$2,200,000

218 W 15th Street 15, Houston, TX 77008

  • 2 beds |
  • 1 bath |
  • 11,418 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $193/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

A rare dirt-value investment opportunity in the heart of Houston Heights. Located at 218 W 15th, this property sits on an A-tier block surrounded by high-end new construction and renovated homes, offering immediate upside for investors seeking location, walkability, and long-term appreciation. Loan is assumable at extremely attractive rate. The existing improvements provide multiple value-add pathways: renovate and reposition the current units for premium rental income or redevelop and maximize the site’s potential in one of Houston’s strongest-performing submarkets. At essentially land value pricing, investors secure a blue-chip Heights lot with built-in equity and flexible exit strategies. Hold, renovate, or rebuild — the numbers work every way. Opportunities like this, on a block this desirable, rarely come to market.

Listing Status:
Active
Date Added:
December 1, 2025 at 06:00AM
Listing Office:
All City Real Estate : 832-990-2699
Listing Agent:
David Gorham : 1+713-299-3589
MLS ID:
29943712
  • A/C: Electric
  • Heating: Natural Gas
  • Roofing: Tile
  • General: 2
  • Originating MLS: Houston Association of Realtors
  • School District: 27 - Houston
  • County: Harris
  • Zoning: LTS 22 23 & 24 BLK 155 HOUSTON HEIGHTS0201510000022
  • Source: Houston Association of Realtors

This listing courtesy of David Gorham, All City Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Love Elementary School

1120 W 13th St, Houston, TX, 77008

Grades EE-5

0.60 miles away

H

Hamilton Middle School

139 E 20th St, Houston, TX, 77008

Grades 6-8

0.49 miles away

R

Reagan High School

413 E 13th St, Houston, TX, 77008

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.