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1408 Edward Dr 2 Unit Apartment Building $325,000 ($162,500/Unit) South Houston, TX 77587
Executive Summary
Check out this amazing duplex includes many updates recently done. All units are currently under a lease contract. Seller is selling an additional duplex building next door as well. This great investment features per unit 2 bedrooms 1.5 baths, updated floors, kitchen & bathrooms updated, a recent new roof, good size backyard with potential room to build another duplex behind the property. This property is at walking distance to the Elementary LF Smith school, surrounded by residential neighborhoods, close to Spencer Hwy, near grocery stores and a ton of shopping centers. This property is located minutes near HwyI-45 & Beltway 8 South. Great to convert it into short term rental Airbnb or long term rental as it's currently being rented. Current Rental contracts will have to be honored with the purchase. No showings unless an offer is received from the buyer.
Property Facts
| Price | $325,000 | Building Class | C |
| Price Per Unit | $162,500 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 1,998 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1998 |
| Apartment Style | Single-Family Home | ||
| Zoning | Commercial - Commercial | ||
| Price | $325,000 |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 1,998 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1998 |
| Zoning | Commercial - Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 2 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0915360000013 | Improvements Assessment | $216,860 |
| Land Assessment | $63,176 | Total Assessment | $280,036 |
Property Taxes
Parcel Number
0915360000013
Land Assessment
$63,176
Improvements Assessment
$216,860
Total Assessment
$280,036
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1408 Edward Dr
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