5408 Market St
Wheatley Court Apartments at 5408 Market St is a featured 32-unit, two-story garden-style multifamily investment property in Houston. The current asking price is $2,800,000, or $87,500 per unit. The property contains approximately 34,896 square feet on a one-acre site.
The LoopNet offering reports 100% occupancy and a documented $500,000 capital-improvement program completed in 2024. All 32 units are presented as two-bedroom, one-bathroom apartments, with kitchens, refrigerators, ovens and ranges.
Additional published details identify the property as a Class C asset with a parking ratio of 0.97 spaces per 1,000 square feet and a location within an Opportunity Zone. Prospective investors should obtain the offering memorandum and independently verify the rent roll, leases, occupancy, operating expenses, capital improvements, financing terms, zoning and Opportunity Zone eligibility before making a decision.
Features
Property Details
Property Type
Multi-Family
Status
Active
Year Built
1955
Lot Size
1 acres
Listed
Jul 2, 2026
Payment Estimate
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Estimated Payment
$17,775
per month
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Location
5408 Market St, Houston, TX, 77020
Listing Information
Information is based on LoopNet listing ID 41145624, last updated September 8, 2026, and is subject to change. Investors should independently verify price, measurements, occupancy, rent roll, leases, income, expenses, capital improvements, financing, zoning, tax treatment and all other property details.