7431 Avenue L new Save Request In-Person Tour Request Virtual Tour
Houston,TX 77011
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 782 sqft
Price per Sqft $331
Subdivision Magnolia Park Sec 02
MLS Listing ID 77513935
Bedrooms 2
Full Baths 1
Year Built 1930
Annual Tax Amount $3,262
Tax Year 2024
Lot Size 5,000 Sqft
Property Description
Multi-Unit Triplex in Magnolia Park -
This is an excellent rental investment opportunity in the heart of Magnolia Park, just minutes from downtown Houston. This triplex property offers three separate units, making it a great addition to any investor's portfolio. The property was remodeled in 2019 and features a double driveway for convenient parking for all three units.
Unit A:
Single-family home (785 sq. ft.)
2 bedrooms, 1 bathroom
Open concept kitchen, living, and dining room.
Gas heating and electric AC. Water heater is Gas
Vacant – Potential rental income: $1,150/month
Unit B:
Downstairs apartment in the back 580 sq ft
1 bedroom, 1 bathroom
Kitchen and living room
Central AC and heating (all-electric)
Vacant – Previous tenant (April 2023–October 2024) rented for $900/month
Unit C: Upstairs apartment in the back 580 sq ft
1 bedroom, 1 bathroom, Kitchen and living room, central AC and heating (all-electric)
Occupied – Rented since March 2024 for $850/month
Location
State TX
County Harris
Area East End Revitalized
Interior
Heating Central Electric,Central Gas
Cooling Central Electric
Exterior
Utilities Available Electric,Gas,Water
Roof Type Composition
Building
Story 1
New Construction No
Schools
Elementary Schools De Zavala Elementary School (Houston)
Middle Schools Edison Middle School
High Schools Austin High School (Houston)
School District 27 - Houston
Others
Acceptable Financing Cash Sale,Conventional,FHA,Investor,Owner Financing
Listing Terms Cash Sale,Conventional,FHA,Investor,Owner Financing
Special Listing Condition Sellers Disclosure