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3224 McGowen St, Houston, TX, 77004

1beds
1baths
3,080sqft
$760,000
$247price/sqft
$6,078/moest. monthly cost
$243,120/yrincome needed

About This Home

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. Showings available for the vacant unit at 2603 Nettleton St. Please do not disturb tenants.

Getting Around

65
WalkingSomewhat Walkable
53
TransitGood Transit
77
BikeVery Bikeable

Schools

5/10
4/10
Cullen Middle SchoolGrades 6-83.0 mi
5/10
Yates High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1938

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Laminate,Tile

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 3,080
  • Total interior livable area: 3,080 sqft

Property

Details

  • Parcel number: 0372330000004

Features

  • Stories: 1

Lot

  • Lot size: 10,001 sqft
  • Features: Subdivided,Near Public Transit