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Todd Avery

[email protected] +1(210) 260-9315

$ 420,000

Est. payment -/mo

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7425 Avenue E Houston, TX 77011

3 Beds

1 Bath

1,200 SqFt

UPDATED:

01/30/2025 09:00 AM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $350

Subdivision Magnolia Park Sec 02

MLS Listing ID 6798224

Bedrooms 3

Full Baths 1

Year Built 1930

Annual Tax Amount $5,455

Tax Year 2024

Lot Size 5,000 Sqft

Property Description

This income-generating fourplex is a true CASH COW! perfect for investors seeking steady returns or first-time buyers looking to build wealth through real estate. Strategically located in a high-demand rental area, it boasts long-term tenants, strong occupancy rates, and impressive cash flow. Both 1 bed/1 bath units are rented out ($950 each) already with a 1 yr lease. 3 bed/1 bath unit has been recently rented out for $1,100 w/ 1 yr lease. 1 bed/1 bath unit can be rented out $950+. Tenants pay their own utilities. This multi-family property can bring in $4K+ a month. This property is a reliable revenue stream for seasoned investors or those starting their portfolio. Don't miss out on this money-making gem that combines location, stability, and profitability in one incredible investment opportunity!

Location

State TX

County Harris

Area East End Revitalized

Interior

Heating Other Heating

Cooling Other Cooling

Flooring Vinyl Plank, Wood

Exterior

Roof Type Composition

Building

Lot Description Other

Faces Southwest

Story 1

Lot Size Range 0 Up To 1/4 Acre

Structure Type Cement Board

New Construction No

Schools

Elementary Schools Gallegos Elementary School (Houston)

Middle Schools Edison Middle School

High Schools Austin High School (Houston)

School District 27 - Houston

Others

Senior Community No

Restrictions Unknown

Tax ID 025-130-000-0011

Energy Description Ceiling Fans

Acceptable Financing Cash Sale, Conventional, FHA, VA

Tax Rate 2.1648

Disclosures Owner/Agent, Sellers Disclosure

Listing Terms Cash Sale, Conventional, FHA, VA

Financing Cash Sale,Conventional,FHA,VA

Special Listing Condition Owner/Agent, Sellers Disclosure

Houston Association of Realtors (HAR MLS)

Listed by Realty Of America, LLC • Elio Alanis

Todd Avery

Broker Associate | License ID: 385831

+1(210) 260-9315

Todd Avery

7425 Avenue E Houston, TX 77011

Key Details

Location

Interior

Exterior

Building

Schools

Others

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7425 Avenue E