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3435 Rosedale St 5 Unit Apartment Building $510,000 ($102,000/Unit) Houston, TX 77004



Investment Highlights
- Boutique five-unit multifamily investment opportunity
- Located within Houston’s University of Houston / Texas Medical Center Corridor
- Utilities billed back to tenants, helping reduce operating expenses
- Unit mix consisting of three one-bedroom units and two two-bedroom units
- Stable in-place rental income, all units occupied
- Seller financing available for qualified buyers
Executive Summary
3435 Rosedale Street is a boutique five-unit multifamily investment opportunity located within Houston’s rapidly evolving University of Houston / Texas Medical Center Corridor. The property consists of two residential buildings totaling approximately 3,564 square feet situated on a 6,600-square-foot lot. The unit mix includes three one-bedroom units and two two-bedroom units, providing broad tenant appeal and stable rental demand.
The property is currently producing in-place income with all five units occupied. Utilities are billed back to tenants, helping improve operating efficiency and reduce ownership expenses.
What makes 3435 Rosedale particularly compelling is its exceptional location within one of Houston’s strongest urban rental corridors. The property is located just minutes from the University of Houston, Texas Southern University, the Texas Medical Center, Hermann Park, the Museum District, Downtown Houston, and major transportation corridors including SH-288 and Interstate 45. These employment, education, healthcare, and entertainment destinations provide multiple long-term demand drivers supporting durable occupancy and continued neighborhood investment.
In addition, ownership has indicated a willingness to consider seller financing for qualified buyers, creating an attractive financing alternative in today’s capital markets. Combined with its manageable size, accessible price point, and central location, 3435 Rosedale offers an appealing opportunity for private investors, owner-operators, and 1031 exchange buyers seeking long-term cash flow and appreciation.
The property is currently producing in-place income with all five units occupied. Utilities are billed back to tenants, helping improve operating efficiency and reduce ownership expenses.
What makes 3435 Rosedale particularly compelling is its exceptional location within one of Houston’s strongest urban rental corridors. The property is located just minutes from the University of Houston, Texas Southern University, the Texas Medical Center, Hermann Park, the Museum District, Downtown Houston, and major transportation corridors including SH-288 and Interstate 45. These employment, education, healthcare, and entertainment destinations provide multiple long-term demand drivers supporting durable occupancy and continued neighborhood investment.
In addition, ownership has indicated a willingness to consider seller financing for qualified buyers, creating an attractive financing alternative in today’s capital markets. Combined with its manageable size, accessible price point, and central location, 3435 Rosedale offers an appealing opportunity for private investors, owner-operators, and 1031 exchange buyers seeking long-term cash flow and appreciation.
Property Facts
| Price | $510,000 | Building Class | C |
| Price Per Unit | $102,000 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 3,564 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1945 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | None | ||
| Price | $510,000 |
| Price Per Unit | $102,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,564 SF |
| No. Stories | 2 |
| Year Built | 1945 |
| Opportunity Zone |
Yes |
| Zoning | None |
Amenities
Unit Amenities
- Hardwood Floors
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 517 |
| 2+1 | 1 | - | 1,100 |
| 2+2 | 1 | - | 1,100 |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 0700280040009 | Improvements Assessment | $296,482 |
| Land Assessment | $163,800 | Total Assessment | $460,282 |
Property Taxes
Parcel Number
0700280040009
Land Assessment
$163,800
Improvements Assessment
$296,482
Total Assessment
$460,282
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