5817 Downing Street, Houston, Texas 77020

Experience significant portfolio potential at 5817 Downing Street, where immediate cash flow meets expansion possibilities on a sprawling 27,000 square foot corner site. Positioned within an Opportunity Zone in the evolving Denver Harbor area, this income-producing asset delivers a robust eight percent cap rate through five leased duplexes. The property spans eleven individual lots, providing a rare footprint for sophisticated growth mere minutes from the vibrant energy of Downtown Houston & the historic Fifth Ward. Ten units currently offer steady returns, while the expansive grounds accommodate the addition of up to eight more units. This dual-access corner location benefits from its position at the end of a quiet street, minimizing through traffic while maintaining accessibility. Holding property in this corridor offers proximity to Houston’s major employment hubs & industrial centers, ensuring consistent demand & long-term value. The site includes two original structures ready for transformation, allowing visionaries to shape the future of this rapidly growing submarket. Every unit is individually metered, simplifying operations & maximizing efficiency for the next owner. This acquisition represents a strategic entry into a flourishing neighborhood, blending current performance with immense development upside. Discover a sophisticated balance of current performance & future vision in one of Houston’s most strategic locations, offering both immediate financial rewards & the space to execute a grander architectural plan.