For Sale

$800,000

HIGHLIGHTS:
  • Active
  • $10,535/month
  • 143 DOM
  • 1 Stories
  • 0 Beds
  • 5,332 SqFT
Description

Partners Real Estate is pleased to present 5022 Mallow Street, a fully occupied, well-located multifamily asset positioned just eight miles south of Downtown Houston and minutes from major employment, education, and transportation hubs. This property offers investors an attractive combination of stable in-place cash flow and value-add potential through targeted renovations and rent optimization. The neighborhood has experienced steady home value appreciation and rent growth while maintaining a cost advantage compared to other inner-loop submarkets. With limited new multifamily construction and a consistent tenant base, the market is well-positioned for sustained occupancy. Offering a solid operational foundation in a historically stable area, 5022 Mallow Street represents a compelling opportunity for investors seeking cash flow, upside through value-add improvements, and long-term positioning in one of Houston’s most accessible and resilient residential corridors.

Overview
  • MLS Number: 80646723
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 5,332 SqF
  • Land Size: 12,600 sqft
  • Year Built: 1960
Financial
Price:
$800,000
Price/SqFT:
$150.04
Original Price:
$850,000
Reduced $:
$50,000
Reduced On:
Oct 28th, 2025
Reduced %:
5.88 %
HOA Fee:
Tax Rate:
2.09236 %
Est. Monthly:
$10,535 *
Tax Amount:
$16,739
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
  • Roof:
    Composition

Listed By:
Ryan DeGennaro

CORE Group

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