3144 Southmore Boulevard presents an excellent opportunity to acquire a 10 unit multifamily investment property in Houston's 77004 area. The property features 10 two bedroom, two bathroom residences, each offering approximately 915 square feet of living space with functional layouts. Currently 90% leased, with nine occupied units and one vacant residence, the property provides existing rental income with the opportunity for additional income potential. Conveniently situated near the Texas Medical Center, Museum District, Downtown Houston, and major highways, the location offers accessibility to employment centers, universities, dining, and entertainment. With established rental operations, consistent unit configurations, and a central Houston location, this property offers investors an opportunity to expand their multifamily portfolio.
| MLS # | 50804783 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Year | 2020 |
| Days On Site | 9 |
| Listing Provided By | Nextgen Real Estate Properties | Andrea Tran |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 10,000 |
| Story(s) | 2 |
| Units | 1 |
| Acreage | 0.30 |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | Riverside |
| Community Name | Southmore Enclave |
| School District | 27 - Houston |
| Elementary School | Lockhart Elementary School |
| High School | 27 - Houston |
| Listing VS Median (in Southmore Enclave) | |
Price: $2,400,000 low | high Med: $2,400,000 sqft: 10,000 low | high Med: 10,000 $ / sqft: $240 low | high Med: $240 On site: 9 low | high Med: 9 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | Riverside |
| Community Name | Southmore Enclave |
| School District | 27 - Houston |
| Elementary School | Lockhart Elementary School |
| High School | 27 - Houston |
| Listing VS Median (in Southmore Enclave) | |
Price: $2,400,000 low | high Med: $2,400,000 sqft: 10,000 low | high Med: 10,000 $ / sqft: $240 low | high Med: $240 On site: 9 low | high Med: 9 | |