$1,399,000

Estimated payment $8,738/month

Total Views 3,110
2 Beds
1 Bath
6,728 Sq Ft
$208 Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • 1-Story Property
  • 4-minute walk to Golden Acres Park
  • Window Unit Heating System

About This Home

Prime 16-unit multifamily community fully renovated! Completely remodeled in 2019, this turnkey property offers stable cashflow with opportunity for upside potential. Property history will showcase low tenant turnover and minimal maintenance costs. The recent renovation includes new flooring, new cabinetry, updated bathrooms, and all new fixtures. Opportunity to increase revenue by bumping rents, billing utilities back to tenants, adding central HVAC, and more. The property currently provides window units, but has AC ducting in place - making installation of central HVAC units simple and cost effective. Located in Pasadena near major employers (Oil & Gas, Port of Houston), it benefits from strong rental demand. Favorable seller carry-back available! More information available upon request. Please call or text Kaelyn for details.

Last Listed By

Kaelyn Motzel

Kevin Wood License #0713130 Listed on: 04/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,885

Year Built

  • Built in 1967

Lot Details

  • 0.57 Acre Lot

Parking

  • 1 Parking Space

Home Design

  • Composition Roof

Interior Spaces

  • 6,728 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Golden Acres Elementary School
  • Lomax Middle School
  • Sam Rayburn High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 16 Units
  • Golden Acres Sec 01 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,885

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: Merge onto East Sam Houston Pkwy S. Turn left onto Spencer Hwy. Turn right onto Lily St. Turn left onto Oak Ave. Turn left. Destination will be on the left.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1967
  • Subdivision Name: Golden Acres Sec 01
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 6728.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Composition

Utilities

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

Schools

  • Elementary School: GOLDEN ACRES ELEMENTARY SCHOOL
  • Junior High Dist: 41 - Pasadena
  • High School: SAM RAYBURN HIGH SCHOOL
  • Middle Or Junior School: LOMAX MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10885.0

Multi Family

  • Number Of Units Total: 16

Map

Range of Values:

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Average Value
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List 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
04/15/2025 04/15/25 For Sale $1,399,000 -- $208 / Sq Ft
Source: Houston Association of REALTORS®

Source: Houston Association of REALTORS®

MLS Number: 80231872

Houston Association of REALTORS®