$950,000
SOLD SEP 5, 2025
Last list price

2917 Ashley St Unit 12 Houston, TX 77017

Park Place Neighborhood
-- Bed
-- Bath
3,053 Sq Ft
0.28 Acres

Recently Sold

$311 Per Sq Ft

140 Days on Market

About This Home

As of September 2025

Kevin Riles Commercial is pleased to offer this exceptional investment opportunity in Houston’s Park Place neighborhood! This 12-unit apartment complex offers a unique mix of long-term and short-term rental income, making it ideal for a first-time multifamily investor or a seasoned buyer looking to expand their portfolio.
Property Highlights:
-12 one-bedroom units
- Six units currently operating as Airbnb rentals – fully furnished and recently updated - Six traditional rental units – offering an opportunity to renovate and increase value
- Upgraded parking lot and recent capital improvements completed by the current
owner
- Potential for higher revenue by converting additional units to short-term rentals
Prime Location:
- Near 610 South & I-45 South for easy accessibility - Just north of Houston Botanic Garden
- 13 minutes to Hobby Airport
- 20 minutes to Downtown Houston

Last Agent to Sell the Property

Kevin Riles, Ph.D.,CCIM

Kevin Riles Commercial License #0465148 Listed on: 02/25/2025

Last Buyer's Agent

Kevin Riles, Ph.D.,CCIM

Kevin Riles Commercial License #0465148 Listed on: 02/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,558

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 3,053 Sq Ft Home
  • 2-Story Property

Schools

  • Sanchez Elementary School
  • Deady Middle School
  • Chavez High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 12 Units
  • Park Place Acre Villa Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,558

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Head north toward Capitol St, Turn left onto Capitol St, Turn left onto La Branch St, Drive along I-45 S, Drive to Coleto St
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Subdivision Name: Park Place Acre Villa
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3053.0

Exterior Features

  • Disclosures: None
  • Roof: Composition

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: SANCHEZ ELEMENTARY SCHOOL (HOUSTON)
  • Junior High Dist: 27 - Houston
  • High School: CHAVEZ HIGH SCHOOL
  • Middle Or Junior School: DEADY MIDDLE SCHOOL

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14558.0

Multi Family

  • Number Of Units Total: 12

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

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold -- -- --
07/15/2025 07/15/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $950,000 -17.4% $311 / Sq Ft
02/25/2025 02/25/25 For Sale $1,150,000 +36.9% $377 / Sq Ft
02/11/2022 02/11/22 Sold -- -- --
01/12/2022 01/12/22 Pending -- -- --
10/06/2021 10/06/21 For Sale $840,000 -- $275 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Riles, Ph.D.,CCIM

    Seller's Agent in 2025

    Kevin Riles, Ph.D.,CCIM

    Kevin Riles Commercial

    (281) 415-1116

    1 in this area

    28 Total Sales

    Kevin Riles, Ph.D.,CCIM
    Section Image
  • Diana Monn

    Seller's Agent in 2022

    Diana Monn

    Lifestyles Realty Houston Inc.

    (713) 782-0018

    1 in this area

    6 Total Sales

    Diana Monn
    Section Image

  • N

    Buyer's Agent in 2022

    Nonmls

    Houston Association of REALTORS

See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 7252518

Houston Association of REALTORS®
Texas Harris County Houston 77017 Park Place

2917 Ashley St Unit 12, Houston, TX

This home is located at 2917 Ashley St Unit 12, Houston, TX 77017 and is currently priced at $950,000, approximately $311 per square foot. This property was built in 1940. 2917 Ashley St Unit 12 is a home located in Harris County with nearby schools including Sanchez Elementary School, Chavez High School, and YES Prep - East End.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Houston Association of REALTORS® Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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