Address
27 Norwood Street, Houston, TX
Price
$ 375,000
Property Attributes
  • MLS#55140188
  • TypeMulti-Family
  • Listing Status Active
  • CountyHarris
  • CityHouston
  • Area4 East End Revitalized
  • NeighborhoodFullerton Place
  • Zip77011
  • Style
  • Year Built1935
  • Taxes$ 8356
  • Price$ 375,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2121
Data Source:
Houston Association of REALTORS® (HAR)
Property Description

5-unit Property in East Houston. This property was renovated in 2023 by previous owner. This property includes two buildings: Main House-2 bed / 1 bath leased at $1,200/mo plus $100 towards electricity & tenant takes care of yard maintenance. Back building includes 4 studio units - bottom 2 units leasing at $650 & top 2 units leasing at $775. Unit 4 just became available and will be listed for lease. Back building tenants pay $50/ea towards electricity and $20/ea towards trash. Whether you're looking to expand your portfolio or jump into multifamily investing, this one’s ready to go. Hard to beat the location, the condition, and the income. Seller is Priority Investor Loans LLC.

Elementary School Middle School High School
BURNET ELEMENTARY SCHOOL (HOUSTON) Elementary School NAVARRO MIDDLE SCHOOL (HOUSTON) Middle School AUSTIN HIGH SCHOOL (HOUSTON) High School
Price History
4/17/2026 Listed $434,000
6/5/2026 9$395,000
9/16/2026 5$375,000

General Features

Country US
Heating None
Cooling Window Unit(s)
Roof Composition
Appliances Disposal,Refrigerator
Construction Materials Cement Siding,Wood Siding
Year Built 1935
Stories Count 1
Levels One
Property Subtype Multi Family
Tax Year 2025
Gross Income 53160
County Harris
Net Operating Income 14724
Operating Expense 29136
New Construction false
Property Type Residential Income
Subdivision Name Fullerton Place
Full Baths 1
Status Active
Directions I-10 E towards Downtown, take exit towards Jensen Dr. At roundabout take 3rd exit onto Navigation Blvd, right on N Delano St. Left on Canal St, Right on Norwood St.
ModificationTimestamp 2026-09-24T17:39:22.840-00:00
High School AUSTIN HIGH SCHOOL (HOUSTON)
City Houston
Disclosures None
High School District 27 - Houston
Number Of Units Total 5
MLS Area 4
Lot Size Units Square Feet
Elementary School BURNET ELEMENTARY SCHOOL (HOUSTON)
Tax Annual Amount 8356
Middle/Junior High School NAVARRO MIDDLE SCHOOL (HOUSTON)
MLS Area Minor East End Revitalized
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District 27 - Houston
Elementary School District 27 - Houston
Year Built Source Public Records
PostalCity Houston
Legal Description LT 10 BLK 3 FULLERTON PLACE
AttributionContact 832-755-1231

Interior Features

Interior Amenities Quartz Counters
Flooring Laminate,Tile
Air Conditioning Y/N true
Heating Y/N false
Total Bedrooms 2
LivingAreaSource Appraiser
Total Baths 1

Exterior Features

Parking Features Electric Gate
Lot Features Other
Lot Size Area 6250
Building Area Total 2121
Other Parking One
Lot Size Source Appraiser

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 77011

Price
AVG $370K
$380K
Taxes
AVG $6,101
$8,356
Year Built
AVG 1946
1935