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3224 Mcgowen St, Houston, TX 77004

$695,000
: 6
BD
: 6
BA
: 3,080
SqFt

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List Price: $695,000
MLS#: 81312404
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 1938
Bedrooms: 6
Bathrooms: 6
Living Area: 3,080
County: Harris
Area: 4
City: Houston
Subdivision: Wilson Wm A

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Property 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.

214-641-4491

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Additional Information

Lot Size: 10,000
Lot Description: Near Public Transit, Subdivision
Interior Features: Ceiling Fans
Flooring: Laminate, Tile
Roof: Composition
Stories: 1
School District: Houston
Elementary School: Blackshear Elementary School (Houston)
Middle School: Cullen Middle School (Houston)
High School: Yates High School