1931 Richmond Avenue, Houston, Texas 77098

$795,000

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Real Broker, LLC

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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

Listing Price $795,000
City Houston
Zip Code 77098
Subdivision Richmond Place
Listing Status Active
Baths 1 Full Bath(s)
Stories 2
Year Built 1999 / Appraisal District
Lot Size 5,175 / Appraisal District
MLS # 17099572 (HAR)
Days on Market 9 days
Total Days on Market 9 days
List Price / Sq Ft $201.57
Address 1931 Richmond Avenue
State Texas
County Harris
Property Type Multi-Family
Bedrooms 4
Garage 0
Building Sq Ft 3,944
Market Area Montrose Area
Area 16

Taxes & Fees

Tax ID

057-121-000-0008

Tax Rate

2.1252%

Taxes w/o Exemption/Yr

$20,127 / 2025

Maint Fee

No

Click here to read more about taxes & exemptions

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
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, Real Broker, LLC 5718 Westheimer, Ste 1000, Houston, TX 77057

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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