For Sale

$650,000

HIGHLIGHTS:
  • Active
  • $9,073/month
  • 73 DOM
  • 1 Stories
  • 0 Beds
  • 2,028 SqFT
Description

Discover breathtaking downtown skyline views from this prime location near Sherman Elementary School. 1501 Noble Street features five units spread across three buildings, offering incredible investment potential. With a motivated seller welcoming all offers, the property boasts a 5.4% cap rate and significant development opportunities. Conveniently located near major freeways, the University of Houston, Downtown Houston, and the Galleria, this historic 1935 home is a rare find. It's perfect for investors seeking a lucrative opportunity in a thriving area with new developments on the rise.

Overview
  • MLS Number: 96055411
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 2,028 SqF
  • Land Size: 5,000 sqft
  • Year Built: 1935
Financial
Price:
$650,000
Price/SqFT:
$320.51
HOA Fee:
Tax Rate:
2.01481 %
Est. Monthly:
$9,073 *
Tax Amount:
$13,096
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Other Heating,Window Unit
    Cooling:
    Other Cooling,Window Units
  • Roof:
    Composition

Listed By:
Caryn Craig

Keller Williams Memorial

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.

© 2025 Houston Association of REALTORS®.

GET IN TOUCH
avatar
Welcome Home Real Estate