8701 Bertwood Street presents a fully renovated, income-producing 5-unit multifamily property featuring five 2-bedroom, 1-bath residences totaling 3,790 rentable square feet on an oversized 11,250-square-foot lot. Extensively renovated in 2025 with more than $200,000 in capital improvements, this low-maintenance asset offers immediate cash flow and long-term appreciation potential. The property is 100% occupied and was appraised at $775,000 this year. Tenants are responsible for their own utilities (with water billed on a prorated basis), helping to reduce operating expenses and enhance investor returns. This property provides an immediate equity opportunity in addition to stable, in-place income. Full Offering Memorandum and P&L statement available in the attachments. Please do not disturb tenants.
| MLS # | 47918600 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 11 |
| Listing Provided By | Fairdale Realty | Richard Aigbogun |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 3,790 |
| Story(s) | 1 |
| Units | 5 |
| Acreage | 11250.00 |
| Lot Features | Near Public Transit, Subdivision |
|---|
| Tax Annual Amount | 6559 |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77016 |
| Area | 2 |
| Subarea | Northside |
| Community Name | Shadydale |
| Listing VS Median (in Shadydale) | |
Price: $699,990 low | high Med: $699,990 sqft: 3,790 low | high Med: 3,790 $ / sqft: $185 low | high Med: $185 On site: 11 low | high Med: 11 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77016 |
| Area | 2 |
| Subarea | Northside |
| Community Name | Shadydale |
| Listing VS Median (in Shadydale) | |
Price: $699,990 low | high Med: $699,990 sqft: 3,790 low | high Med: 3,790 $ / sqft: $185 low | high Med: $185 On site: 11 low | high Med: 11 | |