Description
We are pleased to present a multi-family investment opportunity at 4831-4839 Gulf Fwy, Houston, TX. This property features 12 units across three 4-plexes with classic mid-1940s architecture. Located inside the 610 Loop near the University of Houston, the site offers convenient access to the Texas Medical Center, Hobby Airport, and downtown Houston within the evolving EADO and Eastwood neighborhoods. Property Details: - Unit Mix: (11) 1BR/1BA and (1) 2BR/1BA. - Layout: Each address includes a detached front duplex and rear garage apartments. - Parking/Storage: Each unit includes an assigned garage space or storage area. There are six individual 1-car garages located beneath the rear units. - Features: Hardwood floors throughout, separate gas and electric meters, and a shared water meter. - Condition: Two units were fully renovated following fire damage in 2024; other units have been prepared as "rent ready" as needed.
Details
| MLS # | 32204080 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Year | 1946 |
| Days On Site | 21 |
| Listing Provided By | Keller Williams Memorial | Elizabeth Kyser |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 11,249 |
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.43 |
Interior
| Heating | Electric |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Electric |
| Cooling Yes / No | Yes |
Exterior
| Roof | Composition |
|---|---|
| Lot Features | Other |
Location
| Har Restrictions | Deed Restrictions |
|---|
Taxes
| Tax Annual Amount | 6314 |
|---|---|
| Tax Year | 2025 |
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77023 |
| Area | 4 |
| Subarea | East End Revitalized |
| Community Name | Broadmoor |
| School District | 27 - Houston |
| Elementary School | Cage Elementary School |
| High School | 27 - Houston |
| Listing VS Median (in Broadmoor) | |
Price: $1,000,000 low | high Med: $150,850 sqft: 11,249 low | high Med: 1,452 $ / sqft: $89 low | high Med: $120 On site: 21 low | high Med: 21 | |
Market Activity 77023
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77023 |
| Area | 4 |
| Subarea | East End Revitalized |
| Community Name | Broadmoor |
| School District | 27 - Houston |
| Elementary School | Cage Elementary School |
| High School | 27 - Houston |
| Listing VS Median (in Broadmoor) | |
Price: $1,000,000 low | high Med: $150,850 sqft: 11,249 low | high Med: 1,452 $ / sqft: $89 low | high Med: $120 On site: 21 low | high Med: 21 | |