Residential Income in Houston

$695,000

3224 Mcgowen, 77004, Houston, TX

Residential Income for sale in Houston, 3224 Mcgowen, 77004, 3080 m²

3224 Mcgowen, 77004, Houston, TX

$695,000

6Bed
6Bath
3080
Type: Residential Income

Description

INCOME PRODUCING WHILE YOU BUILD?? Collecting cash flow in the front while you build 2 townhouses in the back with 5000 sf lot. Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston’s highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location. All 6 units are currently tenant-occupied, providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax rate and high rental demand make this a solid investment opportunity. Drive-by only for occupied units. Please do not disturb tenants.

Location

3224 Mcgowen, 77004, Houston, TX

Data

Object TypeResidential Income
Purchase Price$695,000
Living Space3080 m²
Plot Size929.03 m²
Bathrooms6
Construction Year1938
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeNatural Gas
Primary Energy SourceN/A
Construction Year1938
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent