
1849 W Main St Unit 15 Houston, TX 77098
Montrose NeighborhoodEstimated payment $16,327/month
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 both strong current income and long-term development potential. The property includes two 4-plex buildings at the front and a 7-unit garden-style building at the rear, along with on-site laundry, three garage units, and two storage rooms. All units feature central AC, the front buildings have been repiped with PEX plumbing and individual shut-offs, two units have newly updated kitchens, and several new water heaters have been installed. With ample parking, garage storage, and steady tenant demand, this turnkey investment provides immediate cash flow and future upside in a high-growth area.
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/13/2025 07/13/25 | For Sale | $2,500,000 | -- | $248 / Sq Ft |
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Source: Houston Association of REALTORS®
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