About This Property

A well-located triplex presents a compelling multifamily investment opportunity in one of Houston’s most active inner-loop submarkets. The property currently consists of 3 separate residential units with stable income potential & offers additional upside through the potential to add a fourth studio apartment unit. This asset is ideal for investors seeking cash flow today with future value-add expansion, as well as owner-occupants looking to offset ownership costs with rental income, making it an attractive addition to an investment portfolio. Situated at the prime intersection of Midtown & Third Ward, this property is minutes from Downtown, the Texas Medical Center, & major universities. With easy access to US-59, I-45, and I-288, & surrounded by new development, demand is strong from both owners & investors. Zoned for residential or mixed-use use with no HOA fees, it’s an ideal infill opportunity for short-term or long-term rentals.

Key Features

• 0.121 Acres Lot
• Built in 1930

Property Details

• Type: Single Family Home
• Year Built: 1930
• Lot Size: 0.121 sq ft
• Sq Ft: 3,202
• Price / Sq Ft: $156
• HOA: Contact Agent
• Bedrooms: 5
• Bathrooms: 3
• Feature: 0.121 Acres Lot
• Feature: Built in 1930
• Status: Active
• MLS Number: f3c4fbac5dfb9d0c634c60fbe1fad26b
• Days on Market: 174
• Listed By: The Sears Group · Sabika Jafri
• Zip Code: 77004