For Sale

$249,900

HIGHLIGHTS:
  • Pending
  • $3,737/month
  • 121 DOM
  • 1 Stories
  • 0 Beds
  • 1,828 SqFT
Description

Estate sale. Strong opportunity in Magnolia Park, a historic Houston neighborhood undergoing redevelopment with quick access to Downtown Houston and major corridors. Triplex has three separately metered units with individual gas and electric meters, offering multiple income stream potential. Front unit features brick siding and a full patio. Second and third units are in a two-story wood structure in the rear. Shed also located at rear of lot. One tenant occupies rear unit on month-to-month lease; do not disturb tenant. Sold as-is and presents renovation and rental potential. Seller will not remove personal property except motorcycle in shed; remaining items will convey at closing. Ideal for investors, builders, or redevelopment buyers seeking strong upside and long-term hold or flip potential. No seller disclosures available. No offer considered unless property has been shown to buyer or buyer’s agent. Buyer to independently verify all dimensions, property features, and condition.

Overview
  • MLS Number: 38273215
  • Type: Multi-Family - Triplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 1,828 SqF
  • Land Size: 5,000 sqft
  • Year Built: 1940
Financial
Price:
$249,900
Price/SqFT:
$136.71
Original Price:
$325,000
Reduced $:
$75,100
Reduced On:
Sep 21st, 2026
Reduced %:
23.11 %
HOA Fee:
Tax Rate:
2.27522 %
Est. Monthly:
$3,737 *
Tax Amount:
$5,686
Amenities and features
  • Controlled Subdivision
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Carpet,Tile,Vinyl
    Cooling:
    Central Electric,Other Cooling
    Heating:
    Other Heating
    Disposal:
    No
    Microwave:
    No
    Compactor:
    No
    Dishwasher:
    No
    Energy Feature:
    Ceiling Fans
  • Roof:
    Composition
    Exterior Type:
    Brick,Wood
    Parking:
    Carport Parking,Driveway Gate
    Access:
    Driveway Gate

Listed By:
Jim Lee

Feather Cap Realtors

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