911 Michigan St Unit 8, Houston, TX 77587

$895,000
3
BD
2
BA
7,060
SqFt

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List Price
$895,000
Status
ACTIVE
MLS#
83270503
Days on Market
5
Unit
8
Year Built
1966
Bedrooms
3
Bathrooms
2
Full-baths
2
Living Area
7,060
Lot Size
14,200
Lot Size Source
Appraiser
Subdivision
South Houston
Region
6
Market Area
South Houston
County
Harris

Property 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.

Additional Information

Finance Available
Cash, Conventional, Owner May Carry
Taxes
$15,681
Neighborhood
South Houston
Heating
Central, Natural Gas
Cooling
Central Air, Electric
Stories
2
Utilities
Electricity Available, Natural Gas Available, Water Available
Roof
Other
School District
Pasadena
Elementary School
South Houston Elementary School
Middle School
Schneider Middle School
High School
South Houston High School

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Summit.