The Reonomy platform makes it simple to search off the market for multi family or any other commercial asset type, in any U.S. market. Discover your next opportunity, and connect with owners immediately.
Multi family homes continue to be an excellent investment opportunity. The growing supply of multi family homes for sale has increased their affordability.
This, in combination with continued strong renter demand and the relative ease of financing approval for these properties, makes multi family homes an excellent investment opportunity.
How to Find Multi Family Homes for Sale in Houston
For investors or brokers looking for multi family homes for sale, the Houston market offers a growing population, strong economic growth, high demand for multi family housing and land-lord friendly housing laws.
With a surge in multi family home building in 2014 and 2015, the Houston market was ahead of the curve. While construction rates of new multi family homes have slowed in Houston compared to other markets, inventory remains healthy.
There are many different listings platforms that can be used to search for on-market multi family homes for sale in Houston, TX.
We’ll cover some of the best national and local commercial and residential platforms, as well as some popular for sale by owner listings and off-market platforms.
Commercial and Residential Real Estate Listings
Here are several commercial and residential listings platforms that you can use to find multi family properties:
LoopNet Multi Family Homes
With the most on-market property listings of any commercial real estate listings platform, LoopNet is a great place to begin a search for multi family homes in any area in the nation.
A quick search of LoopNet’s database for multi family properties for sale in Houston, TX brings results ranging from townhomes to 4-plexes to 320 unit apartment buildings.
CREXi Multi Family Homes
Commercial Real Estate Exchange, Inc. (CREXi) is a relatively new but fast-growing marketplace platform.
Their advanced search feature offers filter option specific to investors looking for multi family homes, such as number of units, occupancy percentage and tenant credit status as well as a keyword search.
Ten-X Multi Family Homes
Ten-X Commercial differentiates itself as an end to end transaction platform, matching properties to investor strategy, with deals closing two or three times faster than normal.
Although its inventory of multi family homes for sale is more limited than some of the other commercial listings platforms, their searchable database is still worth a look. After selecting the multi family search option, filters for number of units and occupancy rates are available.
Zillow Multi Family Homes
With more than 110 million homes in their database, some of which aren’t found anywhere else, residential listings platform Zillow offers the most listings of any platform, and many of their listings are multi family homes.
Zillow search parameters include all the basics as well as number of parking spots, number of stories and the type of views the property offers.
Trulia Multi Family Homes
Beyond its many listings, Trulia offers information on real estate markets broken down by state.
This includes a listing of properties within the state by county, the top 20 real estate markets statewide and additional breakdowns by school and neighborhood.
Neighborhood overviews offer information on prices, schools, safety and more.
HAR.com Multi Family Homes
HAR.com is an award-winning residential property search website for homes for sale in Texas with over 162 thousand properties listed.
Searching HAR.com for multi family homes for sale in the Houston area nets hundreds of results, with the ability to further define search results using a wide variety of filters in the categories of location, amenities and other criteria, such as price, size, number of stories, age, lot size and subtype (duplex/triplex/fourplex/5 plus).
Heritage Texas Properties Multi Family Homes
Heritage Texas Properties, serving the greater Houston region and beyond, is one of Texas’s largest independent real estate firms.
Their advanced search feature turns up hundred of multi family homes for sale in the Houston area and will allow you to filter your search by price, size, parking per unit, subdivision, school district, lot features, energy certifications and much more.
Search Off-Market with Reonomy
You might also prefer to take your search off-market to access the entire supply of multi family properties in Houston, not just those currently listed for sale.
In the past, off-market information was not as readily available as for sale listings—but that is changing with platforms like Reonomy.
An off-market property search allows you to avoid all middlemen in a transaction—which, in turn, can help you avoid broker fees and other acquisition costs.
The Reonomy platform lets you search for multi family properties and all other commercial asset types in any market nationwide, with customizable levels of granularity.
By doing so off-market, you can discover new opportunities without the competition of other buyers, not to mention the ability to get in touch with owners directly.
Below, we’ll show you how you can identify properties and owners likely to sell using the Reonomy platform.
For Sale by Owner Listings
For sale by owner (FSBO) listings platforms are another great place to search for multi family homes for sale. You may find listings here that aren’t available anywhere else.
Also, owners selling property themselves may be more negotiable on price, since they don’t have to pay a listing agent commission.
There are many different FSBO listings platforms. Here are a few of the most popular plus a local FSBO listings platform:
ForSaleByOwner Multi Family Homes
ForSaleByOwner has been in the FSBO listings platform game since 1999 and is considered one of the leading FSBO platforms.
Their property types filter does will allow you to search specifically for multi family homes for sale. You can also filter by new listings, listings with a recently reduced price as well as by property age, number of parking spots and keyword.
FSBO.com Multi Family Homes
Marketing themselves as the premier for sale by owner real estate website, FSBO.com allows you to search specifically for multi family homes for sale listed as either commercial property or residential property.
Minimum and maximum price search filters are available as well. You can also search a database of more than 1.4 million foreclosure, pre-foreclosure, bankruptcy and tax lien listings by zip code.
Fizber Multi Family Homes
Fizber allows owners to list their homes for free and includes an advanced online marketing system with digital property brochures and listing video tours.
Their multi family search filter is easy to use. Additional search filters include year built, lot size and number of days on the market.
TexasFSBO.com Multi Family Homes
Texas FSBO is a more local FSBO listings platform. They have their own magazine and even offer a closing cost assistance program.
Their search feature allows you to search all multi family homes for sale in Texas with one click or you can choose to search by county, city or zip code.
Examples of How to Search Different Platforms
Searching most listings platforms is pretty straightforward but there are some differences in how each individual site works. Also, the more specific the type of property you’re searching for, the more detailed your search setup may need to be.
Combining a location search with property type and features filters as well as a keyword search will provide the most relevant results for your desired target property. Below are a few examples of classic searches for multi family homes for sale in Houston, TX.
Houston Duplex Search with Zillow
To search for duplexes for sale in Houston using Zillow, you begin by entering Houston, TX in the search box on the Zillow home page.
This will bring you to a results page showing all current listings for Houston. Begin narrowing down the results by checking Houses under Home Type.
To search specifically for duplexes being sold as multi family homes, click More and then enter multi family duplex in the Keyword search box.
This will allow you to see all duplexes listed as multi family homes for sale in Houston, TX.
Another option is to just enter the word “duplexes” in the Keyword search box.
Although the results will include some single-family homes, with only half of the duplex listed for sale, many of the results will be multi family homes with the whole property listed.
Houston High-Rise Building Search with LoopNet
Searching for high-rise buildings for sale in Houston using LoopNet is as simple as choosing the right option from a drop-down menu and ticking a few property type boxes.
On the LoopNet home page, select “Multifamily,” from the “Search for all types for sale” drop down menu. Enter Houston, TX in the “Enter a location” box and click Search.
On the search results page, click the Multifamily drop-down menu. Under the Multifamily property type, you will want to deselect all property subtypes except for High-Rise.
Now only high-rise multi family properties for sale in Houston are listed.
From there, you can continue adding filters for number of units, building size, and any other qualifiers you might like to include.
Houston Fourplex Search with HAR.com
The simplest way to search for a fourplex for sale in Houston on HAR.com is to click More Filters on the home page. This is found just to the right of the green Search button.
On the search page, choose Houston-Gulf Coast from the Search Region drop down menu. Then click the Multi Family search option.
After that, scroll down to the Criteria section. Under Subtypes, choose Fourplex from the drop-down menu. Select any other criteria or amenities you desire and click the green Search button on the bottom right.
And there you have it, an HAR.com search for fourplexes for sale in the Houston area:
Reonomy Multi Family Property Search in Houston
To search all multi family assets in Houston, you can go off-market with Reonomy.
You can search Houston on an MSA or city-level, or you can search for a specific county, zip code, neighborhood, or street name.
Here we search on a city-level:
Similar to how you can on Zillow, you can also draw a custom map shape or radius and only see properties within that area (the yellow highlight below is marking the confines of the city of Houston).
Once you have chosen your location, you can add any number of multi family search filters.
In the Building & Lot tab, you can add filters to narrow your search down only to the properties that meet your ideal physical scope—in terms of building size, age, number of units, whether the asset is in an Opportunity Zone, and much more.
For example, if you want to remove large buildings from your search, you can put a high cap on the number of units, or search within a specific range.
Here, we put a high-cap of 10 units on our search, and are still left with 9,000 multi family properties in the city of Houston.
To discover which of those 9,000 properties are likely to sell, you can use Reonomy’s Sales and Debt tabs.
For example, in the Sales tab, you can search for properties that haven’t been sold in a long time, where the owner is likely to field a fair offer.
We’re still left with almost 5,000 properties. If you then click “Apply,” you’ll be taken to your list of results, where you can begin diving into individual properties and portfolios, as well as continue adding filters to your search in real-time.
You’re then able to access the contact information of true property owners to reach out and make your pitch directly—either to buy or help broker a sale before someone else pounces on the asset.
In many cases, for the best results, you should search a variety of different listing platforms, from residential to commercial, national to local—combining free platforms with others like Reonomy.
Reonomy can do much of the heavy-lifting for you, increasing the velocity at which you win new business as a broker, or win new deals as an investor.