Active

306 E 40th 1/2 Street

Houston, TX 77018

$674,900 $2,845/Mo

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Overview

Bed

Bath

2,084

Sqft

0.11

Acre(Lot)

Description

Welcome to 306 E 40th 1/2 St. a terrific triplex in the bustling neighborhood of Independence Heights. The gated property was recently taken down to the studs in 2024, the 3 unit complex is completely renovated and fully leased out generating over $50,000 in annual rental revenue with longterm tenants! Each unit features 2 bedrooms/1 bath with an open concept floor plan and in unit washer/dryer. The beautiful residences are finished with stainless steel appliances, shaker style cabinets, quartz countertops, LVP flooring, and designer tiles. Conveniently located just minutes from the Heights and Downtown with easy access to major highways 610, 45, and 59. This property is a great investment and won't last long!

Property Details

Property Type : Residential Income

Price : $674,900

AD Id : 77867417

MLS Id : 10146220

Beds : 2

Lot Size : 0.11 Acre

Living Area Size : 2,084

Year Built : 1965

County : Harris

Subdivision: Willadale

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 2

Bathroom Information

Total Baths: 1 Full Baths: 1
Flooring Information

Tile, Vinyl
Roofing Information

Composition
Interior Features

Smart Thermostat Roof: Composition Appliances: Range, Disposal, Microwave, Refrigerator Window Features: Low Emissivity Windows
Heating & Cooling

Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Electric

Building Information

Year Built: 1965 Building Area Total: 2084 Construction Materials: Cement Siding Stories: 1 Private Pool: No

Lot Information

Main Square Feet: 0.1149 Acres Lot Size Acres: 0.1149 Lot Size Square Feet: 5005

Property Information

Subdivision: Willadale Source Property Type: Residential Income Property SubType: Multi Family Direction Faces: North Property Age: 61

Listing Price Information

Listing Price: $674900 Original Price: $699900 Cash, Conventional

Tax Information

Parcel Number: 0620540210003 Tax Legal Desc: LT 3 BLK 21 WILLADALE SEC 3

Parking Information

Paved, Electric Gate, Gated

School Information

Elementary School: Burrus Elementary School

Junior High School: Williams Middle School

Senior High School: Washington High School
Utility Information

Cable Connected, Water Connected
Location Information

Direction: Heading north on Main from 610, make a left on 40th 1/2 street and property will be on the left

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
408 E 34th Street, Houston, TX, 77018	$575,000	2	2	2,366	2,366 SqFt
110 E 44th Street, Houston, TX, 77018	$350,000	6	3	729	729 SqFt
4209 Allston Street, Houston, TX, 77018	$525,000	--	--	2,570	2,570 SqFt
4423 Yale Street, Houston, TX, 77018	$625,000	--	--	1,222	1,222 SqFt

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ByOwner last updated this listing 06/05/2026 @ 23:54

MLS: 10146220 LISTED BY: Andrew Lin, Nan & Company Properties - Corporate Office (Heights) 713-714-6454 SOURCE: Houston Association of REALTORS