$450,000

Estimated payment $3,113/month

Total Views 6,551
5 Beds
1 Bath
4,066 Sq Ft
$111 Price per Sq Ft

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Balcony
  • Tile Flooring

About This Home

Attention all Real Estate Entrepreneurs looking for your next MULTI-FAMILY PROJECT! Unlock its potential for great CASHFLOW! JUST 2 MILES FROM DOWNTOWN HOUSTON and a short walk to the Metro Rail/Bus Station, This property is strategically positioned to capitalize on the thriving rental market. This Craftsman-built 2 story structure is 4066 sf. The 1st floor features 5 bedrooms, huge living/dining rooms, kitchen, laundry room, and one full bath. Upstairs has a separate entrance and the 6 rental units share 2 bathrooms with showers, a kitchen, and a big balcony. Keep it as is for immediate cashflow, house hack, or let your imagination be your guide. Redevelop it into 2 to 4 luxury rental units or take advantage of the 1000s of residential neighbors by making it a mixed use retail below and rental above. Close to great restaurants, entertainment, and everything downtown including quick access to all the major highways to get you where you need to go. Make your appointment today.

Listing Agent

Gregg Engle

RE/MAX Signature License #0717027 Listed on: 01/08/2025

RE/MAX Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,828

Year Built

  • Built in 1945

Lot Details

  • 4,650 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Parking Space

Home Design

  • Split Level Home

Interior Spaces

  • 4,066 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Schools

  • Sherman Elementary School
  • Marshall Middle School
  • Northside High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Window Unit Heating System

Community Details

  • 7 Units
  • Cascara Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,828

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Directions: From I-4, exit N. Main, turn east toward downtown on Main St. for 1.5 miles or so, turn left on Hogan st., Hogan turns into Lorraine, building is on the right at Chapman St.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1945
  • Subdivision Name: Cascara
  • Architectural Style: Split Level
  • Unit Levels: Two, Multi/Split
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Laminate, Tile
  • Interior Amenities: Balcony
  • Living Area: 4066.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Other, Seller Disclosure
  • Roof: Other
  • Lot Features: Corner Lot

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: SHERMAN ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: NORTHSIDE HIGH SCHOOL
  • Middle Or Junior School: MARSHALL MIDDLE SCHOOL (HOUSTON)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8828.0

Multi Family

  • Number Of Units Total: 7

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,000 $426,705 $174,375 $252,330
2023 $9,000 $438,133 $174,375 $263,758
2022 $7,275 $278,890 $116,250 $162,640
2021 $6,271 $269,076 $97,650 $171,426
2020 $5,206 $214,980 $93,000 $121,980
2019 $6,145 $242,838 $93,000 $149,838
2018 $1,967 $228,410 $93,000 $135,410
2017 $5,464 $216,081 $93,000 $123,081
2016 $5,455 $215,718 $93,000 $122,718
2015 $135 $155,232 $39,525 $115,707
2014 $135 $163,692 $23,250 $140,442
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 For Sale $450,000 -- $111 / Sq Ft
Source: Houston Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $70,000 Unknown
Closed $30,000 Unknown
Source: Public Records

Source: Houston Association of REALTORS®

MLS Number: 45368605

Houston Association of REALTORS®

APN: 0090500000001