4831 Gulf Freeway #6, Houston, TX 77023

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#1#2#3
4831 Gulf Freeway #6,Houston, TX 77023
$500,000
  • 4 Beds
  • 4 Baths
  • 4,032 sq. ft.
  • Multi-family
  • Active
Listed by:collie hill
Office:lpt realty, llc.
MLS#:18483318
Source:HARMLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$124.01

About this home

Income-Producing 4-Plex with Value-Add Potential - Prime Houston Location This half-renovated 4-plex offers the best of both worlds - two units are occupied by long-term tenants providing steady income, while two vacant unitshave undergone a FULL RENOVATION down to the stude! Each of the four 1BR/1BA units includes a private garage. Upgraded features include recessed lighting, waterproof vinyl plank flooring, modern walk-in showers, new appliances, and updated PEX plumbing/wiring. Situated on a 6,250 sq ft lot near UofH and Hobby Airport, the property's no-HOA status makes it ideal for either maintaining the existing rental income or converting to higher-yield short-term rentals. With repairs already factored into the price, this turnkey opportunity combines immediate cash flow with clear upside potential through simple renovations and strategic rent increases - a smart play for investors seeking a low-risk asset in Houston's competitive market. (PROPERTY STILL UNDER RENOVATION!!)

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Home facts

  • Year built:1946
  • Listing Id #:18483318
  • Updated:August 18, 2025 at 11:38 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:4,032 sq. ft.

Heating and cooling

  • Cooling:Window Units

Structure and exterior

  • Roof:Composition
  • Year built:1946
  • Building area:4,032 sq. ft.

Schools

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

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$124.01
  • Tax amount:$6,685 (2024)
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