1959 Richmond Avenue, Houston, Texas 77098
$798,000
2 Beds
2 Full Baths
Multi-Family
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About 1959 Richmond Avenue
Investor’s Dream in Upper Kirby Corridor – Exceptional opportunity to own a multi-family property in one of Houston’s most dynamic and sought-after submarkets. This tenant occupied 4-plex, located on prestigious Richmond Avenue between Montrose and Upper Kirby. A fifth unit is partially constructed and ready to be completed or converted into extra parking—an ideal value-add play to boost future returns. Main building consists of 2 units, side by side, each is 2 beds and 1 and 1/2 baths. Structure in the back has 2 studios upstairs and a framed, but unfinished large 5th unit downstairs. Situated just minutes from the Texas Medical Center, Rice University, Greenway Plaza, and the Museum District, this property benefits from unmatched centrality and rental demand. Enjoy access to world-class dining, retail, public transit—making it a prime location for both long-term and short-term rental strategies. Property has a new roof and updated appliances. Tenant occupied, do not disturb tenants
Highlights
1959 Richmond Avenue
$798,000
Multi-Family
4,406 Home Sq Ft
Houston 77098
2 Beds
2 Full Baths
5,400 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
057-121-000-0002
Tax Rate
2.0924%
Taxes w/o Exemption/Yr
$13,740 / 2024
Maint Fee
No
Room/Lot Size
Interior Features
Fireplace
No
Heating
Central Gas, Window Unit
Cooling
Central Electric, Window Units
Dishwasher
Maybe
Range
Yes
Disposal
Maybe
Microwave
Maybe
Loft
Maybe
Exterior Features
Roof
Composition
Private Pool
Maybe
Area Pool
Maybe
New Construction
No
Listing Firm
Schools (HOUSTO - 27 - Houston)
| Name | Grade | Great School Ranking |
|---|---|---|
| Poe Elem | Elementary | 6 of 10 |
| Lanier Middle | Middle | 9 of 10 |
| Lamar High | High | 6 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.
