Address
5033 Polk Street, Unit 8 Houston, TX
Price
$ 950,000
Property Attributes
  • MLS#55487110
  • TypeMulti-Family
  • CountyHARRIS
  • CityHouston
  • Area4
  • NeighborhoodDor Ruth Court
  • Zip77023
  • StyleMulti-Family
  • Year Built1940
  • Taxes$ 9341
  • Price$ 950,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage5368
  • Lot Size8,524 SqFt
Listing Provided Courtesy Of:
Brombacher & Co.
Data Source:
Houston Association of Realtors (HAR) - 67 - TX
Property Description

Fantastic quiet East End location. Eight well-maintained one-bedroom units and 1000 sqft (per hcad) commercial building on hard corner. Each of the units with separate electric and gas meters. Perfect for stable cash flow with long term tenants or mix with short term Airbnb etc. Excellent value add opportunity to remodel and increase rents. Plenty of parking in between store/shop and 8plex. Highly desirable location with easy access to Metro light rail, Med Center, freeways, Dynamo, and only 2.5 miles to Discovery Green/downtown/Toyota Center. Plenty of new development nearby--Frank Liu's InTown Homes is building 40 patio homes near 4900 Rusk, Lovett is building Coog's Crossing at I-45 and Cullen, $35M 300,000 SF East End Maker Hub, etc. Brand new roof on 8plex (photos taken before the new roof was installed).

Elementary School Middle School High School
Cage Elementary School Navarro Middle School (Houston) Austin High School (Houston)
Price History
3/20/2021 Listed $950,000

General Features

Disclosures No Disclosures
Elementary School CAGE ELEMENTARY SCHOOL
Energy Ceiling Fans
Finance Available Cash Sale, Conventional, Investor, Other
Full Baths 1
Geo Market Area East End Revitalized
Heating Window Unit
High School AUSTIN HIGH SCHOOL (HOUSTON)
Middle School NAVARRO MIDDLE SCHOOL (HOUSTON)
Property Type Multi-Family
Restrictions None, Unknown
Roof Composition
School District 27 - Houston
Status Active
Stories 2
Sub Type 5 Plus
Tax Amount 9341
Tax Rate 2.5716
Unit Number 8
Year Built 1940

Interior Features

Cool System Window Units
Floors Tile
Range 1
Refrigerator 1
Subdivision Dor Ruth Court
Total Baths 1.00
Total Bedrooms 1
Unit Count 1
Unit Features Fenced Area

Exterior Features

Lot Description Corner, Other
Lot Size 8524
Parking Unit Two

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 77023

Price
AVG $580K
$950K
Taxes
AVG $7,850
$9,341
Visits
AVG 66
95
Year Built
AVG 1944
1940
Walkscore
AVG 67
72
Data Provided by Walkscore ® not using MLS data

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