3224 Mcgowen St, Houston, TX 77004

$730,000
: 1
BD
: 1
BA
: 3,080
SqFt

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List Price: $730,000
Status: ACTIVE
MLS#: 74938557
Days on Market: 49
Year Built: 1938
Bedrooms: 1
Bathrooms: 1
Full-baths: 1
Living Area: 3,080
Lot Size: 10,000
Lot Size Source: Appraiser
Subdivision: Wilson Wm A
Region: 4
Market Area: University Area
County: Harris

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Property Description

INCOME PRODUCING WHILE YOU BUILD ?? Collecting cashflow in the front while you build 2 townhouses in the back with 5000 sf lot. Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston’s highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location.Five units are currently tenant-occupied with one unit available for lease—providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax rate and high rental demand make this a solid investment opportunity. Drive-by only for occupied units. Please do not disturb tenants.

281-451-0242

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Additional Information

Finance Available: Cash, Conventional, Investor Financing
Neighborhood: University Area
Interior Features: Ceiling Fans
Heating: Central, Natural Gas
Cooling: Window/Wall
Stories: 1
Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
Lot Description: Near Public Transit, Subdivision
Appliances: Refrigerator
Roof: Composition
School District: Houston
Elementary School: Blackshear Elementary School (Houston)
Middle School: Cullen Middle School (Houston)
High School: Yates High School