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Rare investment opportunity in the heart of desirable Montrose! A fully upgraded 12-unit studio apartment building located at 1421 Marshall Street, nestled in one of Houston's most vibrant and walkable neighborhoods. This classic Montrose property features modern finishes throughout, strong rental demand, and an 80% occupancy rate, providing immediate cash flow with upside potential. Each unit has been thoughtfully remodeled with contemporary touches new stainless steel appliances, modern vinyl plank flooring, efficient A/C systems, and quality fixtures "” making them highly appealing to today's renters. The gated building offers secure access and is just steps from some of Montrose's best dining, nightlife, boutiques, art galleries, and transit options. This turnkey asset is ideal for investors seeking stable occupancy, value-add potential, and ownership in a premier inner-loop neighborhood.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 2/17/2026 |
|---|---|---|---|
| TRACT | Montrose | YEAR BUILT | 1940 |
| COMMUNITY | 16 | COUNTY | Harris |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Baker Montessori School |
|---|---|
| Jr. High School | Lanier Middle School |
| High School | Lamar High School (Houston) |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 16 |
| HEAT | Electric |
| LOT | 5950 sq ft |
| STORIES | 2 |
| SUBDIVISION | Montrose |
| TAXES | 22622 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with LPT Realty, LLC
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