Discover a rare multifamily investment in one of Houston's most sought-after neighborhoods! This well-maintained 8-unit complex offers a high-demand rental location just minutes from Downtown, the Medical Center, and major employment hubs. Featuring spacious one-bedroom units, this income-producing property is perfect for long-term hold or value-add potential. Nestled in vibrant Montrose, tenants enjoy walkability to trendy restaurants, coffee shops, and nightlife, plus easy access to parks and cultural landmarks. Each unit is individually metered, and recent upgrades include updated interiors, modern appliances, and in-unit washer/dryer. With consistent occupancy rates and strong rental income, this property presents an exceptional investment opportunity in a rapidly appreciating market. Don't miss out on this turnkey asset in an unbeatable location!
| MLS # | 49105039 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 9 |
| Listing Provided By | NB Elite Realty | Jonathan Alfi |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 5,922 |
| Story(s) | 2 |
| Units | 8 |
| Acreage | 8255.00 |
| Lot Features | Corner Lot |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77006 |
| Area | 16 |
| Subarea | Montrose |
| Community Name | West Mandell Place |
| Listing VS Median (in West Mandell Place) | |
Price: $1,575,000 low | high Med: $788,450 sqft: 5,922 low | high Med: 3,361 $ / sqft: $266 low | high Med: $134 On site: 9 low | high Med: 13 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77006 |
| Area | 16 |
| Subarea | Montrose |
| Community Name | West Mandell Place |
| Listing VS Median (in West Mandell Place) | |
Price: $1,575,000 low | high Med: $788,450 sqft: 5,922 low | high Med: 3,361 $ / sqft: $266 low | high Med: $134 On site: 9 low | high Med: 13 | |
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