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Welcome to 306 E 40th 1/2 St. a terrific triplex in the bustling neighborhood of Independence Heights. The gated property was recently taken down to the studs in 2024, the 3 unit complex is completely renovated and fully leased out generating over $50,000 in annual rental revenue with longterm tenants! Each unit features 2 bedrooms/1 bath with an open concept floor plan and in unit washer/dryer. The beautiful residences are finished with stainless steel appliances, shaker style cabinets, quartz countertops, LVP flooring, and designer tiles. Conveniently located just minutes from the Heights and Downtown with easy access to major highways 610, 45, and 59. This property is a great investment and won't last long!
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 9/4/2026 |
|---|---|---|---|
| TRACT | Willadale | YEAR BUILT | 1965 |
| COMMUNITY | 9 | COUNTY | Harris |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Kennedy Elementary School (Houston) |
|---|---|
| Jr. High School | Williams Middle School |
| High School | Washington High School |
| PRICE HISTORY | |
| Prior to Aug 7, '26 | $649,900 |
|---|---|
| Aug 7, '26 - Sep 4, '26 | $624,900 |
| Sep 4, '26 - Today | $599,900 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Microwave, Range, Refrigerator |
| AREA | 9 |
| CONSTRUCTION | Cement Siding |
| HEAT | Electric |
| INTERIOR | Smart Thermostat |
| LOT | 5005 sq ft |
| PARKING | Paved, Electric Gate, Gated |
| STORIES | 1 |
| SUBDIVISION | Willadale |
| UTILITIES | Cable Connected, Water Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Nan & Company Properties - Corporate Office (Heights)
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