For Sale

$1,030,000

HIGHLIGHTS:
  • Active
  • $10,503/month
  • 120 DOM
  • 2 Stories
  • 0 Beds
  • 3,444 SqFT
Description

This well-maintained eightplex, with dual addresses—3705 Mandel and 1537 Marshall—sits on a prominent corner lot in the heart of Montrose. Each of the eight units offers a desirable 1-bedroom, 1-bath layout, ensuring strong rental demand. The property’s premier location is highly walkable to neighborhood dining, shopping, and entertainment, with quick access to Downtown, the Texas Medical Center, and The Galleria. With considerable upside potential through strategic renovations or rental rate adjustments, this is a rare opportunity to maximize returns in one of Houston’s most vibrant neighborhoods. Please do not disturb tenants.

Overview
  • MLS Number: 63508676
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 3,444 SqF
  • Land Size: 6,804 sqft
  • Year Built: 1930
Financial
Price:
$1,030,000
Price/SqFT:
$299.07
HOA Fee:
Tax Rate:
0 %
Est. Monthly:
$10,503 *
Tax Amount:
$0
Amenities and features
  • Corner Lot
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Tile,Wood
    Heating:
    Other Heating
    Cooling:
    Window Units
  • Roof:
    Composition
    Exterior Type:
    Brick,Cement Board
    Lot Description:
    Corner

Listed By:
Yvonne Bonner-Holley

Keller Williams Realty Metropolitan

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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