$1,490,000
 $8,460 est/mo Sourced by Back At You

1421 Marshall Street, Houston Tx 77006,Houston, TX 77006

Houston, TX 77006

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Description

Rare investment opportunity in the heart of desirable Montrose! A fully upgraded 12-unit studio apartment building located at 1421 Marshall Street, nestled in one of Houston's most vibrant and walkable neighborhoods. This classic Montrose property features modern finishes throughout, strong rental demand, and an 80% occupancy rate, providing immediate cash flow with upside potential. Each unit has been thoughtfully remodeled with contemporary touches new stainless steel appliances, modern vinyl plank flooring, efficient A/C systems, and quality fixtures - making them highly appealing to today's renters. The gated building offers secure access and is just steps from some of Montrose's best dining, nightlife, boutiques, art galleries, and transit options. This turnkey asset is ideal for investors seeking stable occupancy, value-add potential, and ownership in a premier inner-loop neighborhood.

Details

MLS #11657272
Listing TypeFor Lease
StatusActive
Year1940
Days On Site11
Listing Provided ByLPT Realty, LLC | Klodian Hoxha

Features

SQ Feet4,592
Story(s)2
Acreage0.14

Taxes

Property22622

Area Information

StateTX
CountyHarris
CityHouston
Zip Code77006
Area16
SubareaMontrose
Community NameMontrose
School District27 - Houston
Elementary SchoolBaker Montessori School
High School27 - Houston
Listing VS Median (in Montrose)
Price:
$1,490,000
low | high
Med:
$1,955
100% of Average
sqft:
4,592
low | high
Med:
1,236
100% of Average
$ / sqft:
$324
low | high
Med:
$2
100% of Average
On site:
11
low | high
Med:
27
40.740740740741% of Average
Sourced by Back At You

Market Activity 77006

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Learn More About This Property

StateTX
CountyHarris
CityHouston
Zip Code77006
Area16
SubareaMontrose
Community NameMontrose
School District27 - Houston
Elementary SchoolBaker Montessori School
High School27 - Houston
Listing VS Median (in Montrose)
Price:
$1,490,000
low | high
Med:
$1,955
100% of Average
sqft:
4,592
low | high
Med:
1,236
100% of Average
$ / sqft:
$324
low | high
Med:
$2
100% of Average
On site:
11
low | high
Med:
27
40.740740740741% of Average
Sourced by Back At You
Listing Updated: October 31, 2026 at 11:50:43 AM PDT