Price Reduced ListingPrime investment opportunity in Houston's rapidly growing Third Ward! This four-unit multifamily property features four 1-bedroom, 1-bath units and is ideally positioned to attract students, medical professionals, and young professionals. Located just minutes from Texas Southern University, the University of Houston, and the Texas Medical Center, the property benefits from strong and consistent rental demand. Residents enjoy convenient access to Downtown Houston, Midtown, the Museum District, restaurants, shopping, and entertainment. Nearby METRO bus routes, METRORail, and easy access to Hwy 288 and I-45 provide excellent connectivity throughout the city. A rare opportunity to own an income-producing asset in a high-demand rental market with strong appreciation potential. Situated near major employment centers, sports venues, and cultural attractions, this property offers investors multiple tenant pools and long-term upside in one of Houston's most dynamic urban neighborhoods.
| MLS # | 69985699 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 65 |
| Listing Provided By | United Real Estate | Darrell Clough |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 3,384 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 6000.00 |
| Lot Features | Near Public Transit |
|---|
| Parking Features | Paved |
|---|
| Tax Annual Amount | 10680 |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Riverside Terrace Sec 01 |
| Listing VS Median (in Riverside Terrace Sec 01) | |
Price: $585,000 low | high Med: $2,550 sqft: 3,384 low | high Med: 2,033 $ / sqft: $173 low | high Med: $1 On site: 65 low | high Med: 5 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Riverside Terrace Sec 01 |
| Listing VS Median (in Riverside Terrace Sec 01) | |
Price: $585,000 low | high Med: $2,550 sqft: 3,384 low | high Med: 2,033 $ / sqft: $173 low | high Med: $1 On site: 65 low | high Med: 5 | |