Excellent investment opportunity featuring two tenant-occupied single-family homes situated on an oversized approximately 11,000-square-foot lot with a shared tax account. The front home, 3810 Rawley Street, is leased at $1,299 per month through April 30, 2027, while the rear home, 1817 Worms Street, is leased at $1,400 per month through March 10, 2027—providing combined scheduled rental income of $2,699 per month. Both residences offer established tenancy and immediate cash flow, and new roofs installed in 2024. Electric and water are on shared meters, with tenants reimbursing the landlord for both utilities. The property also includes a vacant corner portion of the lot offering additional building or redevelopment potential. Conveniently located near major Houston thoroughfares with easy access to Downtown.
Features
5 bedrooms
2 bathrooms
1632 sq. ft. floor area
crop_free11000 sq. ft. lot size
cottageMulti-Family
Property history for 3810 Rawley Street
2023
Rented
Undisclosed
20 Oct 2023 by Goltex Realty Group
2022
Sold
Undisclosed
21 Nov 2022 by Cynthia Gomez, of Keller Williams Realty - Clear Lake/ NASA
2020
Rented
Undisclosed
09 Jun 2020 by Keller Williams Realty - Clear Lake/ NASA
Happy sellers in Houston
~%
We have insufficient information to provide an overview of customer satisfaction for Houston. Viewing the agent profiles, reviews and sales for Houston can provide insights for this location.
Local market activity for 5 bedroom multi families in Houston
Sold
For Sale
View the listing for inspection times, agent contact details, and more.