$2,200,000

218 W 15th St Unit 15 Houston, TX 77008

Greater Heights Neighborhood

Estimated payment $16,059/month

Total Views 360
2 Beds
1 Bath
11,418 Sq Ft
$193 Price per Sq Ft

About This Home

A rare dirt-value investment opportunity in the heart of Houston Heights. Located at 218 W 15th, this property sits on an A-tier block surrounded by high-end new construction and renovated homes, offering immediate upside for investors seeking location, walkability, and long-term appreciation. Loan is assumable at extremely attractive rate. The existing improvements provide multiple value-add pathways: renovate and reposition the current units for premium rental income or redevelop and maximize the site’s potential in one of Houston’s strongest-performing submarkets. At essentially land value pricing, investors secure a blue-chip Heights lot with built-in equity and flexible exit strategies. Hold, renovate, or rebuild — the numbers work every way. Opportunities like this, on a block this desirable, rarely come to market.

Listing Agent

David Gorham

All City Real Estate License #0671650 Listed on: 12/01/2025

All City Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $54,248

Year Built

  • Built in 1947

Lot Details

  • 0.45 Acre Lot

Home Design

  • Tile Roof

Interior Spaces

  • 11,418 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Love Elementary School
  • Hamilton Middle School
  • Heights High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 15 Units
  • Houston Heights Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$54,248

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1947
  • Subdivision Name: Houston Heights
  • Unit Levels: Two
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:020-151-000-0022
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 11418.0

Exterior Features

  • Disclosures: Owner Is Listing Agent
  • Roof: Tile

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Schools

  • Elementary School: LOVE ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: HEIGHTS HIGH SCHOOL
  • Middle Or Junior School: HAMILTON MIDDLE SCHOOL (HOUSTON)

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 54248.0

Multi Family

  • Number Of Units Total: 15

Map

Range of Values:

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Value Increase
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Percent Increase
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Collateral Analytics

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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 For Sale $2,200,000 -- $193 / Sq Ft
Source: Houston Association of REALTORS®

Source: Houston Association of REALTORS®

MLS Number: 29943712

Houston Association of REALTORS®
Texas Harris County Houston 77008 Greater Heights

218 W 15th St Unit 15, Houston, TX

For Sale

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Nearby Homes
Listing Agent
David Gorham
Section Image
All City Real Estate
(281) 247-6175