911 Michigan Street 8,Houston, TX 77587
Houston, TX 77587
Description
Exceptional opportunity to acquire an extensively renovated 11-unit apartment community in the heart of South Houston. The current owner has already invested significant time and capital into major exterior renovations, roof improvements, and HVAC upgrades-allowing the next investor to step into a substantially improved, income-producing asset with limited immediate capital needs. The clearest remaining value-add opportunity is straightforward: increase current rents to market levels. The property offers stable occupancy, strong in-place income, relatively low operating expenses, dedicated parking, efficient utilities, and an attractive courtyard-style layout on a 0.33-acre corner lot. Conveniently located near Downtown Houston, Hobby Airport, SH-225, I-45, major employers, medical centers, and industrial corridors, 911 Michigan St benefits from consistent rental demand and long-term growth potential. The hard work is complete-this turnkey asset is ready for its next investor.
Details
| MLS # | 83270503 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 79 |
| Listing Provided By | Keller Williams Summit | Florencio Villalpando |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 7,060 |
| Story(s) | 2 |
| Units | 11 |
| Acreage | 14200.00 |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Garage |
Taxes
| Tax Annual Amount | 15681 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77587 |
| Area | 6 |
| Subarea | South Houston |
| Community Name | South Houston |
| Listing VS Median (in South Houston) | |
Price: $895,000 low | high Med: $199,700 sqft: 7,060 low | high Med: 1,455 $ / sqft: $127 low | high Med: $143 On site: 79 low | high Med: 171.5 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77587 |
| Area | 6 |
| Subarea | South Houston |
| Community Name | South Houston |
| Listing VS Median (in South Houston) | |
Price: $895,000 low | high Med: $199,700 sqft: 7,060 low | high Med: 1,455 $ / sqft: $127 low | high Med: $143 On site: 79 low | high Med: 171.5 | |