1107 E 40th 1/2 Street,Houston, TX 77022
Houston, TX 77022
Description
FULLY OCCUPIED DUPLEX in rapidly appreciating Independence Heights! Located directly off 610 & 45, this turnkey bungalow-style multifamily property features two 2BR/1BA units with different floorpans art 722 sqft each unit. One unit is tenant-occupied through September 2026 and right side thru January 2027, offering immediate income; $29,400 gross annual rent combined. Each side has separate meters and both tenants pay their own utilities. Excellent layouts, durable finishes, separate entrances both in front with complete with separate driveways. High rental comps in the area for long-term hold, STR, value-add, or development project. Rare multifamily option in a hot neighborhood undergoing major redevelopmentsecure this income-producing asset today.
Details
| MLS # | 17138281 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 106 |
| Listing Provided By | United Real Estate | Amera Lov |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,444 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 5928.00 |
Taxes
| Tax Annual Amount | 6286 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77022 |
| Area | 9 |
| Subarea | Northwest Houston |
| Community Name | Whitney Place Sec 02 |
| Listing VS Median (in Whitney Place Sec 02) | |
Price: $255,000 low | high Med: $252,495 sqft: 1,444 low | high Med: 1,494 $ / sqft: $177 low | high Med: $169 On site: 106 low | high Med: 59 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77022 |
| Area | 9 |
| Subarea | Northwest Houston |
| Community Name | Whitney Place Sec 02 |
| Listing VS Median (in Whitney Place Sec 02) | |
Price: $255,000 low | high Med: $252,495 sqft: 1,444 low | high Med: 1,494 $ / sqft: $177 low | high Med: $169 On site: 106 low | high Med: 59 | |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
