About 1849 W Main Street 15
Well-maintained 15-unit apartment complex on a valuable corner lot in a rapidly improving neighborhood, offering strong current income and long-term upside. The property includes two 4-plex buildings (1940) and a 7-unit garden-style building (1962), with a total of 10,800 SF and an average of 720 SF per unit. Amenities include on-site laundry, three garage units, two storage rooms, and ample parking. All units feature central AC; the front buildings have been repiped with PEX plumbing and individual shut-offs. Recent improvements include new roofs (2020), electrical upgrades (2021), resurfaced parking lot (2021), multiple HVAC replacements, new commercial laundry units, updated kitchens in two units, and several new water heaters. Certificate of Occupancy was renewed in 2021. With over $100K in recent capital improvements, steady tenant demand, and prime location, this turnkey investment provides immediate cash flow and future growth potential.
Features of 1849 W Main Street 15
| MLS® # | 70116432 |
|---|---|
| Price | $2,640,000 |
| Square Footage | 10,100 |
| Square Footage | 12500 |
| Acres | 0.29 |
| Year Built | 1940 |
| Type | Residential Income |
| Sub-Type | Multi Family,5 Plus |
| Status | Active |
Community Information
| Address | 1849 W Main Street 15 |
|---|---|
| Area | 16 |
| Subdivision | Montlew Place |
| City | Houston |
| County | Harris |
| State | TX |
| Zip Code | 77098 |
Amenities
| Utilities | Electric, Natural Gas Connected, Water Connected |
|---|---|
| Parking | Auto Garage Door Opener, Carport, Garage, Less than One |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Refrigerator |
|---|---|
| Heating | Natural Gas |
| Cooling | Ceiling Fan(s), Electric |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Subdivision Lot |
|---|---|
| Roof | Composition |
| Construction | Brick, Wood Siding |
School Information
| District | 27 - Houston |
|---|---|
| Elementary | Poe Elementary School |
| Middle | Lanier Middle School |
| High | Lamar High School (Houston) |
Additional Information
| Days on Website | 12 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Boulevard Realty |
|---|