$500,000
Multi Family In Houston
- 8 Beds
- 4 Baths
- 3,672 Sqft
- 40,002 Sqft lot
- Updated: July 13
-
2
Views for last 30 days
- Source: Houston Association of REALTORS MLS#82753729
About the Property
INSTANT EQUITY! Priced significantly below market value being sold AS IS rental ready. A great investment property located near Hobby Airport which includes a total of three homes. Main home consists of 5 bedrooms and 2 bathrooms with a total of 2172 sq ft. Current rent income for the main home is $2,775 per month. Second home is a 2bed/1bath with a loft approximately 800 sq ft. Rental income for
INSTANT EQUITY! Priced significantly below market value being sold AS IS rental ready. A great investment property located near Hobby Airport which includes a total of three homes. Main home consists of 5 bedrooms and 2 bathrooms with a total of 2172 sq ft. Current rent income for the main home is $2,775 per month. Second home is a 2bed/1bath with a loft approximately 800 sq ft. Rental income for the second unit is $1100. Third home a 1bed/1bath approximately 700 sq ft. Rental income for the third unit is $1,150. Homes sit right under 1 acre (40,000 sq ft). Property may also be used as commercial and there are NO RESTRICTIONS. There is much more room on the property to BUILD MORE UNITS for long-term rental or for Airbnb or even RV hook-ups. All units are fully occupied. Please do not disturb tenants.
-
Property type
Other
-
Floors
2
-
Year built
1932
-
Price/sqft
$136
Features
Explore the Area
7338 Fauna Street, Houston, Texas, United States
View on Google Maps
Price per sqft
Low
High
Joined 9 months ago
You have inquired about this property
The agent will contact you soon by
Listed by
3
Listings
2025
Joined
Book home tour with the agent
Choose a date and whether you'd like a virtual or in-person tour with the agent.
Preferred date
Tour type
Last updated
July 13
First listed
Jun 15
Listing reference
82753729
Listing status
Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Trusted by the World's Leading Brokers
The agents behind the world's most exceptional properties list with JamesEdition.
- Listings from Sotheby's, Christie's, BARNES, and Engel & Völkers
- Every listing reviewed before it goes live
- Connect directly with verified listing agents
By continuing you agree to our Terms and Privacy Policy.
brokerages we
partnered with
partnered with