For Sale

$500,000

HIGHLIGHTS:
  • Active
  • $7,121/month
  • 18 DOM
  • 2 Stories
  • 0 Beds
  • 4,032 SqFT
Description

Income-Producing 4-Plex with Value-Add Potential - Prime Houston Location This half-renovated 4-plex offers the best of both worlds - two units are occupied by long-term tenants providing steady income, while two vacant unitshave undergone a FULL RENOVATION down to the stude! Each of the four 1BR/1BA units includes a private garage. Upgraded features include recessed lighting, waterproof vinyl plank flooring, modern walk-in showers, new appliances, and updated PEX plumbing/wiring. Situated on a 6,250 sq ft lot near UofH and Hobby Airport, the property's no-HOA status makes it ideal for either maintaining the existing rental income or converting to higher-yield short-term rentals. With repairs already factored into the price, this turnkey opportunity combines immediate cash flow with clear upside potential through simple renovations and strategic rent increases - a smart play for investors seeking a low-risk asset in Houston's competitive market.

Overview
  • MLS Number: 18483318
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 4,032 SqF
  • Land Size: 6,250 sqft
  • Year Built: 1946
Financial
Price:
$500,000
Price/SqFT:
$124.01
HOA Fee:
Tax Rate:
2.24236 %
Est. Monthly:
$7,121 *
Tax Amount:
$11,212
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    No Heating
    Cooling:
    Window Units
  • Roof:
    Composition

Listed By:
Collie Hill

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.

© 2025 Houston Association of REALTORS®.

GET IN TOUCH
avatar
Welcome Home Real Estate