1421 MARSHALL STREET, HOUSTON, TX 77006

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Homes for sale in 77006.


1421 Marshall Street

Houston, TX 77006

Active

List Price$1,490,000

Listing #11657272

4,592

Square Feet

12

Number of Units

Multi-Unit Residential

Type

About This Property

Rare investment opportunity in the heart of desirable Montrose! A fully upgraded 12-unit studio apartment building located at 1421 Marshall Street, nestled in one of Houston's most vibrant and walkable neighborhoods. This classic Montrose property features modern finishes throughout, strong rental demand, and an 80% occupancy rate, providing immediate cash flow with upside potential. Each unit has been thoughtfully remodeled with contemporary touches new stainless steel appliances, modern vinyl plank flooring, efficient A/C systems, and quality fixtures -- making them highly appealing to today's renters. The gated building offers secure access and is just steps from some of Montrose's best dining, nightlife, boutiques, art galleries, and transit options. This turnkey asset is ideal for investors seeking stable occupancy, value-add potential, and ownership in a premier inner-loop neighborhood.

Property Features

Location Information

County

Harris

Longitude

-95.397018

MLS Area

Montrose

Subdivision

Montrose

Latitude

29.739234

Directions

From Downtown Houston, take I-10 East. Exit Waco Street and turn right onto Waco St. Turn left onto Navigation Blvd, then right onto Marshall Street. The property will be on your left. Unit #4 is located within the complex at 1421 Marshall Street.

Interior Features

Total Number of Units

12

Exterior Features

Stories

2

Lot Size in Sq. Ft.

5,950

Is New Construction

No

Is One Story

No

Lot Size in Acres

0

School

School District

Houston

Middle School

LANIER MIDDLE SCHOOL

Elementary School

BAKER MONTESSORI SCHOOL

High School

LAMAR HIGH SCHOOL (HOUSTON)

Additional Information

Property Type

RI

Year Built

1940

Property SubType

Multi Family

Status

Active

Similar Listings

Mortgage Calculator

$6,957

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,369

Monthly Tax

$1,241

Monthly Insurance

$347

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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