6648 Avenue C - Apartments FOR SALE


Houston, TX 77011- Magnolia Park
$430,000 USD
713-459-2222
6648 Avenue C, Houston, TX for Sale
$430,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

6648 Avenue C
Houston, TX 77011
Magnolia Park


HIGHLIGHTS

  • Opportunity Zone #48201310900
  • Flood Zone X
  • 2,588 VPD (TxDOT, 2021) along 67th Street (Cesar Chavez Blvd.)
  • Easy access to Interstate 45, Interstate 10, and I-610 Loop, Interstate 59/69
  • In proximity to high frequency traffic routes and entertainment hubs
  • Excellent frontage visibility along 67th (Cesar Chavez) Street, Avenue C, and Avenue B

OVERVIEW

Discover an outstanding mixed-use investment opportunity in Houston’s thriving East End. This property offers unmatched visibility and accessibility with a total of 230 feet of frontage on three different streets, including a traffic count of 2,588 vehicles daily along 67th Street (Cesar Chavez Blvd) (Tx-DOT, 2021). Located in Opportunity Zone #48201310900, it presents significant tax advantages for investors while sitting in a neighborhood experiencing rapid growth and redevelopment. The site features three residential units alongside a small retail shop, making it ideal for a mixed-use developer or investor seeking both immediate rental income and long-term value. The flexible layout supports a variety of uses, from live/work configurations to multi-tenant leasing, or even future redevelopment into a larger residential or commercial project. Strategically positioned near major highways such as Interstate 45, Interstate 10, I-610 Loop, and Interstate 59/69, the property offers direct connectivity to Downtown Houston, the Port of Houston, and the Medical Center. This site is conveniently located only .1 miles from the Metro Rail and .4 miles from the Metro Bus, offering easy access to Houston’s public transportation system. This central location ensures strong demand and close proximity to high frequency traffic routes, entertainment hubs, and business districts.

FOR SALE DETAILS

PRICE

$430,000 USD

PRICE/SF

$129 USD /SF

# OF UNITS

4

PRICE/UNIT

$107,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,450 SF

ZONING

-

APN/PARCEL ID

0390090000001

ASK ABOUT THIS PROPERTY

Ernesto RamirezIndependence Real Estate, Inc.More Info
713-459-2222

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Ernesto RamirezIndependence Real Estate, Inc.More Info
713-459-2222

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