1414 East Ave - Apartments FOR SALE


Katy, TX 77493- Bear Creek/Copperfield
$650,000 USD
713-203-7241
1414 East Ave, Katy, TX for Sale
$650,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate


HIGHLIGHTS

  • Excellent location
  • Current month-to-month leases provide flexibility
  • Individually metered

OVERVIEW

Incredible investment opportunity in the heart of Old Towne Katy! Zoned commercial, this unique fourplex offers immediate income and long-term flexibility. Featuring four 2-bed, 1-bath units—originally office spaces—this property is ideal for small businesses, professional suites, or continued residential use. With 3,456 sq ft on a 10,019 sq ft lot, it's 75% occupied on month-to-month leases at $1,450 per unit. Each unit has separate water and electric meters. Includes paved parking and is located in a high-visibility area near I-10, zoned to top-rated Katy ISD schools. The only available fourplex in this historic area. One unit may be shown initially; others can be seen with an accepted contract and proof of funds or pre-approval.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Old Town Katy Quadplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

-

APN/PARCEL ID

0220380000039

ASK ABOUT THIS PROPERTY

Nancy WareColdwell Banker RealtyMore Info
713-203-7241

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Nancy WareColdwell Banker RealtyMore Info
713-203-7241

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.