For Sale

$1,645,000

HIGHLIGHTS:
  • Active
  • $17,232/month
  • 57 DOM
  • 2 Stories
  • 0 Beds
  • 5,922 SqFT
Description

Discover a rare multifamily investment in one of Houston’s most sought-after neighborhoods! This well-maintained 8-unit complex offers a high-demand rental location just minutes from Downtown, the Medical Center, and major employment hubs. Featuring spacious one-bedroom units, this income-producing property is perfect for long-term hold or value-add potential. Nestled in vibrant Montrose, tenants enjoy walkability to trendy restaurants, coffee shops, and nightlife, plus easy access to parks and cultural landmarks. Each unit is individually metered, and recent upgrades include updated interiors, modern appliances, and in-unit washer/dryer. With consistent occupancy rates and strong rental income, this property presents an exceptional investment opportunity in a rapidly appreciating market. Don’t miss out on this turnkey asset in an unbeatable location!

Overview
  • MLS Number: 1031743
  • Type: Multi-Family - 5 Plus
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 5,922 SqF
  • Land Size: 8,255 sqft
  • Year Built: 1940
Financial
Price:
$1,645,000
Price/SqFT:
$277.78
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$17,232 *
Tax Amount:
$0
Amenities and features
  • Corner Lot
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Wood
    Heating:
    Window Unit
    Cooling:
    Window Units
    Dishwasher:
    Yes
    Disposal:
    Yes
    Microwave:
    Yes
  • Roof:
    Composition
    Lot Description:
    Corner

Listed By:
Jonathan Alfi

NB Elite Realty

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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