4831 Gulf Freeway #6
Houston, TX 77023
4032 sqft | 4 beds | 4 baths | 0.14 acres | #18483318
Description
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 Details
- Property SubtypeMulti Family, Multiple Detached Dwellings
- Middle SchoolNavarro Middle School (Houston)
- High SchoolAUSTIN HIGH SCHOOL (HOUSTON)
- Elementary SchoolCAGE ELEMENTARY SCHOOL
- Property TypeMulti-Family
- School District27 - Houston
- SubdivisionBroadmoor
- MLS #18483318
- MLS #18483318
- Acres0.1435
- CountyHarris
- Taxes Annual$6,685
- Cost500000
- Square Feet4032
- Year Built1946
- Bedrooms4
- Bathrooms4
- Full Baths4
Location
Legal
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Last Updated: . Source: HARMLS
Listing Courtesy
Listing Agent: Collie Hill (#hillcd)
Listing Office: LPT Realty, LLC (#LPTT01)
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