116 Frawley Street, Houston, TX 77009
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116 Frawley Street,Houston, TX 77009
$389,000
- 2 Beds
- 1 Baths
- 2,643 sq. ft.
- Multi-family
- Pending
Listed by:sheryl davis
Office:brombacher & co.
MLS#:63598318
Source:HARMLS
Price summary
- Price:$389,000
- Price per sq. ft.:$147.18
About this home
Excellent investment opportunity, combining both a single-family home and three separate rental units.
Main Home: 2 beds / 1 bath, currently rents for $1,250/month. Apartments: Three 1 bed / 1 bath units, each rented separately. Total Rental Income is $4K/month main home & all three units combined Electric
Separate meters for the main house and garage apartments. Tenants of the main home pay their own electricity, while the owner covers utilities for the garage apartments. The area is currently undergoing gentrification, with increasing property values, new construction, and charming homes being built in every direction.This property is close to major highways (I-45, 610, I-10, Hardy) & within walking distance of White Oak Music Hall, providing convenient access to entertainment. This property could be a solid long-term investment with existing cash flow & potential upside in utility bill backs, plus the added benefit of being in an appreciating neighborhood. 24hr Notice required.
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Home facts
- Year built:1935
- Listing Id #:63598318
- Updated:August 18, 2025 at 07:20 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:2,643 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Gas
Structure and exterior
- Year built:1935
- Building area:2,643 sq. ft.
Schools
- High school:NORTHSIDE HIGH SCHOOL
- Middle school:MARSHALL MIDDLE SCHOOL (HOUSTON)
- Elementary school:JEFFERSON ELEMENTARY SCHOOL (HOUSTON)
Finances and disclosures
- Price:$389,000
- Price per sq. ft.:$147.18
- Tax amount:$7,242 (2023)
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