7431 Avenue L
Houston, TX 77011
1744 sqft | 2 beds | 1 bath | 0.11 acres | #29324385
Description
Excellent investment opportunity in the vibrant Magnolia Park neighborhood, being sold as is! This triplex offers strong income potential, ideal for investors or those looking to live in one unit while renting out the others. The property is conveniently located close to schools, a public park within walking distance, and easy access to major roads for seamless transit options.
The front unit is a comfortable 2-bedroom, 1-bath residence, while the back houses a 2-story duplex, each unit featuring 1 bedroom and 1 bath. Income Breakdown: The front unit is vacant and could bring in $1,300 per month. The second unit, recently vacated, was previously rented for $900/month, and the third unit has been occupied since March 2024 at $850/month. All including utilities, only 1 meter for the entire property.
Property Details
- Elementary SchoolDE ZAVALA ELEMENTARY SCHOOL (HOUSTON)
- High SchoolAUSTIN HIGH SCHOOL (HOUSTON)
- Middle SchoolEdison Middle School
- Property SubtypeMulti Family, Triplex
- SubdivisionMagnolia Park
- Property TypeMulti-Family
- School District27 - Houston
- MLS #29324385
- MLS #29324385
- Acres0.1148
- CountyHarris
- Cost259000
- Square Feet1744
- Year Built1930
- Bedrooms2
- Bathrooms1
- Full Baths1
Location
Legal
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Last Updated: . Source: HARMLS
Listing Courtesy
Listing Agent: Carolina Angel Gutierrez (#caroangel)
Listing Office: eXp Realty LLC (#EXPD01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
