1107 E 40th 1/2 St, Houston, TX 77022

$255,000
2
BD
1
BA
1,444
SqFt

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List Price
$255,000
Status
ACTIVE
MLS#
17138281
Days on Market
76
Year Built
1948
Bedrooms
2
Bathrooms
1
Full-baths
1
Living Area
1,444
Lot Size
5,928
Lot Size Source
Appraiser
Subdivision
Whitney Place Sec 02
Region
9
Market Area
Northwest Houston
County
Harris

Property Description

FULLY OCCUPIED DUPLEX in rapidly appreciating Independence Heights! Located directly off 610 & 45, this turnkey bungalow-style multifamily property features two 2BR/1BA units with different floorpans art 722 sqft each unit. One unit is tenant-occupied through September 2026 and right side thru January 2027, offering immediate income; $29,400 gross annual rent combined. Each side has separate meters and both tenants pay their own utilities. Excellent layouts, durable finishes, separate entrances both in front with complete with separate driveways. High rental comps in the area for long-term hold, STR, value-add, or development project. Rare multifamily option in a hot neighborhood undergoing major redevelopment—secure this income-producing asset today.

Additional Information

Taxes
$6,286
Neighborhood
Northwest Houston
Heating
Central, Natural Gas
Cooling
Central Air, Electric
Stories
1
Appliances
Microwave, Refrigerator
Roof
Composition
School District
Houston
Elementary School
Burrus Elementary School
Middle School
Williams Middle School
High School
Washington High School

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Calculator source: Real Geeks

Listing courtesy of United Real Estate.