3224 Mcgowen St, Houston, TX 77004

$695,000
6
BD
6
BA
3,080
SqFt

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List Price
$695,000
Status
ACTIVE
MLS#
81312404
Days on Market
0
Bedrooms
6
Bathrooms
6
Living Area
3,080
Lot Size
10,000
Area
4

Property Description

INCOME PRODUCING WHILE YOU BUILD ?? Collecting cashflow in the front while you build 2 townhouses in the back with 5000 sf lot. Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston’s highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location.Five units are currently tenant-occupied with one unit available for lease—providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax rate and high rental demand make this a solid investment opportunity. Drive-by only for occupied units. Please do not disturb tenants.

Additional Information

Year Built
1938
Interior Features
Ceiling Fans
Roof
Composition
Appliances
Refrigerator
Region
4
School District
Houston
Elementary School
Blackshear Elementary School (Houston)
High School
Yates High School
Middle School
Cullen Middle School (Houston)
Stories
1
Street Name
Mcgowen St
Street Number
3224
Neighborhood
University Area
County
Harris
Heating
Central, Natural Gas
Lot Description
Near Public Transit, Subdivision

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Calculator source: Real Geeks

Listing courtesy of eXp Realty LLC. Contact:

Listing courtesy of Thao Nguyen from eXp Realty LLC. Contact: