1500 Carroll Oliver Way, Houston, Texas 77020

$699,900

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Keller Williams Memorial

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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

Listing Price $699,900
City Houston
Zip Code 77020
Subdivision Parkford Place
Listing Status Active
Baths 1 Full Bath(s)
Stories 2
Year Built 1960 / Appraisal District
Lot Size 5,035 / Appraisal District
MLS # 22411267 (HAR)
Days on Market 67 days
Total Days on Market 170 days
List Price / Sq Ft $105.22
Address 1500 Carroll Oliver Way
State Texas
County Harris
Property Type Multi-Family
Bedrooms 2
Garage 0
Building Sq Ft 6,652
Market Area Denver Harbor Area
Key Map 494G
Area 2

Taxes & Fees

Tax ID

070-057-001-0001

Tax Rate

2.0923%

Taxes w/o Exemption/Yr

$7,358 / 2024

Maint Fee

No

Click here to read more about taxes & exemptions

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
Read more about Houston's Top Schools

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.

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Paige Martin, Broker Associate, Keller Williams Memorial 1220 Augusta Dr, 300, Houston, TX 77057

All information is subject to change and should be independently verified.

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Disclaimer

Statistics and data is from the most 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