1426 Telephone Rd - Apartments FOR SALE


Houston, TX 77023- Eastwood
$760,000 USD
713-885-1292
1426 Telephone Rd, Houston, TX for Sale
$760,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

1426 Telephone Rd
Houston, TX 77023
Eastwood


HIGHLIGHTS

  • Invest in a prime Houston location offering 11 boutique multifamily units with high-end finishes in an easily accessible complex.
  • Ideally situated just five minutes to The University of Houston.
  • Conveniently located minutes from EADO, Downtown Houston, and The East End for seamless connections to area hot spots.
  • Surrounded by several new residential and commercial developments in the immediate area, supporting significant area growth.

OVERVIEW

SELLER FINANCING AVAILABLE! Located just 5 minutes from the University of Houston, 1426 Telephone Road offers a solid opportunity to acquire an updated, all-bills-paid 11-unit multifamily property in a rapidly growing area of Houston. The property has been recently renovated and features quartz and granite countertops, modern kitchens, and marble-accented bathrooms. It includes a mix of five one-bedroom/one-bath units, four studio units, and two two-bedroom/one-bath units. Rent includes all utilities—water, gas, electricity, and city garbage collection—making it attractive to tenants. Positioned near EaDo, Downtown Houston, the East End, University of Houston, and the East River Project, the property benefits from strong rental demand and continued development in the surrounding area. It's also located within a designated Opportunity Zone, offering potential tax advantages for investors. All bills paid. Section 8 accepted. ITIN applicants welcome. Hablamos Español – ¡Llámenos hoy!

FOR SALE DETAILS

PRICE

$760,000 USD

PRICE/SF

$224 USD /SF

# OF UNITS

11

PRICE/UNIT

$69,091

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11 Units - SELLER FINANCING AVAILABLE!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,000 SF

ZONING

-

APN/PARCEL ID

0542370000007

ASK ABOUT THIS PROPERTY

Federico MedinaSanmore InvestmentsMore Info
713-885-1292

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Federico MedinaSanmore InvestmentsMore Info
713-885-1292

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