For Sale

$1,490,000

HIGHLIGHTS:
  • Active
  • $14,283/month
  • 13 DOM
  • 2 Stories
  • 0 Beds
  • 4,592 SqFT
Description

Rare investment opportunity in the heart of desirable Montrose! A fully upgraded 12-unit studio apartment building located at 1421 Marshall Street, nestled in one of Houston’s most vibrant and walkable neighborhoods. This classic Montrose property features modern finishes throughout, strong rental demand, and an 80% occupancy rate, providing immediate cash flow with upside potential. Each unit has been thoughtfully remodeled with contemporary touches new stainless steel appliances, modern vinyl plank flooring, efficient A/C systems, and quality fixtures — making them highly appealing to today’s renters. The gated building offers secure access and is just steps from some of Montrose’s best dining, nightlife, boutiques, art galleries, and transit options. This turnkey asset is ideal for investors seeking stable occupancy, value-add potential, and ownership in a premier inner-loop neighborhood.

Overview
  • MLS Number: 11657272
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 4,592 SqF
  • Land Size: 5,950 sqft
  • Year Built: 1940
Financial
Price:
$1,490,000
Price/SqFT:
$324.48
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$14,283 *
Tax Amount:
$0
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
  • Roof:
    Other

Listed By:
Klodian Hoxha

LPT Realty, LLC

The data on this website relating to real estate for sale comes in part from the IDX Program of the Houston Association of REALTORS®. All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.

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