125Days on Market

4view

$799,900

6608 Avenue O, Houston, TX, 77011

On Market

Commercial

3 Beds

1 Bath

4,430 Sq Ft

Multi Family

$180.56 / sqft

Built in 1930

Highlights

Interior

Bedrooms 3

Bathrooms Full 4

Heating

AppliancesRange, ENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher, Refrigerator

FlooringLaminate

Exterior

Lot Size10,920 sqft

Building Information

Year Built1930

Stories2

Land Information

APN0390700000050

Lot NumberJ-M

SubdivisionCentral Park

Land UseResidential

Legal DescriptionLTS J K L & M BLK 135 CENTRAL PARK

Census Tract311001

Assessed Land Value$143,280

Assessed Improvement Value$173,353

Assessment Year2025

About this property

Rare investment opportunity in the heart of Houston! This turnkey 5-unit multifamily property sits on a spacious 10,920 sqft lot and has been extensively renovated from the ground up. Property Highlights: Unit Mix: Four oversized 3-bed, 1-bath units and one fully updated 1-bed, 1-bath efficiency. Major CapEx Completed: Brand new roof, foundation, plumbing, electrical, and HVAC systems. Utility Setup: Separate electric meters; master water meter with individual sub-meters for easy billing. Parking: Newly paved lot featuring 2 assigned spots per unit, plus ample additional parking on the front and side. Stability: 100% occupied with all units under 12-month lease agreements. With 4,430 sqft of pristine living space, this property offers a low-maintenance, high-yield addition to any portfolio. Move-in ready for tenants and "set-it-and-forget-it" ready for the savvy investor. Schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance

$789,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,799 /month

Positive

Cash Flow Estimate:

$1,600 /month

Interested in this property?

Antonio Rodriguez

Keller Williams Houston Central

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$852/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,277

$316,633

2025

$143,280

$173,353

$316,633

Tax History

Year

Tax Paid

Assessed Value

2024

$6,277

$316,633

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$792,000

100%

$0/mo

Learn About the Market: Opportunity in Houston

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Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

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