$1,495,000
2,312 sqft · 8,100 sqft lot
2518 Grant St, Houston, TX 77006
Multi-family · Built 1939 · $647/sqft ·
$9,588/mo est. payment
- Stories
- 2
Flood factor 1/10
About this home
An incredible 6 unit income producing property in ever popular Montrose. Monthly income of $8,450 or $101K/year. Front building is being used for commercial tenants. It is a Duplex with 3 offices plus a waiting area/unit. Each has its own private balcony or massive patio, filled with lots of character, hardwood & tile floors. Whole building has recently undergone countless upgrades attracting long term professional tenants. Separate building in the back has an additional 4 units. Making this mixed use property a solid long term investment. Creating an extremely rare opportunity in a centralized location. 2 blocks from the Montrose collective, 1.5 blocks from Niko Niko's & across the street from Postino. An opportunity to profit from very sought after qualities that this location & neighborhood allows. Own a strong investment in the Prestigious Montrose area. A location near impossible to beat. Present & future land demand in this area will grow your investment. Location is a rare gem.
Facts and features
Bathrooms
- Total Bathrooms: 0
Heating and Cooling
- Cooling Features: Central Air, Electric, Window Units
- Heating Features: Central, Electric, Space Heater
- Heating: Yes
Land Info
- Lot Size Acres: 0.1859504
- Lot Size Source: Appraiser
- Lot Size Square Feet: 8100
School Information
- Elementary School: WILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY
- Elementary School District: 27 - Houston
- High School: LAMAR HIGH SCHOOL (HOUSTON)
- High School District: 27 - Houston
- Middle School: GREGORY-LINCOLN MIDDLE SCHOOL
- Middle or Junior School District: 27 - Houston
Multi-Unit Info
- Number of Units: 6
Other Property Info
- Annual Tax Amount: 23873
- Source Listing Status: Active
- County: Harris
- Directions: From Westheimer and Montrose head East, turn left on first street which is Grant. Pass two streets, property will be on left side.
- Tax Year: 2026
- Restrictions: Deed Restrictions
- Source Property Type: Residential Income
- Area: 16
Commercial Info
- Operating Expense Includes: Advertising, Fuel, Insurance, Maintenance, Real Estate Tax, Trash, Water Sewer
Building and Construction
- Total Square Feet Living: 2312
- Year Built: 1939
- Building Area Total: 2312
- Levels: Two
- Living Area Source: Appraiser
- Property Age: 87
- Roof: Composition
- Levels or Stories: 2
Schools
- 8
Wharton Dual Language Academy
elementary · K-8 · 0.5 mi
- 6
Lamar High School
high · 9-12 · 2.2 mi
The Harris School
elementary · K-6 · 0.2 mi
- 6
Gregory-Lincoln Ed Center
elementary · K-8 · 0.7 mi
The Joy School
elementary · K-8 · 0.3 mi
- 8
Wilson Montessori
elementary · K-8 · 0.5 mi
Price history
- Oct 20, 2026 · Listed$1,495,000
- Jul 1, 2026 · Listing Removed$1,495,000
- Apr 25, 2026 · Listing Removed$1,550,000
- Oct 30, 2025 · Listed$1,495,000
- Oct 28, 2025 · Listing Removed$1,625,000
- Jun 4, 2025 · Listed$1,625,000
- Jun 4, 2025 · Listing Removed$1,720,000
- Nov 25, 2024 · Listing Removed$1,498,500
Tax history
- 2026$23,873 tax · $1,123,326 assessed
- 2025$21,958 tax · $1,049,443 assessed
- 2023$20,148 tax · $1,000,000 assessed
- 2022$19,703 tax · $894,841 assessed
- 2021$20,673 tax · $887,020 assessed
- 2020$20,669 tax · $861,427 assessed
- 2019$17,227 tax · $711,432 assessed
- 2018$14,600 tax · $577,000 assessed
Home value
$1,576,000
- Collateral Analytics$1,576,000
Where it is
Listed by Gabriel Torre · Ignite Real Estate Group · Houston
