$499,900

Estimated payment $3,415/month

Total Views 719
2 Beds
1 Bath
2,121 Sq Ft
$236 Price per Sq Ft

Highlights

  • Quartz Countertops
  • Electric Gate
  • Wood Siding
  • Window Unit Cooling System
  • Tile Flooring
  • No Heating

About This Home

FULLY LEASED & RENOVATED 5-unit Property in East Houston. This property was renovated in 2023 by previous owner. This property includes two buildings: Main House-2 bed / 1 bath leased at $1,200/mo plus $100 towards electricity & tenant takes care of yard maintenance. Back building includes 4 studio units - bottom 2 units leasing at $650 & top 2 units leasing at $775. Back building tenants pay $50/ea towards electricity and $20/ea towards trash. Whether you're looking to expand your portfolio or jump into multifamily investing, this one’s ready to go. Hard to beat the location, the condition, and the income. 27 Norwood checks all the boxes!

Listing Agent

Christina De La Torre

REALM Real Estate Professionals - North Houston License #0506422 Listed on: 08/27/2025

REALM Real Estate Professionals - North Houston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,356

Year Built

  • Built in 1935

Lot Details

  • 6,250 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 2,121 Sq Ft Home
  • 1-Story Property

Kitchen

  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Electric Gate

Schools

  • Burnet Elementary School
  • Navarro Middle School
  • Austin High School

Utilities

  • Window Unit Cooling System
  • No Heating

Community Details

  • 5 Units
  • Fullerton Place Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,356

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Directions: I-10 E towards Downtown, take exit towards Jensen Dr. At roundabout take 3rd exit onto Navigation Blvd, right on N Delano St. Left on Canal St, Right on Norwood St.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1935
  • Subdivision Name: Fullerton Place
  • Unit Levels: One
  • New Construction: No
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Disposal, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Interior Amenities: Quartz Counters
  • Living Area: 2121.0

Exterior Features

  • Disclosures: None
  • Roof: Composition
  • Lot Features: Other
  • Construction Type: Cement Siding, Wood Siding

Garage/Parking

  • Parking Features: Electric Gate

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Schools

  • Elementary School: BURNET ELEMENTARY SCHOOL (HOUSTON)
  • Junior High Dist: 27 - Houston
  • High School: AUSTIN HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: NAVARRO MIDDLE SCHOOL (HOUSTON)

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8356.0

Multi Family

  • Number Of Units Total: 5

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

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 $7,797 $372,648 $168,750 $203,898
2023 $7,797 $266,275 $168,750 $97,525
2022 $4,956 $210,740 $135,000 $75,740
2021 $4,156 $178,306 $106,875 $71,431
2020 $4,051 $157,535 $101,250 $56,285
2019 $4,300 $160,414 $101,250 $59,164
2018 $3,070 $121,319 $67,500 $53,819
2017 $2,842 $106,117 $50,625 $55,492
2016 $2,549 $95,157 $36,563 $58,594
2015 $2,246 $95,157 $36,563 $58,594
2014 $2,246 $87,360 $28,125 $59,235
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 For Sale $499,900 0.0% $236 / Sq Ft
03/01/2025 03/01/25 Rented $1,200 0.0% --
02/28/2025 02/28/25 Under Contract -- -- --
02/11/2025 02/11/25 For Rent $1,200 -- --
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- Fidelity National Title
Warranty Deed -- --
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Open $441,000 New Conventional
Previous Owner $67,000 Unknown
Previous Owner $33,300 No Value Available
Source: Public Records

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Source: Houston Association of REALTORS®

MLS Number: 42581583

Houston Association of REALTORS®

APN: 0150110000010