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$1,099,000
2 Beds ⋅ 1 Baths ⋅ 31819841 MLS ⋅ ACTIVE Status
Green River Gardens is a recently refurbished multifamily community originally built in 1965, offering 12 fully occupied units across three buildings on approximately one acre. The property features a desirable mix of one- and two-bedroom units, providing immediate rental income and an established tenant base. Approximately half an acre of excess land provides significant future development potential, with the opportunity to add approximately 14–21 additional apartment units, subject to zoning, permitting, and applicable approvals. With recent renovations, full occupancy, and room for expansion, Green River Gardens offers an attractive combination of immediate cash flow and long-term growth potential. Investors can benefit from an established income-producing asset while unlocking additional value through future development. Key Highlights: 12 occupied units • 3 buildings • 1-acre site • 0.5 acre excess land • Recently refurbished

9211 N Green River Dr Unit 12, Houston
$139,000
3 Beds ⋅ 1 Baths ⋅ 66285219 MLS ⋅ ACTIVE Status
Located in the Green Rivers Subdivision, this 1965 gem boasts 3 bedrooms, 1 bath, and 912sqft of living space. Ready for a transformation, 8310 Sultan offers a rare chance for a new build or rental investment opportunity. With no hoa fees and close proximity to Texas Medical Center and Rice University, this property is priced to sell. Embrace the opportunity to revitalize history or create something entirely new.

8310 Sultan Dr, Houston