
5609 Leeland St Unit 8 Houston, TX 77023
Lawndale-Wayside NeighborhoodEstimated payment $5,340/month
About This Home
Presenting a prime investment opportunity in Houston's vibrant Lawndale - Wayside neighborhood, this partially renovated 8-unit multifamily complex at 5609 Leeland Street offers immediate rental income with all units currently 100% leased. Property Highlights include six 1/1 and 2 2/1. Recently renovated.
Situated minutes from Interstate 45 and downtown Houston, residents have convenient access to the University of Houston, dining, shopping, and entertainment options
The property operates as a fully leased asset. With 1-bedroom units renting at approximately $884 per month and 2-bedroom units at higher rates, reflecting the area's rental market. This well-maintained, income-producing property offers investors a stable return and potential for future appreciation in a sought-after Houston location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,772
Year Built
- Built in 1950
Interior Spaces
- 6,428 Sq Ft Home
- 2-Story Property
Schools
- Carrillo Elementary School
- Navarro Middle School
- Austin High School
Additional Features
- 7,500 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- 8 Units
- Swope Add Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/23/2025 07/23/25 | Pending | -- | -- | -- |
03/10/2025 03/10/25 | For Sale | $799,999 | -- | $124 / Sq Ft |
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Source: Houston Association of REALTORS®
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