Income-Producing 4-Plex with Value-Add Potential – Prime Houston Location This half-renovated 4-plex offers the best of both worlds – two units are occupied by long-term tenants providing steady income, while two vacant unitshave undergone a FULL RENOVATION down to the stude! Each of the four 1BR/1BA units includes a private garage. Upgraded features include recessed lighting, waterproof vinyl plank flooring, modern walk-in showers, new appliances, and updated PEX plumbing/wiring. Situated on a 6,250 sq ft lot near UofH and Hobby Airport, the property’s no-HOA status makes it ideal for either maintaining the existing rental income or converting to higher-yield short-term rentals. With repairs already factored into the price, this turnkey opportunity combines immediate cash flow with clear upside potential through simple renovations and strategic rent increases – a smart play for investors seeking a low-risk asset in Houston’s competitive market. (PROPERTY STILL UNDER RENOVATION!!)
parkerspeer@speercompanies.com
