2705 Lorraine St
2705 Lorraine St is a 16-unit, two-story apartment building offered for sale in Houston. The property is listed at $789,000 and includes approximately 8,500 square feet of building area on a 0.11-acre site.
LoopNet reports an average occupancy of 88%, a 9.62% cap rate and a unit mix of six studios plus ten one-bedroom, one-bathroom units. The building was constructed in 1955, and the offering identifies potential operational and exterior-improvement opportunities.
Pricing, occupancy, rent roll, leases, projected improvements, income, expenses, property condition and availability should be independently verified. Contact Joyce Tang for current information and due-diligence materials.
Features
Property Details
Property Type
Multi-Family
Status
Active
Year Built
1955
Lot Size
0.11 acres
Listed
Jun 10, 2026
MLS Number
40868704
Payment Estimate
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$5,009
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Location
2705 Lorraine St, Houston, TX, 77026
Listing Information
Information is based on LoopNet listing ID 40868704, last updated September 14, 2026, and is subject to change. Investors should independently verify price, measurements, occupancy, rent roll, leases, income, expenses, improvement assumptions, property condition, financing, zoning, Opportunity Zone eligibility, tax treatment and all other property details.