$2,640,000

1849 W Main St Unit 15 Houston, TX 77098

Montrose Neighborhood

Estimated payment $16,657/month

Total Views 1,888
-- Bed
-- Bath
10,100 Sq Ft
$261 Price per Sq Ft

Highlights

  • 12,500 Sq Ft lot
  • Wood Flooring
  • Central Heating and Cooling System
  • Poe Elementary School Rated A-
  • Butcher Block Countertops
  • Ceiling Fan

About This Home

Well-maintained 15-unit apartment complex on a valuable corner lot in a rapidly improving neighborhood, offering strong current income and long-term upside. The property includes two 4-plex buildings (1940) and a 7-unit garden-style building (1962), with a total of 10,800 SF and an average of 720 SF per unit. Amenities include on-site laundry, three garage units, two storage rooms, and ample parking. All units feature central AC; the front buildings have been repiped with PEX plumbing and individual shut-offs. Recent improvements include new roofs (2020), electrical upgrades (2021), resurfaced parking lot (2021), multiple HVAC replacements, new commercial laundry units, updated kitchens in two units, and several new water heaters. Certificate of Occupancy was renewed in 2021. With over $100K in recent capital improvements, steady tenant demand, and prime location, this turnkey investment provides immediate cash flow and future growth potential.

Listing Agent

Amanda Smith

Boulevard Realty License #0673022 Listed on: 08/27/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.29 Acre Lot
  • North Facing Home

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 10,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Dishwasher
  • Butcher Block Countertops

Flooring

  • Wood
  • Tile

Parking

  • 1 Car Garage
  • Carport
  • Garage Door Opener

Schools

  • Poe Elementary School
  • Lanier Middle School
  • Lamar High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Association fees include gas, sewer, trash, water
  • 15 Units
  • Montlew Place Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Directions: shepherd from 59 take R on shepherd to W main, take R, go down to 1849 W Main, building on the Right
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Subdivision Name: Montlew Place
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Flooring: Tile, Wood
  • Interior Amenities: Butcher Block Counters, Ceiling Fan(s)
  • Living Area: 10100.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Subdivision
  • Construction Type: Brick, Wood Siding
  • Direction Faces: North

Garage/Parking

  • Parking Features: Carport, Garage, Garage Door Opener

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 20.0
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Gas, Sewer, Trash, Water

Schools

  • Elementary School: POE ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: LANIER MIDDLE SCHOOL

Multi Family

  • Number Of Units Total: 15

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2025 08/27/25 For Sale $2,640,000 -- $261 / Sq Ft
Source: Houston Association of REALTORS®

Source: Houston Association of REALTORS®

MLS Number: 70116432

Houston Association of REALTORS®