$799,999

Estimated payment $5,421/month

Total Views 3,070
-- Bed
-- Bath
6,428 Sq Ft
$124 Price per Sq Ft

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.

Listing Agent

David Gutierrez

Prime Realty Group License #0624317 Listed on: 03/10/2025

Prime Realty Group

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,772

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: 45 N Exit 43A Take Dismuke St to Leeland St.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1950
  • Subdivision Name: Swope Add
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 6428.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Other

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11772.0

Multi Family

  • Number Of Units Total: 8

Map

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
03/10/2025 03/10/25 For Sale $799,999 -- $124 / Sq Ft
Source: Houston Association of REALTORS®

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Source: Houston Association of REALTORS®

MLS Number: 7247516

Houston Association of REALTORS®