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A well-located triplex presents a compelling multifamily investment opportunity in one of Houston's most active inner-loop submarkets. The property currently consists of 3 separate residential units with stable income potential & offers additional upside through the potential to add a fourth studio apartment unit (subject to buyer verification, zoning, & permits) This asset is ideal for investors seeking cash flow today with future value-add expansion, as well as owner-occupants looking to offset ownership costs with rental income, making it an attractive addition to an investment portfolio. Situated at the prime intersection of Midtown & Third Ward, this property is minutes from Downtown, the Texas Medical Center, & major universities. With easy access to US-59, I-45, and I-288, & surrounded by new development, demand is strong from both owners & investors. Zoned for residential or mixed-use use with no HOA fees, it's an ideal infill opportunity for short-term or long-term rentals.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 7/16/2026 |
|---|---|---|---|
| TRACT | Washington Terrace | YEAR BUILT | 1930 |
| COMMUNITY | 4 | COUNTY | Harris |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Lockhart Elementary School |
|---|---|
| Jr. High School | Cullen Middle School (Houston) |
| High School | Yates High School |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
| AREA | 4 |
| CONSTRUCTION | Brick |
| EXTERIOR | Balcony |
| GARAGE | Yes |
| HEAT | Natural Gas |
| LOT | 5249 sq ft |
| PARKING | Garage |
| STORIES | 2 |
| SUBDIVISION | Washington Terrace |
| TAXES | 7740 |
| UTILITIES | Natural Gas Connected, Water Connected |
MORTGAGE CALCULATOR
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