About this home

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!

Facts and features

Schools

• Lanier Middle School

  middle · 6-8 · 0.2 mi

  10

• Wilson Montessori

  elementary · K-8 · 0.4 mi

  8

• Lamar High School

  high · 9-12 · 1.5 mi

  6

• St Stephen's Episcopal School

  elementary · K-8 · 0.3 mi

• St. Stephen's Episcopal School of Houston

  elementary · K-12 · 0.4 mi

• Houston Preparatory Academy

  middle · 6-11 · 0.5 mi

Price history

• Oct 2, 2026 · Listed$1,575,000
• Jun 15, 2026 · Listing Removed$1,549,000
• Feb 6, 2026 · Listed$1,549,000
• Feb 5, 2026 · Listing Removed$1,625,000
• Dec 17, 2025 · Listing Removed$1,625,000
• Sep 2, 2025 · Listed$1,625,000
• May 10, 2025 · Listing Removed$1,645,000
• Mar 25, 2025 · Listing Removed$1,350

Tax history

• 2026$31,845 tax · $1,498,452 assessed
• 2025$29,829 tax · $1,425,640 assessed
• 2023$30,805 tax · $1,528,963 assessed
• 2022$30,287 tax · $1,375,523 assessed
• 2021$29,811 tax · $1,279,103 assessed
• 2020$28,909 tax · $1,204,866 assessed
• 2019$22,533 tax · $930,527 assessed
• 2018$22,613 tax · $893,675 assessed

Home value

$1,184,000

• Collateral Analytics$1,184,000

Where it is