$695,000
 $3,731 est/mo Sourced by Back At You

3224 Mcgowen Street,Houston, TX 77004

Houston, TX 77004

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Description

INCOME PRODUCING WHILE YOU BUILD?? Collecting cash flow in the front while you build 2 townhouses in the back with 5000 sf lot. Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston’s highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location. All 6 units are currently tenant-occupied, providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax rate and high rental demand make this a solid investment opportunity. Drive-by only for occupied units. Please do not disturb tenants.

Details

MLS #81312404
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1938
Days On Site28
Listing Provided ByeXp Realty LLC | Thao Nguyen

Features

Bed(s)6
Bath(s) 6 Total
SQ Feet3,080
Story(s)1
Units6
Acreage10000.00

Exterior

Lot FeaturesNear Public Transit, Subdivision

Area Information

StateTX
CountyHarris
CityHouston
Zip Code77004
Area4
SubareaUniversity Area
Community NameWilson Wm A
Listing VS Median (in Wilson Wm A)
Price:
$695,000
low | high
Med:
$247,500
100% of Average
sqft:
3,080
low | high
Med:
1,600
98.051948051948% of Average
$ / sqft:
$226
low | high
Med:
$155
81.447841726619% of Average
On site:
28
low | high
Med:
153
18.300653594771% of Average
Sourced by Back At You

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Houston Association of REALTORS®.

Contact

Learn More About This Property

Coldwell Banker Commercial Gateway

Coldwell Banker Commercial Gateway

 (956) 937-2930[email protected]
StateTX
CountyHarris
CityHouston
Zip Code77004
Area4
SubareaUniversity Area
Community NameWilson Wm A
Listing VS Median (in Wilson Wm A)
Price:
$695,000
low | high
Med:
$247,500
100% of Average
sqft:
3,080
low | high
Med:
1,600
98.051948051948% of Average
$ / sqft:
$226
low | high
Med:
$155
81.447841726619% of Average
On site:
28
low | high
Med:
153
18.300653594771% of Average
Sourced by Back At You
Listing Updated: August 3, 2026 at 11:22:54 AM PDT
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IDX information is provided exclusively for LERA MLS (Local Expertise. Regional Access) consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Laredo Association of REALTORS.
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