3224 Mcgowen St, Houston, TX 77004
- $695,000
- 6
- BD
- 6
- BA
- 3,080
- SqFt
- List Price
- $695,000
- Status
- ACTIVE
- MLS#
- 81312404
- Days on Market
- 1
- Year Built
- 1938
- Bedrooms
- 6
- Bathrooms
- 6
- Full-baths
- 6
- Living Area
- 3,080
- Lot Size
- 10,000
- Lot Size Source
- Appraiser
- Subdivision
- Wilson Wm A
- Region
- 4
- Market Area
- University Area
- County
- Harris
Property Description
INCOME PRODUCING WHILE YOU BUILD?? Collecting cash flow in the front while you build 2 townhouses in the back with 5000 sf lot. Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston’s highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location. All 6 units are currently tenant-occupied, providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax rate and high rental demand make this a solid investment opportunity. Drive-by only for occupied units. Please do not disturb tenants.
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Additional Information
- Finance Available
- Cash, Conventional, Investor Financing
- Neighborhood
- University Area
- Interior Features
- Ceiling Fans
- Heating
- Central, Natural Gas
- Cooling
- Window/Wall
- Stories
- 1
- Lot Description
- Near Public Transit, Subdivision
- Appliances
- Refrigerator
- Roof
- Composition
- School District
- Houston
- Elementary School
- Blackshear Elementary School (Houston)
- Middle School
- Cullen Middle School (Houston)
- High School
- Yates High School
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Listing courtesy of eXp Realty LLC.