1502 Lee Street #5
Houston, TX 77009
4
Bed
2
Bath
5,000Sqft
0.23Acre(Lot)
Exceptional Investment Opportunity! Rare opportunity to own a 10,000 SF corner lot minutes from Downtown Houston in one of the city’s hottest redevelopment areas. Property features two separate structures including a triplex and a single family home, creating multiple income producing opportunities. The single family home offers potential for duplex conversion with an upstairs kitchen and separate exterior access already in place. Fully gated with ample parking, storage building, and large yard. Ideal for a rehab project, rental portfolio, new construction, duplexes, townhomes, multifamily development, or a custom residence. Surrounded by new construction and rapidly rising property values. No HOA. Sold as is. Opportunities like this are becoming harder to find as the area continues to gro
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2 -
Flooring Information
Tile, Wood -
Roofing Information
Composition -
Interior Features
Granite Counters Roof: Composition -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s), Electric
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Building Information
Year Built: 1930 Building Area Total: 5000 Construction Materials: Vinyl Siding, Wood Siding, Blown-In Insulation Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.2296 Acres Lot Size Acres: 0.2296 Lot Size Square Feet: 10000Property Information
Subdivision: Little & Dickinson Source Property Type: Residential Income Postal Code Plus 4: 8230 Property SubType: Multi Family Property Age: 96
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Listing Price Information
Listing Price: $498000 Cash, Conventional, Owner Will Carry
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Tax Information
Parcel Number: 0230110000005 Tax Year: 2025 Annual Tax: $12448 Tax Legal Desc: LTS 5 & 6 BLK 32 LITTLE & DICKINSON
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School Information
Elementary School: Sherman Elementary SchoolJunior High School: Marshall Middle School (Houston)Senior High School: Northside High School -
Utility Information
Natural Gas Connected, Water Connected -
Location Information
Direction: From I-69/US-59, exit Collingsworth St, head west to Hardy St, turn south on Hardy St, then west on Lee St. Property is on the left at 1502 Lee St.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5405 Elysian Street, Houston, TX, 77009 | $169,999 | 2 | 1 | 1,944 | 0.11 Acre |
| 3204 Hardy Street, Houston, TX, 77009 | $1,100,000 | 3 | 1 | -- | 0.46 Acre |
| 5215 Hardy Street, Houston, TX, 77009 | $500,000 | 7 | 4 | 1,140 | 0.26 Acre |
| 1524 Halpern Street #4, Houston, TX, 77009 | $550,000 | 2 | 1 | 2,976 | 0.11 Acre |
| 1504 Luzon Street, Houston, TX, 77009 | $325,000 | 2 | 1 | 1,880 | 0.11 Acre |
| 1502 Lee Street #5, Houston, TX, 77009 | $499,000 | 4 | 2 | 4,900 | 0.23 Acre |
| 2305 Terry Street, Houston, TX, 77009 | $325,000 | 22 | 4 | 1,570 | 0.11 Acre |
| 1414 Campbell Street, Houston, TX, 77009 | $599,000 | 3 | 1 | 7,343 | 0.23 Acre |
| 4018 Gano Street, Houston, TX, 77009 | $500,000 | 4 | 1 | 2,096 | 0.11 Acre |
| 4202 Gano Street, Houston, TX, 77009 | $220,000 | 2 | 1 | 720 | 0.06 Acre |
Similar Multifamily To 1502 Lee Street #5
Nearby For Sale
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ByOwner last updated this listing 09/06/2026 @ 17:07
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