7431 Avenue L
Houston, TX 77011
782 sqft | 2 beds | 1 bath | 0.11 acres | #77513935
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
Currently rented to section 8 tenant: $1,463/month
Unit B:
Downstairs apartment in the back 580 sq ft
1 bedroom, 1 bathroom
Kitchen and living room
Window AC/Heat unit electric
Vacant – Current market rent is $1,000/month
Unit C: Upstairs apartment in the back 580 sq ft
1 bedroom, 1 bathroom, Kitchen and living. Window AC/Heat unit electric.
Occupied – Rented since March 2024 for $850/month
Property Details
- Utility FeaturesElectric, Natural Gas Connected, Water Connected
- Elementary SchoolDE ZAVALA ELEMENTARY SCHOOL (HOUSTON)
- High SchoolAUSTIN HIGH SCHOOL (HOUSTON)
- Middle SchoolEdison Middle School
- Property SubtypeMulti Family, Triplex
- SubdivisionMagnolia Park
- Property TypeMulti-Family
- School District27 - Houston
- MLS #77513935
- MLS #77513935
- Acres0.1148
- CountyHarris
- Taxes Annual$3,262
- Cost259000
- Year Built1930
- Square Feet782
- Bedrooms2
- Bathrooms1
- Full Baths1
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: Gerardo Valdez (#VALDEZG)
Listing Office: REALM Real Estate Professionals - North Houston (#RELM02)
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.
