






$720,000
14 bd · 7 ba · 5,550 sqft · 0.58 acre lot
5017 Mallow St, Houston, TX 77033
Multi-family · Built 1965 · $130/sqft ·
$4,599/mo est. payment
Great investment opportunity! This fully renovated multifamily property features 7 units across two duplexes and one triplex, with each unit offering a spacious 2-bedroom, 1-bathroom layout and modern updates throughout. Recent exterior improvements include a new roof, new gutters, and more. A survey is available for review. Currently, 6 of the 7 units are occupied, providing immediate rental income with additional upside potential. At full occupancy, the property has the potential to meet the 1% rule based on current rental rates, with significant room for rental growth, as current rents are below comparable properties in the area. Located in a rapidly developing neighborhood with ongoing new construction, this property offers excellent long-term investment potential. The adjacent lot is also available for purchase, creating additional opportunities for future development or expansion.
Worthing High School
high · 9-12 · 1.2 mi
Woodson School
elementary · K-5 · 1.6 mi
Thomas Middle School
middle · 6-8 · 1.7 mi
East Sunnyside Bible Academy
elementary · K-11 · 0.9 mi
Bastian Elementary School
elementary · K-5 · 0.5 mi
Pro-Vision High School
high · 9-12 · 0.8 mi
$702,636
Listed by Gustavo Alvarado · Walzel Properties · Houston























