369 E. Chestnut Street, Houston, Texas 77665
$170,000
1 Bed
1 Full Bath
Multi-Family
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About 369 E. Chestnut Street
Income-Producing Multifamily W/ Expansion Potential Just off I-10
Turn-key multifamily investment on a corner lot just over half an acre, offering immediate cash flow with future upside. Located just off I-10 along the route to Bolivar Peninsula and nearby industrial plants, supporting both long-term and short-term rental demand.The property includes two well-maintained 1-bedroom, 1-bath units, each with a living area, kitchen, full bath, and private bedroom. Both units are tenant occupied on month-to-month leases, providing flexibility for rent increases, STR conversion, or owner-operator use. Unit 367 offers two mini-splits, a covered porch with handicap-accessible ramp and stairs, and a long-term tenant of over three years.
Unit 369 features stair access and one mini-split.
A detached utility building provides water heaters, washer/dryer, and tenant storage. The property is approved for two additional buildings, creating a clear path to increased density and long-term value.
Highlights
369 E. Chestnut Street
$170,000
Multi-Family
572 Home Sq Ft
Houston 77665
1 Bed
1 Full Bath
21,980 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
56278
Tax Rate
1.8478%
Taxes w/o Exemption/Yr
$3,715 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Heating
Other
Cooling
Other
Appliances
Range, Refrigerator
Dishwasher
No
Range
Yes
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Metal
Private Pool
No
Area Pool
Maybe
Lot Description
1/2 Up to 1 Acre, Cleared, Corner Lot
New Construction
No
Listing Firm
RE/MAX Universal
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| East Chambers Elem | Elementary | 7 of 10 |
| East Chambers J H | Middle | 6 of 10 |
| East Chambers 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.
