HouseCanary, Inc. Brokerage
4831 Gulf Fwy., Unit 6, Houston, TX 77023
Multifamily4 Beds4 Baths4,032 Sq Ft36 Days on Market
Listing Agent & Comments
Income-Producing 4-Plex with Value-Add Potential - Prime Houston Location This half-renovated 4-plex offers the best of both worlds - two units are occupied by long-term tenants providing steady income, while two vacant unitshave undergone a FULL RENOVATION down to the stude! Each of the four 1BR/1BA units includes a private garage. Upgraded features include recessed lighting, waterproof vinyl plank flooring, modern walk-in showers, new appliances, and updated PEX plumbing/wiring. Situated on a 6,250 sq ft lot near UofH and Hobby Airport, the property's no-HOA status makes it ideal for either maintaining the existing rental income or converting to higher-yield short-term rentals. With repairs already factored into the price, this turnkey opportunity combines immediate cash flow with clear upside potential through simple renovations and strategic rent increases - a smart play for investors seeking a low-risk asset in Houston's competitive market. (PROPERTY STILL UNDER RENOVATION!!)
MLS# 18483318 • Data provided by HAR
| Living Area | 4,032 Sq.Ft. |
|---|---|
| Lot Size | 6,251 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Stories | 2 |
| Year Built | 1946 |
| Property Type | Multifamily |
| Zoning | -- |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2023 |
| Tax Amount | $5,881 |
| Property in Flood Zone | -- |
| Basement | -- |
| Pool | No |
Data provided by HAR.
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More Information On This Home
This home's estimated value
$497,320
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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For Sale $500,000
Estimated monthly payment $2,597
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Courtesy of LPT Realty, LLC