1500 Carroll Oliver Way, Houston, Texas 77020
$699,900
2 Beds
1 Full Bath
Multi-Family






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About 1500 Carroll Oliver Way
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 100% occupied 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.
Major updates include replaced water supply lines, exterior siding, and sloped roof completed in 2017. French drains installed in 2022, 8 electrical panels replaced in 2023, and gas 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. BRING YOUR OFFERS!!!
Highlights
1500 Carroll Oliver Way
$699,900
Multi-Family
6,652 Home Sq Ft
Houston 77020
2 Beds
1 Full Bath
5,035 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
070-057-001-0001
Tax Rate
2.0923%
Taxes w/o Exemption/Yr
$7,358 / 2024
Maint Fee
No
Room/Lot Size
Interior Features
Fireplace
No
Floors
Tile, Vinyl Plank
Heating
No Heating
Cooling
Window Units
Dishwasher
Maybe
Range
Yes
Disposal
Maybe
Microwave
Maybe
Energy Feature
Ceiling Fans
Loft
Maybe
Exterior Features
Roof
Composition
Private Pool
Maybe
Area Pool
Maybe
Lot Description
Corner
New Construction
No
Listing Firm
Schools (HOUSTO - 27 - Houston)
Name | Grade | Great School Ranking |
---|---|---|
Atherton Elem (Houston) | Elementary | 2 of 10 |
Mcreynolds Middle | Middle | 6 of 10 |
Wheatley High | High | 4 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.