
4831 Gulf Fwy Unit 6 Houston, TX 77023
Eastwood NeighborhoodEstimated payment $3,364/month
Highlights
- Window Unit Cooling System
- Cage Elementary School Rated 9+
- No Heating
About This Home
Income-Producing 4-Plex with Value-Add Potential - Prime Houston Location This half-renovated 4-plex offers the best of both worlds - two units are occupied by long-term tenants providing steady income, while two vacant unitshave undergone a FULL RENOVATION down to the stude! Each of the four 1BR/1BA units includes a private garage. Upgraded features include recessed lighting, waterproof vinyl plank flooring, modern walk-in showers, new appliances, and updated PEX plumbing/wiring. Situated on a 6,250 sq ft lot near UofH and Hobby Airport, the property's no-HOA status makes it ideal for either maintaining the existing rental income or converting to higher-yield short-term rentals. With repairs already factored into the price, this turnkey opportunity combines immediate cash flow with clear upside potential through simple renovations and strategic rent increases - a smart play for investors seeking a low-risk asset in Houston's competitive market. (PROPERTY STILL UNDER RENOVATION!!)
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,685
Year Built
- Built in 1946
Lot Details
- 6,250 Sq Ft Lot
Home Design
- Composition Roof
Interior Spaces
- 4,032 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Schools
- Cage Elementary School
- Navarro Middle School
- Austin High School
Utilities
- Window Unit Cooling System
- No Heating
Community Details
- Broadmoor Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/02/2025 05/02/25 | Price Changed | $1,050 | 0.0% | $1 / Sq Ft |
03/31/2025 03/31/25 | For Sale | $500,000 | 0.0% | $124 / Sq Ft |
03/28/2025 03/28/25 | For Rent | $1,300 | -- | -- |
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Source: Houston Association of REALTORS®
MLS Number: 18483318

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