$500,000
For Sale

4831 Gulf Freeway #6

Houston, TX 77023
4032 sqft | 4 beds | 4 baths | 0.14 acres | #18483318
Browse 7 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Income-Producing 4-Plex with Value-Add Potential - Prime Houston Location
This half-renovated 4-plex offers the best of both worlds - two units are occupied by long-term tenants providing steady income, while two vacant unitshave undergone a FULL RENOVATION down to the stude! Each of the four 1BR/1BA units includes a private garage. Upgraded features include recessed lighting, waterproof vinyl plank flooring, modern walk-in showers, new appliances, and updated PEX plumbing/wiring. Situated on a 6,250 sq ft lot near UofH and Hobby Airport, the property's no-HOA status makes it ideal for either maintaining the existing rental income or converting to higher-yield short-term rentals. With repairs already factored into the price, this turnkey opportunity combines immediate cash flow with clear upside potential through simple renovations and strategic rent increases - a smart play for investors seeking a low-risk asset in Houston's competitive market.

  • Property Details
      • Property SubtypeMulti Family, Multiple Detached Dwellings
      • Middle SchoolNavarro Middle School (Houston)
      • High SchoolAUSTIN HIGH SCHOOL (HOUSTON)
      • Elementary SchoolCAGE ELEMENTARY SCHOOL
      • Property TypeMulti-Family
      • School District27 - Houston
      • SubdivisionBroadmoor
      • MLS #18483318
      • MLS #18483318
      • Acres0.1435
      • CountyHarris
      • Taxes Annual$6,685
      • Cost500000
      • Square Feet4032
      • Year Built1946
      • Bedrooms4
      • Bathrooms4
      • Full Baths4

Location

Michelle SmithReal Estate Group
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