$750,000
 $4,258 est/mo Sourced by Back At You

801 & 803 66th St, Houston Tx 77011,Houston, TX 77011

Houston, TX 77011

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Description

7.7% IN-PLACE CAP RATE, $93,750/DOOR, 8-UNIT COMPLEX INSIDE THE 610 LOOP. Exceptional cash-flowing multi-family asset in Central Park / Magnolia Park (East End Revitalized). Composed of two separate two-story fourplex buildings totaling 4,368 SqFt. 100% occupied, generating $6,350/mo ($76,200/yr gross) with an actual in-place NOI of $57,741. Consists of eight identical 1-Bed/1-Bath units averaging ~$794/mo. Major capital expenditures already completed: recent replacement roof, replaced water main supply lines, and upgraded attic insulation. Separately metered electricity (tenant-paid). Water/sewer is owner paid, creating prime upside to implement RUBS or a flat utility fee to boost NOI. Minutes to Downtown Houston, EaDo, UH, and Port of Houston employment hubs. Do not disturb tenants; drive-by only until contract.

Details

MLS #28729462
Listing TypeFor Lease
StatusActive
Year1946
Days On Site11
Listing Provided ByColdwell Banker Ultimate | Amanda Badawy

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet4,368
Story(s)2
Units1
Acreage0.12

Area Information

StateTX
CountyHarris
CityHouston
Zip Code77011
Area4
SubareaEast End Revitalized
Community NameCentral Park Magnolia Park
School District27 - Houston
Elementary SchoolTijerina Elementary School
High School27 - Houston
Listing VS Median (in Central Park Magnolia Park)
Price:
$750,000
low | high
Med:
$510,000
82% of Average
sqft:
4,368
low | high
Med:
2,970
82.005494505495% of Average
$ / sqft:
$172
low | high
Med:
$172
49.984732824427% of Average
On site:
11
low | high
Med:
11
100% of Average
Sourced by Back At You

Market Activity 77011

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Learn More About This Property

StateTX
CountyHarris
CityHouston
Zip Code77011
Area4
SubareaEast End Revitalized
Community NameCentral Park Magnolia Park
School District27 - Houston
Elementary SchoolTijerina Elementary School
High School27 - Houston
Listing VS Median (in Central Park Magnolia Park)
Price:
$750,000
low | high
Med:
$510,000
82% of Average
sqft:
4,368
low | high
Med:
2,970
82.005494505495% of Average
$ / sqft:
$172
low | high
Med:
$172
49.984732824427% of Average
On site:
11
low | high
Med:
11
100% of Average
Sourced by Back At You
Listing Updated: October 29, 2026 at 8:51:31 AM PDT