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$1,490,000
Est. payment /mo
4,592 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,592 sqft
Price per Sqft $324
Subdivision Montrose
MLS Listing ID 11657272
HOA Y/N No
Year Built 1940
Annual Tax Amount $22,622
Tax Year 2025
Property Sub-Type Multi Family
Property Description
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.
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.
Location
State TX
County Harris
Area Montrose
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Exterior
Roof Type Other
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools Baker Montessori School
Middle Schools Lanier Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Tax ID 026-202-000-0018
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Listed by LPT Realty, LLC Klodian Hoxha
NEARBY SCHOOL & BUSINESS
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