listed for sale 1 day ago
$ 100,000
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21.4Cash Flow/m
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- 644 sft
521 El Dora Rd, Alamo, TX, 78516
Fix & Flip
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$ 100,000
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21.6Cash Flow/m
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- 1 Bath
- 1104 sft
4447 5th St, Bacliff, TX, 77518
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$ 100,000
ROI
21.4Cash Flow/m
45- 3 Bed
- 1 Bath
- 1001 sft
7408 Ewing Ave, Fort Worth, TX, 76116
Listed for sale 2 days ago
$ 100,000
ROI
22.5Cash Flow/m
75- 3 Bed
- 1 Bath
- 1040 sft
304 Prospect Ave, Friona, TX, 79035
Listed for sale 2 days ago
$ 100,000
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21.5Cash Flow/m
48- 3 Bed
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- 957 sft
37623 Meadowview Dr, Hempstead, TX, 77445
Fix & Flip
Motivated Seller
Listed for sale 3 days ago
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30.5Cash Flow/m
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Listed for sale 4 days ago
$ 100,000
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22.1Cash Flow/m
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- 1043 sft
3101 Altoona St, Houston, TX, 77026
Listed for sale 4 days ago
$ 100,000
ROI
22.0Cash Flow/m
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19274 Jenny Ln, Porter, TX, 77365
Listed for sale 5 days ago
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21.8Cash Flow/m
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22.5Cash Flow/m
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124 N East St, New Boston, TX, 75570
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-Cash Flow/m
-- 2 Bed
- 1 Bath
- 908 sft
13895 Farm To Market Rd #2473, McLean, TX, 79057
$ 100,000
ROI
22.3Cash Flow/m
72- 1 Bed
- 1 Bath
- 940 sft
921 Pecan St, Seguin, TX, 78155
$ 100,000
ROI
22.0Cash Flow/m
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- 1 Bath
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3722 31st St, Lubbock, TX, 79410
$ 100,000
ROI
-Cash Flow/m
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ROI
22.5Cash Flow/m
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$ 100,000
ROI
21.4Cash Flow/m
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- 2 Bath
- 2198 sft
23722 Star Oaks Dr, Elmendorf, TX, 78112
$ 100,000
ROI
21.9Cash Flow/m
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22.3Cash Flow/m
70- - Bed
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609 E Walnut Rd, Hereford, TX, 79045
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$ 100,000
ROI
21.5Cash Flow/m
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- 1137 sft
1200 Stanford Ave, Big Spring, TX, 79720
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ROI
22.6Cash Flow/m
78- 1 Bed
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- 1840 sft
1552 Orquidia Ln, Laredo, TX, 78046
Why Invest in Richmond, Texas?
Multi-family investments in Richmond, TX offer strong potential for steady cash flow amid growing demand from renters. The area benefits from proximity to Houston's job market and infrastructure expansions. Average rents hover around $1,800 with cap rates near 6%, supporting reliable returns. Renter occupancy exceeds 50%, bolstered by stable employment growth. Appreciation trends remain positive long-term despite short-term market softening.
8.2%
Avg. ROI
6.1%
Rental Yield
6%
Cap Rate
$1850/mo
Avg. Cash Flow
$1816/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Richmond offers solid rental yields around 6% and high occupancy due to Houston commuter demand. Stable job growth and infrastructure upgrades support long-term appreciation. Investors benefit from lower entry costs compared to Houston proper.
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