306 E. 40th 1/2 Street, Houston, Texas 77018

$749,900

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Real Broker, LLC

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About 306 E. 40th 1/2 Street

Discover a sophisticated investment opportunity at 306 East 40th 1/2 Street, a pristine triplex meticulously renovated down to the studs in 2024. This fully leased property generates over fifty thousand dollars in annual revenue, offering immediate value & long-term stability within the rapidly evolving landscape of Independence Heights. Each of the three refined units provides an elevated living experience featuring two bedrooms & one bathroom within an airy open-concept floor plan. High-end interiors showcase designer touches including sleek quartz countertops, contemporary shaker-style cabinetry, & premium stainless steel appliances. Durable luxury vinyl plank flooring flows through the living spaces, while elegant designer tiles elevate the bathroom aesthetics. Every residence includes a private in-home washer & dryer, ensuring convenience for residents seeking a high-quality urban lifestyle. Positioned moments from the vibrant culture of The Heights & the bustling energy of Downtown Houston, this gated residence offers seamless connectivity to major thoroughfares like Interstate 610, Interstate 45, & Highway 59. Residents enjoy effortless access to the Medical Center & the Energy Corridor, placing the best of the city within reach. The property exterior features a secure gated entry & well-maintained grounds on a spacious five thousand five square foot lot. This exceptional offering combines modern luxury with proven financial performance, making it a standout selection for those looking to secure a high-performance asset in a premier Houston location.

Highlights

306 E. 40th 1/2 Street

$749,900

Multi-Family

2,084 Home Sq Ft

Houston 77018

2 Beds

1 Full Bath

5,005 Lot Sq Ft

General Description

Listing Price $749,900
City Houston
Zip Code 77018
Subdivision Willadale
Listing Status Active
Baths 1 Full Bath(s)
Stories 1
Year Built 1965 / Appraisal District
Lot Size 5,005 / Appraisal District
MLS # 12728693 (HAR)
List Price / Sq Ft $359.84
Address 306 E. 40th 1/2 Street
State Texas
County Harris
Property Type Multi-Family
Bedrooms 2
Garage 0
Building Sq Ft 2,084
Area 9

Taxes & Fees

Tax ID

062-054-021-0003

Tax Rate

Unknown

Taxes w/o Exemption/Yr

Unknown

Maint Fee

No

Click here to read more about taxes & exemptions

Interior Features

Fireplace

No

Floors

Tile, Vinyl Plank

Heating

Electric

Cooling

Ceiling Fan(s), Electric

Appliances

Disposal, Microwave, Range, Refrigerator

Dishwasher

No

Range

Yes

Disposal

Yes

Microwave

Yes

Energy Feature

Exposure/Shade, HVAC, Thermostat

Loft

No

Exterior Features

Roof

Composition

Exterior Type

Cement Siding

Private Pool

No

Area Pool

Maybe

Lot Description

Subdivision Lot, Walk to Transportation

New Construction

No

Front Door

North

Listing Firm

Nan & Company Properties - Corporate Office (Heights)

Schools

Name Grade Great School Ranking
Burrus Elem Elementary 8 of 10
Williams Middle Middle 4 of 10
Washington High High 3 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