Prime 10-Unit Complex in revitalizing Greater 5th Ward area.
Located just east of downtown and in the path of revitalization, this 10-unit complex offers a fantastic investment opportunity. With easy access to the I-10 East frwy, tenants enjoy convenient commutes to downtown and beyond.
The property consists of eight 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, 8 of which have been renovated over the years. Upgrades include countertops, updated tile, new toilets, appliances, and paint throughout.
Major updates include replaced water supply lines, exterior siding, and roof completed in 2017. French drains installed in 2022, 8 electrical panels replaced in 2023, and water heater replaced in 2024. The exterior has been freshly painted, giving the building a clean, attractive look.
With its prime location not in a flood zone and ongoing area improvements, this turn-key property is ready to deliver value and growth potential.
| Name | Grade | Great School Ranking | Performance Index | Distinction Designations |
|---|---|---|---|---|
| Atherton Elem (Houston) | Elementary | 5 of 10 | 4 of 4 | 3 of 7 |
| Mcreynolds Middle | Middle | 2 of 10 | 4 of 4 | 0 of 7 |
| Wheatley High | High | 2 of 10 | 2 of 4 | 0 of 7 |
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Disclaimer
Statistics and data is from the most recent recent available period, as of the time of this writing. No representations or warranties, either expressed or implied, are made to the accuracy of the information herein, or with respect to suitability, usability, feasibility, merchantability or condition of any property described herein. There is no official relationship between this website, the owner, or lessee/real estate agent and any properties described on this website (including, but not limited to owners, management companies, HOAs or associations) or visa versa. Data is presented for informational purposes only and does not represent a listing of a building, property or entity. All dimensions are approximate