Share This Listing

Message

926 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

A Unique Opportunity to own an Absolutely 1 of a kind 4 Plex full of character. A unicorn property with 16 bathrooms spread across 4 separate, 2 bedroom units. All baths Fully renovated. Built in Character w/sprawling hardwood floors throughout & lots of windows allowing lots of soft light. Creating a rare opportunity to acquire a property with flexibility for multiple businesses, from short-term to long-term rentals. Strong income guaranteed regardless of choice, since it’s in the heart of ever popular Montrose & around the corner from dozens of restaurants, cafés, & bars, making dining out a breeze. Ideally situated for nature-lovers, only minutes to jogging trails & 2 dog parks @ Allen Parkway. Allowing Enjoyment for a leisurely morning run or evening stroll with friends while taking in the captivating & stunning views of our Dazzling Downtown Skyline. Don't miss out on the opportunity to profit from these very sought after qualities of this location & neighborhood.

Property Facts

Price $1,500,000
Price Per Unit $375,000
Sale Type Investment
Cap Rate 10%
Sale Condition 1031 Exchange
Gross Rent Multiplier 8.44
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
  • Office Office Residential
Building Class B
Lot Size 0.11 AC
Building Size 4,540 SF
Average Occupancy 25%
No. Stories 2
Year Built/Renovated 1930/2023
Zoning B1 - Multi-Family

Amenities

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+3.5 4 $2,450 1,135
Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
0140760000009
Land Assessment
$550,000
Improvements Assessment
$344,222
Total Assessment
$894,222
  • Listing ID: 40977906

  • Date on Market: 6/18/2026

  • Last Updated:

  • Address: 402 Hyde Park Blvd, Houston, TX 77006

Contact the Sale Advisor

402 Hyde Park Houston, Tx 77006 | 402 Hyde Park Blvd

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}