306 E. 40th 1/2 Street, Houston, Texas 77018
$749,900
2 Beds
1 Full Bath
Multi-Family
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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
Taxes & Fees
Tax ID
062-054-021-0003
Tax Rate
Unknown
Taxes w/o Exemption/Yr
Unknown
Maint Fee
No
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 |
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.