1931 Richmond Avenue, Houston, Texas 77098
$795,000
4 Beds
1 Full Bath
Multi-Family
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About 1931 Richmond Avenue
Experience the vibrant heartbeat of Montrose through this versatile mixed-use property at 1931 Richmond Avenue. This income-producing asset provides a sophisticated blend of commercial & residential spaces, currently fully occupied for immediate returns. Situated minutes from the Texas Medical Center, Downtown, & The Galleria, the location offers unparalleled convenience for commuting & leisure. The ground floor showcases a spacious medical office spanning nearly sixteen hundred square feet. This workspace suite includes multiple private treatment rooms, a welcoming reception area, & a versatile multi-purpose room suited for various business needs. The existing half bathroom downstairs offers the potential for expansion into a full facility if desired. Moving to the upper level, discover two private residential units that provide comfortable living spaces. Each residence features one bedroom & one bathroom, offering a secluded retreat above the business hub. Living in the Montrose area ensures easy access to premier shopping at Rice Village, world-class dining destinations, & the renowned Museum District. This property represents a rare opportunity to acquire a flexible investment in one of the most dynamic & culturally rich neighborhoods in Houston. Please note that this building is being sold in its current condition & must be purchased in conjunction with the adjacent property at 1935 Richmond Avenue. Secure your place in this thriving community where business functionality meets residential charm.
Highlights
1931 Richmond Avenue
$795,000
Multi-Family
3,944 Home Sq Ft
Houston 77098
4 Beds
1 Full Bath
5,175 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
057-121-000-0008
Tax Rate
2.1252%
Taxes w/o Exemption/Yr
$20,127 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Floors
Carpet, Laminate
Heating
Electric
Cooling
Ceiling Fan(s), Electric
Appliances
Dishwasher, Microwave, Range, Refrigerator
Dishwasher
Yes
Range
Yes
Disposal
No
Microwave
Yes
Energy Feature
Attic Vents, Insulation
Loft
No
Exterior Features
Roof
Composition
Exterior Type
Cement Siding, Wood Siding
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
Nan & Company Properties - Corporate Office (Heights)
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Poe Elem | Elementary | 7 of 10 |
| Lanier Middle | Middle | 9 of 10 |
| Lamar High | High | 7 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.