1107 E 40TH 1/2 STREET, HOUSTON, TX 77022

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1107 E 40th 1/2 Street

Houston, TX 77022

Active

List Price$275,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #57615237

4

Bedrooms

2 full

Bathrooms

1,444

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

FULLY OCCUPIED DUPLEX in rapidly appreciating Independence Heights! Located directly off 610 & 45, this turnkey bungalow-style multifamily property features two 2BR/1BA units with different floorpans art 722 sqft each unit. One unit is tenant-occupied through September 2026 and right side thru January 2027, offering immediate income; $29,400 gross annual rent combined. Excellent layouts, durable finishes, separate entrances both in front with complete with separate driveways. High rental comps in the area for long-term hold, STR, value-add, or development project. Rare multifamily option in a hot neighborhood undergoing major redevelopment--secure this income-producing asset today.

Property Features

Location Information

County

Harris

Longitude

-95.385459

MLS Area

Northwest Houston

Subdivision

Whitney Place Sec 02

Latitude

29.823259

Directions

From 610W take exit 18 toward Irvington Blvd/Fulton St. In just under a mile, turn right on Fulton St. In half a mile turn left on Stokes St. In half a mile turn left onto Airline Dr and turn right to stay on Airline Dr. In just under half a mile, turn left onto E 40th 1/2 St. Home (1107) will be on your right.

Interior Features

Total Number of Units

2

Exterior Features

Stories

1

Lot Size in Acres

0

Is New Construction

No

Lot Size in Sq. Ft.

5,928

Construction

Wood Siding

Is One Story

Yes

Acre Range

0 Up To 1/4 Acre

School

School District

Houston

Middle School

WILLIAMS MIDDLE SCHOOL

Elementary School

BURRUS ELEMENTARY SCHOOL

High School

WASHINGTON HIGH SCHOOL

Additional Information

Property Type

RI

Year Built

1948

Property SubType

Duplex

Status

Active

Similar Listings

Mortgage Calculator

$1,283

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$990

Monthly Tax

$229

Monthly Insurance

$64

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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