For Sale

$800,000

HIGHLIGHTS:
  • Active
  • $10,887/month
  • 35 DOM
  • 1 Stories
  • 0 Beds
  • 3,080 SqFT
Description

INCOME PRODUCING WHILE YOU BUILD ?? Collecting cashflow in the front while you build 2 townhouses in the back with 5000 sf lot. Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston’s highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location.Five units are currently tenant-occupied with one unit available for lease—providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax rate and high rental demand make this a solid investment opportunity. Drive-by only for occupied units. Showings available for the vacant unit at 2603 Nettleton St. Please do not disturb tenants.

Overview
  • MLS Number: 50766314
  • Type: Multi-Family - Duplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 3,080 SqF
  • Land Size: 10,000 sqft
  • Year Built: 1938
Financial
Price:
$800,000
Price/SqFT:
$259.74
HOA Fee:
Tax Rate:
2.20736 %
Est. Monthly:
$10,887 *
Tax Amount:
$17,659
Amenities and features
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Laminate,Tile
    Heating:
    Central Gas
    Cooling:
    Window Units
    Dishwasher:
    No
    Disposal:
    No
    Compactor:
    No
    Microwave:
    No
    Energy Feature:
    Ceiling Fans
  • Roof:
    Composition
    Exterior Type:
    Wood

Listed By:
Thao Nguyen

eXp Realty LLC

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