$799,999

Estimated payment $5,416/month

Total Views 2,308
-- 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

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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®

Similar Homes in Houston, TX

  • 1426 Telephone Rd Unit 1, Houston, TX 77023

    $760,000

    • 2 Beds
    • 1 Bath
    • 3,558 Sq Ft
    • 1426 Telephone Rd
    • Unit 1
    • Houston, TX

    Luxury All Bills Paid Boutique Community – Prime Houston Location!Discover brand-new, stylish boutique units in this 11-unit community with luxury quartz and granite countertops, brand-new kitchens, and elegant marble bathrooms. The complex includes five one-bedroom, one-bathroom units, four studio units, and two two-bedroom, one-bathroom units. Utilities, including water, gas, electricity, and

    Federico Medina Sanmore Realty

    Section Image
  • 6823 Avenue E, Houston, TX 77011

    $675,000

    • 2 Beds
    • 1 Bath
    • 650 Sq Ft
    • 6823 Avenue E
    • Houston, TX

    Multi-family living in the sought out area of East Downtown! 5 units leased out, 2 available units for lease on the market currently.

    Jenny Trieu Seeto Realty

    Section Image
  • 210 Burr St, Houston, TX 77011

    $849,900

    • 2 Beds
    • 1 Bath
    • 2,932 Sq Ft
    • 210 Burr St
    • Houston, TX

    Rare opportunity to own a 100% leased, fully-renovated multi-family property in a fantastic location. This 5-unit complex consists of 4 units in the main building, w/ a 5th standalone apt in the back. All Separately metered for electric. Unique setup offers two 2-bed/1-bath units & three 1-bed/1-bath units. Fully remodeled in 2017, these are not your ordinary apts. With individual w/d setup,

    Brenda Hernandez Framework Properties

    Section Image
  • 301 Grace St Unit 4, Houston, TX 77003

    $650,000

    • 2 Beds
    • 1 Bath
    • 2,284 Sq Ft
    • 301 Grace St
    • Unit 4
    • Houston, TX

    Corner property at prime location. Ideal investment property, currently tenant occupied on month-to-month rent.Each unit has its own bathroom and kitchen.

    Briseida Hinojosa Rivich Realty

    Section Image
  • 3910 Dallas St, Houston, TX 77023

    $750,000

    • 1 Bed
    • 1 Bath
    • 3,630 Sq Ft
    • 3910 Dallas St
    • Houston, TX

    Right then, pay attention because this is not just any property—this is a superb 6-plex in the East End, and it’s absolutely brimming with potential! Six beautifully crafted 1-bed, 1-bath units, each one practically reborn with renovations: new plumbing, electrical, windows, floors—yes, the whole lot has been redone. Every unit has its own parking space (none of that dreadful street parking

    Loren Miner Eastwood Realty

    Section Image
  • 6723 South Loop E, Houston, TX 77087

    $789,000

    • 1 Bed
    • 1 Bath
    • 6,234 Sq Ft
    • 6723 South Loop E
    • Houston, TX

    GREAT LOCATION right on 610 Loop. Great Value-Add opportunity. Nine unit complex consisting of eight 2-bed / 1-bath, and one 1-bed / 1-bath. Market rent within 1-mile is $1200 mo for 2-bed, $900 for 1-bed. Fantastic opportunity to invest in a 9-unit multi-family property situated in a prime location on the South Loop. This recently renovated property was completely renovated and waiting on

    Scott Young State 28 Real Estate, PLLC

    Section Image
  • 1500 Carroll Oliver Way, Houston, TX 77020

    $699,900

    • 2 Beds
    • 1 Bath
    • 6,652 Sq Ft
    • 1500 Carroll Oliver Way
    • Houston, TX

    Prime 10-Unit Complex in revitalizing Greater 5th Ward area.Located just east of downtown and in the path of revitalization, this 10-unit complex offers a fantastic investment opportunity. With easy access to the I-10 East frwy, tenants enjoy convenient commutes to downtown and beyond.The 100% occupied property consists of eight 2-bedroom, 1-bath units and two 1-bedroom, 1-bath

    Michael Dang Coldwell Banker Universal

    Section Image
  • 5405 Suez St Unit 10, Houston, TX 77020

    $945,000

    • 2 Beds
    • 1 Bath
    • 5,036 Sq Ft
    • 5405 Suez St
    • Unit 10
    • Houston, TX

    Incredible 10-unit package on one lot with 3 separate deeds – buy one, two, or all three! This turnkey rental opportunity includes two fully renovated fourplexes, each with two 1 bed/1 bath units and two 2 bed/1 bath units, plus a duplex with two 1 bed/1 bath units. All units feature modern quartz countertops, vinyl flooring, updated cabinets, and come with fridge and stove. Properties have fresh

    sonia Camacho NB Elite Realty

    Section Image
  • 1904 Binz St, Houston, TX 77004

    $865,000

    • 2 Beds
    • 1 Bath
    • 4,652 Sq Ft
    • 1904 Binz St
    • Houston, TX

    Nestled in the shadows of the renowned Texas Medical Center, this handsome brick four-plex is in terrific condition. The spacious floor plan offers four large 2-bedroom light-filled apartments of over 1000 sq ft each. Residents here love the historic, homey charm of the units with their hardwood floors, arched openings, and mock fireplaces with wood mantles. Yet are also able to enjoy updated

    Jay Monroe Martha Turner Sotheby's International Realty

    Section Image

Source: Houston Association of REALTORS®

MLS Number: 7247516

Houston Association of REALTORS®