7431 Avenue L
Houston, TX 77011
1744 sqft | 2 beds | 1 bath | 0.11 acres | #29324385
Description
Excellent investment opportunity in the vibrant Magnolia Park neighborhood, being sold as is! This triplex offers strong income potential, ideal for investors or those looking to live in one unit while renting out the others. The property is conveniently located close to schools, a public park within walking distance, and easy access to major roads for seamless transit options.
The front unit is a comfortable 2-bedroom, 1-bath residence, while the back houses a 2-story duplex, each unit featuring 1 bedroom and 1 bath. Income Breakdown: The front unit is vacant and could bring in $1,300 per month. The second unit, recently vacated, was previously rented for $900/month, and the third unit has been occupied since March 2024 at $850/month. All including utilities, only 1 meter for the entire property.
Interior Details
- Bedrooms2
- Bathrooms1
- Full Baths1
Property Details
- Acres0.1148
- Square Feet1744
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1930
Community and Neighborhood Details
- SubdivisionMagnolia Park
Location
- Elementary SchoolDE ZAVALA ELEMENTARY SCHOOL (HOUSTON)
- High SchoolAUSTIN HIGH SCHOOL (HOUSTON)
- Middle SchoolEdison Middle School
- School District27 - Houston
- CountyHarris
Other
- MLS #29324385
Location
Legal
The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Houston Realtors Information Service, Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2022 Houston Association of REALTORS, Inc. All rights reserved.
Last Updated:Â . Source: HARMLS
Listing Courtesy
Listing Agent: Carolina Angel Gutierrez (#caroangel)
Listing Office: eXp Realty LLC (#EXPD01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.