306 E. 40th 1/2 Street, Houston, Texas 77018
$599,900
2 Beds
1 Full Bath
Multi-Family
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About 306 E. 40th 1/2 Street
Welcome to 306 E 40th 1/2 St. a terrific triplex in the bustling neighborhood of Independence
Heights. The gated property was recently taken down to the studs in 2024, the 3 unit complex is
completely renovated and fully leased out generating over $50,000 in annual rental revenue with
longterm tenants! Each unit features 2 bedrooms/1 bath with an open concept floor plan and in
unit washer/dryer. The beautiful residences are finished with stainless steel appliances, shaker
style cabinets, quartz countertops, LVP flooring, and designer tiles. Conveniently located just
minutes from the Heights and Downtown with easy access to major highways 610, 45, and 59. This
property is a great investment and won't last long!
Highlights
306 E. 40th 1/2 Street
$599,900
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 |
|---|---|---|
| Kennedy Elem (Houston) | Elementary | 7 of 10 |
| Williams Middle | Middle | 3 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.