3224 Mcgowen Street, Houston, Texas 77004
$695,000
1 Bed
1 Full Bath
Multi-Family
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About 3224 Mcgowen Street
INCOME PRODUCING WHILE YOU BUILD ?? Collecting cashflow in the front while you build 2 townhouses in the back with 5000 sf lot.
Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston’s highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location.Five units are currently tenant-occupied with one unit available for lease—providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax rate and high rental demand make this a solid investment opportunity. Drive-by only for occupied units. Please do not disturb tenants.
Highlights
3224 Mcgowen Street
$695,000
Multi-Family
3,080 Home Sq Ft
Houston 77004
1 Bed
1 Full Bath
10,000 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
037-233-000-0004
Tax Rate
2.2402%
Taxes w/o Exemption/Yr
Unknown
Maint Fee
No
Interior Features
Fireplace
No
Floors
Laminate, Tile
Heating
Natural Gas
Cooling
Ceiling Fan(s), Window Unit(s)
Appliances
Refrigerator
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Exterior Type
Wood Siding
Private Pool
No
Area Pool
Maybe
Lot Description
Subdivision Lot, Walk to Transportation
New Construction
No
Listing Firm
eXp Realty LLC
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Blackshear Elem (Houston) | Elementary | 5 of 10 |
| Cullen Middle (Houston) | Middle | 4 of 10 |
| Yates High | High | 5 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.
