




4106 Delano St, Houston, TX, 77004
About This Home
Rare Multi-Family Investment Opportunity in Houston's Historic Third Ward – Two Adjacent Properties Sold Together! Text or call to schedule a viewing! Don't miss this exceptional opportunity to purchase 4106 Delano and the neighboring property at 2716 Cleburne as one income-producing multi-family investment in Houston's highly sought-after Third Ward. Together, the properties offer 6 rental units with a combined 10 bedrooms and 6 bathrooms, making them an outstanding opportunity for investors seeking strong rental demand in one of Houston's fastest-growing neighborhoods. The property at 4106 Delano is a 4-unit apartment building offering a total of 6 bedrooms and 4 bathrooms, while the adjacent property at 2716 Cleburne is a duplex featuring 2 units with a combined 4 bedrooms and 2 bathrooms. Located side by side, these properties provide a rare opportunity to acquire a larger multi-family asset in a single transaction. Just minutes from Texas Southern University, the University of Houston, Downtown Houston, the Texas Medical Center, Midtown, and EaDo, the properties are ideally positioned for student housing, workforce housing, or long-term rental investments. The Third Ward continues to experience strong redevelopment and sustained rental demand, making this an attractive opportunity for investors seeking both immediate rental income and long-term appreciation. Owner financing is available!
Getting Around
Schools
Construction
Condition
- Year built: 1970
Type & Style
- Home type: MultiFamily
Interior
Appliances
- Appliances included: Dryer,Garbage disposal,Range / Oven,Refrigerator,Washer
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Hardwood
Heating & Cooling
- Heating features: Forced air,Other
- Cooling features: Other
Interior Area
- Total interior livable area: 700 sqft
Property
Parking
- Parking features: Off-street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tornado
- Cold Wave
- Hurricane
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,803 | $57,636 |
| Home Insurance * | $720 | $8,640 |
| Property Taxes | $1,187 | $14,244 |
| Electricity | $238 | $2,859 |
| Total | $6,948 | $83,376 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Listed for sale | $950,000 |
| 2025-07-29 | Listing removed | $985 |
| 2025-06-06 | Listed for rent | $985 |
| 2025-05-23 | Listing removed | $985 |
| 2025-04-29 | Listed for rent | $985 |
| 2024-11-23 | Listing removed | $985 |
| 2024-11-20 | Listed for rent | $985 |
| 2024-11-12 | Listing removed | $985 |
| 2024-11-02 | Listed for rent | $985 |
| 2021-06-29 | Listing removed | -- |
| 2021-06-02 | Listed for rent | $850 |
