1107 E 40th 1/2 Street
Houston, TX 77022
2
Bed
1
Bath
1,444Sqft
0.14Acre(Lot)
FULLY OCCUPIED DUPLEX in rapidly appreciating Independence Heights! Located directly off 610 & 45, this turnkey bungalow-style multifamily property features two 2BR/1BA units with different floorpans art 722 sqft each unit. One unit is tenant-occupied through September 2026 and right side thru January 2027, offering immediate income; $29,400 gross annual rent combined. Each side has separate meters and both tenants pay their own utilities. Excellent layouts, durable finishes, separate entrances both in front with complete with separate driveways. High rental comps in the area for long-term hold, STR, value-add, or development project. Rare multifamily option in a hot neighborhood undergoing major redevelopment—secure this income-producing asset today.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1 -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Range, Microwave, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Electric
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Building Information
Year Built: 1948 Building Area Total: 1444 Construction Materials: Wood Siding Stories: 1 Private Pool: No
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Lot Information
Main Square Feet: 0.1361 Acres Lot Size Acres: 0.1361 Lot Size Square Feet: 5928Property Information
Subdivision: Whitney Place Sec 02 Source Property Type: Residential Income Postal Code Plus 4: 4021 Property SubType: Multi Family Property Age: 78
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Listing Price Information
Listing Price: $255000
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Tax Information
Parcel Number: 0610560290006 Tax Year: 2025 Annual Tax: $6286 Tax Legal Desc: LT 6 BLK 29 WHITNEY PLACE SEC 2
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School Information
Elementary School: Burrus Elementary SchoolJunior High School: Williams Middle SchoolSenior High School: Washington High School -
Location Information
Direction: From 610W take exit 18 toward Irvington Blvd/Fulton St. In just under a mile, turn right on Fulton St. In half a mile turn left on Stokes St. In half a mile turn left onto Airline Dr and turn right to stay on Airline Dr. In just under half a mile, turn left onto E 40th 1/2 St. Home (1107) will be on your right.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1016 Apache Street, Houston, TX, 77022 | $269,900 | 2 | 2 | 1,272 | 1,272 SqFt |
| 909 Yorkshire St Street.., Houston, TX, 77022 | $799,999 | 16 | 8 | 5,312 | 5,312 SqFt |
| 726 Mcdaniel Street, Houston, TX, 77022 | $365,000 | 2 | 1 | 1,944 | 1,944 SqFt |
| 721 Doverside Street, Houston, TX, 77022 | $494,000 | 2 | 1 | 3,184 | 3,184 SqFt |
| 8010 Roswell Street, Houston, TX, 77022 | $319,000 | 2 | 1 | 1,320 | 1,320 SqFt |
| 220 Caplin Street, Houston, TX, 77022 | $925,000 | 3 | 2 | 3,168 | 3,168 SqFt |
| 246 Rebecca Street, Houston, TX, 77022 | $325,000 | 10 | 4 | 1,084 | 1,084 SqFt |
| 6712 Fulton Street, Houston, TX, 77022 | $320,000 | 2 | 1 | 1,940 | 1,940 SqFt |
| 1418 E 34th Street, Houston, TX, 77022 | $560,000 | 2 | 2 | 2,025 | 2,025 SqFt |
| 1321 E 35th Street, Houston, TX, 77022 | $525,000 | 3 | 2 | 1,204 | 1,204 SqFt |
Similar Multifamily To 1107 E 40th 1/2 Street
Nearby For Sale
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ByOwner last updated this listing 06/17/2026 @ 09:15
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