4207 Drake ST Active 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 West University/Southside Area
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
Story 2
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