1107 E 40TH 1/2 STREET, HOUSTON, TX 77022
Homes for sale in Houston.
Homes for sale in 77022.
1107 E 40th 1/2 Street
Houston, TX 77022
List Price$275,000
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
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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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