7518 Morley Street #6, Houston, Texas 77061

$499,000

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Keller Williams Memorial

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About 7518 Morley Street #6

Perfect entry point into Multifamily! Buy a nice house or this cash flowing asset! All units fully renovated! 6units - (5) 2 bed/1 Bath, (1)Studio with kitchenette. Do not walk the property or speak to tenants, viewing after offer acceptance & proof of funds. Studio F & Units A,B,C,D,E all (2bed/1bath units) all fully renovated in 2021, 2022, 2024. Water & electric by landlord. Roof 2017, partial siding replaced in 2020, 2022, 2025. Exterior Painted 2020, partial PEX/PVC water piping, 2 water heaters replaced 2014 & 2020, all new AC window units 2020/2021/2024, trees cleared along fence line 2021, parking lot raised and leveled with new rock 2021, new wired fire alarm installed in all units 2021. $70k area income, 34k VPD, property stays 100% occupied. 2 minutes from Hobby Airport and surrounding retail. 1 minute walk to bus stop & laundry facilities. 4min to Kroger, 8min to HEB. Text Agent for offering package with property information.

Highlights

7518 Morley Street #6

$499,000

Multi-Family

3,016 Home Sq Ft

Houston 77061

2 Beds

1 Full Bath

14,200 Lot Sq Ft

General Description

Listing Price $499,000
City Houston
Zip Code 77061
Subdivision Fairfield
Listing Status Active
Baths 1 Full Bath(s)
Stories 1
Year Built 1980 / Appraisal District
Lot Size 14,200 / Appraisal District
MLS # 4457718 (HAR)
Days on Market 22 days
Total Days on Market 22 days
List Price / Sq Ft $165.45
Address 7518 Morley Street #6
State Texas
County Harris
Property Type Multi-Family
Bedrooms 2
Garage 0
Building Sq Ft 3,016
Market Area Hobby Area
Key Map 575A
Area 3

Taxes & Fees

Tax ID

074-039-007-0001

Tax Rate

2.217362%

Taxes w/o Exemption/Yr

$8,252 / 2024

Maint Fee

No

Click here to read more about taxes & exemptions

Room/Lot Size

Interior Features

Fireplace

No

Floors

Tile

Countertop

Laminate

Heating

Window Unit

Cooling

Window Units

Dishwasher

No

Range

Yes

Disposal

No

Microwave

No

Energy Feature

Ceiling Fans, Insulation - Batt

Loft

Maybe

Exterior Features

Roof

Composition

Exterior Type

Wood

Private Pool

Maybe

Area Pool

Maybe

New Construction

No

Listing Firm

Schools (HOUSTO - 27 - Houston)

Name Grade Great School Ranking
Lewis/Bellfort Academy Elementary None of 10
Ortiz Middle Middle 3 of 10
Chavez 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