1421 Marshall St, Houston, TX 77006

$1,490,000
4,592
SqFt

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List Price
$1,490,000
Status
ACTIVE
MLS#
11657272
Days on Market
161
Year Built
1940
Living Area
4,592
Lot Size
5,950
Lot Size Source
Appraiser
Subdivision
Montrose
Region
16
Market Area
Montrose
County
Harris

Property Description

Rare investment opportunity in the heart of desirable Montrose! A fully upgraded 12-unit studio apartment building located at 1421 Marshall Street, nestled in one of Houston’s most vibrant and walkable neighborhoods. This classic Montrose property features modern finishes throughout, strong rental demand, and an 80% occupancy rate, providing immediate cash flow with upside potential. Each unit has been thoughtfully remodeled with contemporary touches new stainless steel appliances, modern vinyl plank flooring, efficient A/C systems, and quality fixtures — making them highly appealing to today’s renters. The gated building offers secure access and is just steps from some of Montrose’s best dining, nightlife, boutiques, art galleries, and transit options. This turnkey asset is ideal for investors seeking stable occupancy, value-add potential, and ownership in a premier inner-loop neighborhood.

Additional Information

Taxes
$22,622
Neighborhood
Montrose
Heating
Central, Electric
Cooling
Central Air, Electric
Stories
2
Roof
Other
School District
Houston
Elementary School
Baker Montessori School
Middle School
Lanier Middle School
High School
Lamar High School (Houston)

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Calculator source: Real Geeks

Listing courtesy of LPT Realty, LLC.