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Kennon Heights 3824 Fulton St 18 Unit Apartment Building For Sale Houston, TX 77009

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Investment Highlights

  • Strong Operating Performance With Upside
  • Accelerated Depreciation Benefit
  • Direct Benefit From Urban Revitalization
  • Residential-Quality Design & Construction
  • Convenient Access to Houston MSA

Executive Summary

Transwestern’s Houston Multifamily Investment Sales Team is pleased to present Kennon Heights, an 18-unit, townhome-style community in Houston’s Northside neighborhood offering investors a newly constructed, fully stabilized, low-maintenance asset with strong in-place cash flow and immediate rental upside. Delivered in two phases in 2023 and 2025, the Property is strategically located along the METRORail Red Line with direct access to Downtown Houston and the Texas Medical Center. Kennon Heights features a differentiated, home-like design with private rooftop decks, fenced yards, and modern finishes that have driven rapid absorption and a stabilized rent roll. Adjacent to Moody Park, which is undergoing a multimillion-dollar revitalization, the property offers investors durable cash flow, transit-oriented fundamentals, and embedded upside from a rapidly improving urban corridor.

Property Facts

Sale Type Investment
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.39 AC
Building Size 17,172 SF
Average Occupancy 100%
No. Stories 4
Year Built 2023
Parking Ratio 1.51/1,000 SF
Opportunity Zone Yes

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • High Speed Internet Access
  • Refrigerator
  • Sprinkler System
  • Range
  • Walk-In Closets
  • Yard
  • Deck
  • Linen Closet
  • Pantry
  • Vinyl Flooring

Site Amenities

  • Security System

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1.5 18 $2,200 954
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
0550660000006
Land Assessment
$349,316
Improvements Assessment
$1,189,361
Total Assessment
$1,538,677
  • Listing ID: 39227604

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 3824 Fulton St, Houston, TX 77009

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