$449,000
$76K PRICE DROP

Estimated payment $3,146/month

Total Views 4,210
2 Beds
1 Bath
3,016 Sq Ft
$149 Price per Sq Ft

Highlights

  • Property is near public transit
  • Tile Flooring
  • Wood Siding
  • Window Unit Cooling System
  • Ceiling Fan
  • Window Unit Heating System

About This Home

Perfect entry point into Multifamily! Buy a nice house or this cash flowing asset! All units fully renovated! 6units - (5) 2 bed/1 Bath, (1)Studio with kitchenette. Do not walk the property or speak to tenants, viewing after offer acceptance & proof of funds. Studio F & Units A,B,C,D,E all (2bed/1bath units) all fully renovated in 2021, 2022, 2024. Water & electric by landlord. Roof 2017, partial siding replaced in 2020, 2022, 2025. Exterior Painted 2020, partial PEX/PVC water piping, 2 water heaters replaced 2014 & 2020, all new AC window units 2020/2021/2024, trees cleared along fence line 2021, parking lot raised and leveled with new rock 2021, new wired fire alarm installed in all units 2021. $70k area income, 34k VPD, property stays 100% occupied. 2 minutes from Hobby Airport and surrounding retail. 1 minute walk to bus stop & laundry facilities. 4min to Kroger, 8min to HEB. Text Agent for offering package with property information.

Listing Agent

Nicholas Heinz

Heinz Properties License #0716013 Listed on: 05/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,252

Year Built

  • Built in 1980

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,016 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lewis/Bellfort Academy Elementary School
  • Ortiz Middle School
  • Chavez High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Additional Features

  • Energy-Efficient Insulation
  • 0.33 Acre Lot
  • Property is near public transit

Community Details

  • 6 Units
  • Fairfield Subdivision

Listing and Financial Details

  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,252

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: 610 South, to I 45 South, exit Park Place Blvd/Broadway Blvd, bear right onto Broadway, Turn Rt on Morley
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1980
  • Subdivision Name: Fairfield
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Laminate Counters, Ceiling Fan(s)
  • Living Area: 3016.0

Exterior Features

  • Disclosures: None, Owner Is Listing Agent, Seller Disclosure
  • Roof: Composition
  • Lot Features: Near Public Transit
  • Construction Type: Wood Siding

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: LEWIS/Bellfort Academy
  • Junior High Dist: 27 - Houston
  • High School: CHAVEZ HIGH SCHOOL
  • Middle Or Junior School: ORTIZ MIDDLE SCHOOL

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8252.0

Multi Family

  • Number Of Units Total: 6

Map

Range of Values:

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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
07/08/2025 07/08/25 Price Changed $449,000 -5.5% $149 / Sq Ft
07/03/2025 07/03/25 Price Changed $475,000 -2.9% $157 / Sq Ft
06/23/2025 06/23/25 Price Changed $489,000 -2.0% $162 / Sq Ft
05/22/2025 05/22/25 Price Changed $499,000 -5.0% $165 / Sq Ft
05/06/2025 05/06/25 For Sale $525,000 -- $174 / Sq Ft
Source: Houston Association of REALTORS®

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Source: Houston Association of REALTORS®

MLS Number: 4457718

Houston Association of REALTORS®