$730,000

3224 Mcgowen Street, Houston, TX 77004

  • 1 bed |
  • 1 bath |
  • 3,080 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon10,001sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $237/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

INCOME PRODUCING WHILE YOU BUILD ?? Collecting cashflow in the front while you build 2 townhouses in the back with 5000 sf lot. Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston’s highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location.Five units are currently tenant-occupied with one unit available for lease—providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax rate and high rental demand make this a solid investment opportunity. Drive-by only for occupied units. Please do not disturb tenants.

Listing Status:
Active
Date Added:
June 11, 2026
Data Last Updated:
July 6, 2026 at 6:06PM
Listing Office:
eXp Realty LLC : 888-519-7431
Listing Agent:
Thao Nguyen : 1+346-226-6699
MLS ID:
74938557
  • Appliances: Refrigerator
  • Flooring: LaminateTile
  • A/C: Ceiling Fan(s)Window Unit(s)
  • Heating: Natural Gas
  • Roofing: Composition
  • General: Wood Siding1
  • Originating MLS: Houston Association of Realtors
  • School District: 27 - Houston
  • County: Harris
  • Zoning: LTS 4 & 5 BLK 23 WILSON WM A0372330000004
  • Utilities: Cable ConnectedElectricNatural Gas ConnectedWater Connected
  • Source: Houston Association of Realtors

This listing courtesy of Thao Nguyen , eXp Realty LLC

Monthly Payment

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

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Location

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