1500 Oleander Drive

La Marque, TX 77568

About this property

Rare investment opportunity in a growing market. Add eight income-producing units to your residential leasing portfolio at less than $82,000 per door. Consisting of two well-maintained fourplexes, this property offers affordability, stability, and long-term upside. The units are easy to lease due to competitive rental rates and a location convenient to major employment centers. Easy access to I-45, off-street paved parking, and a practical layout support strong tenant demand. Positioned to benefit from continued regional growth, the property offers an attractive entry point below replacement cost. Low-maintenance construction and straightforward management make it ideal for investors seeking dependable cash flow and future appreciation. Located outside the 100-year flood plain, the property offers added confidence and reduced ownership risk.

About this property

Rare investment opportunity in a growing market. Add eight income-producing units to your residential leasing portfolio at less than $82,000 per door. Consisting of two well-maintained fourplexes, this property offers affordability, stability, and long-term upside. The units are easy to lease due to competitive rental rates and a location convenient to major employment centers. Easy access to I-45, off-street paved parking, and a practical layout support strong tenant demand. Positioned to benefit from continued regional growth, the property offers an attractive entry point below replacement cost. Low-maintenance construction and straightforward management make it ideal for investors seeking dependable cash flow and future appreciation. Located outside the 100-year flood plain, the property offers added confidence and reduced ownership risk.

Features and Additional Information

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$649,000 Active
6,600 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Joe Tramonte Realty, Inc.
1-409-765-9837
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Area Information

33 | Galveston County | Norman & Boatright

$ 649,000
This listing is play_arrow 56.6% higher than the average in the area
$ 414,450 in the area
6,600 SqFt
This listing is play_arrow 65.0% larger than the average in the area
4,000 SqFt in the area
$ 98 $/SqFt
This listing is play_arrow 13.3% less than the average in the area
$ 113 $/SqFt in the area
70 days on site
This listing is play_arrow 45.8% above the average in the area
48 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Hudson Holmes
Brokerage: Joe Tramonte Realty, Inc.

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