4207 Drake ST new Save Request In-Person Tour Request Virtual Tour
Houston,TX 77005
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,208 sqft
Price per Sqft $231
Subdivision College Court Place
MLS Listing ID 79626238
Bedrooms 2
Full Baths 1
Year Built 1966
Annual Tax Amount $16,713
Tax Year 2024
Property Sub-Type Multi Family
Property Description
Exceptional 6-unit property located in prestigious West University Place (77005). Situated in one of Houston's most exclusive neighborhoods, this asset boasts washer/dryer connections, central HVAC, copper wiring, and long-term tenants. The property has been well-maintained and offers a rare chance to own a multifamily in an A+ location. With surrounding new development and rents currently 25–30% below market, this is an excellent candidate for a buy-and-hold strategy or long-term redevelopment.
This property is being offered individually or as part of a 20-unit multifamily portfolio located in several of Houston's most desirable neighborhoods.
Location
State TX
County Harris
Area 17
Interior
Heating Central,Electric,Gas
Cooling Central Air,Electric
Flooring Carpet,Tile,Wood
Exterior
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Water Available
Roof Type Composition
Building
New Construction No
Schools
Elementary Schools West University Elementary School
Middle Schools Pershing Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA