7431 Avenue L Pending Save Request In-Person Tour Request Virtual Tour
Houston,TX 77011
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,744 sqft
Price per Sqft $148
Subdivision Magnolia Park Sec 02
MLS Listing ID 29324385
Bedrooms 2
Full Baths 1
Year Built 1930
Lot Size 5,000 Sqft
Property Description
Excellent investment opportunity in the vibrant Magnolia Park neighborhood, being sold as is! This triplex offers strong income potential, ideal for investors or those looking to live in one unit while renting out the others. The property is conveniently located close to schools, a public park within walking distance, and easy access to major roads for seamless transit options.
The front unit is a comfortable 2-bedroom, 1-bath residence, while the back houses a 2-story duplex, each unit featuring 1 bedroom and 1 bath. Income Breakdown: The front unit is vacant and could bring in $1,300 per month. The second unit, recently vacated, was previously rented for $900/month, and the third unit has been occupied since March 2024 at $850/month. All including utilities, only 1 meter for the entire property.
Location
State TX
County Harris
Area East End Revitalized
Interior
Heating Central Electric
Cooling Central Electric
Exterior
Roof Type Wood Shingle
Building
Story 2
New Construction No
Schools
Elementary Schools De Zavala Elementary School (Houston)
Middle Schools Edison Middle School
High Schools Austin High School (Houston)
School District 27 - Houston
Others
Special Listing Condition Tenant Occupied