1511 Scharpe Street, Houston, TX 77023

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1511 Scharpe Street,Houston, TX 77023
$499,000
  • 1 Beds
  • - Baths
  • 1,585 sq. ft.
  • Multi-family
  • Active
Listed by:shahriyar mehrazar
Office:keller williams signature
MLS#:65077253
Source:HARMLS

Price summary

  • Price:$499,000
  • Price per sq. ft.:$314.83

About this home

Exceptional investment opportunity in a rapidly growing neighborhood near Downtown Houston! This well-maintained fourplex offers unbeatable versatility just minutes from the University of Houston, NRG Stadium, the Houston Zoo, the Texas Medical Center, and other major attractions. Ideal for both investors and first-time homebuyers, the property allows you to live in one unit while renting out the other three—perfect for house hacking or generating passive income. The location is highly desirable for short-term rentals, with easy access to major highways, public transit, and employment centers. With strong rental potential and proximity to key destinations, this fourplex is a smart addition to any portfolio. Don’t miss your chance to own in one of Houston’s most promising areas!

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Home facts

  • Year built:1935
  • Listing Id #:65077253
  • Updated:August 18, 2025 at 11:46 AM

Rooms and interior

  • Bedrooms:1
  • Living area:1,585 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Gas

Structure and exterior

  • Roof:Composition
  • Year built:1935
  • Building area:1,585 sq. ft.

Schools

  • High school:AUSTIN HIGH SCHOOL (HOUSTON)
  • Middle school:NAVARRO MIDDLE SCHOOL (HOUSTON)
  • Elementary school:CAGE ELEMENTARY SCHOOL

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$314.83
  • Tax amount:$6,384 (2024)
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