About this home

Rare investment opportunity in the heart of desirable Montrose! A fully upgraded 12-unit studio apartment building located at 1421 Marshall Street, nestled in one of Houston's most vibrant and walkable neighborhoods. This classic Montrose property features modern finishes throughout, strong rental demand, and an 80% occupancy rate, providing immediate cash flow with upside potential. Each unit has been thoughtfully remodeled with contemporary touches new stainless steel appliances, modern vinyl plank flooring, efficient A/C systems, and quality fixtures - making them highly appealing to today's renters. The gated building offers secure access and is just steps from some of Montrose's best dining, nightlife, boutiques, art galleries, and transit options. This turnkey asset is ideal for investors seeking stable occupancy, value-add potential, and ownership in a premier inner-loop neighborhood.

Facts and features

Schools

• Lanier Middle School

  middle · 6-8 · 0.6 mi

  10

• Wilson Montessori

  elementary · K-8 · 0.6 mi

  8

• Lamar High School

  high · 9-12 · 1.8 mi

  6

• Annunciation Orthodox School

  elementary · K-8 · 0.2 mi

• The School For Young Children

  elementary · 0.4 mi

• The Harris School

  elementary · K-6 · 0.5 mi

Price history

• Nov 6, 2026 · Price Changed$1,200,000
• Feb 18, 2026 · Listed$1,490,000
• Feb 20, 2025 · Listing Removed$18,900,000
• Jul 23, 2011 · Listing Removed$450
• Jul 20, 2011 · Listed$450

Where it is