3224 Mcgowen Street
Houston, TX 77004
1
Bed
1
Bath
3,080Sqft
0.23Acre(Lot)
INCOME PRODUCING WHILE YOU BUILD ?? Collecting cashflow in the front while you build 2 townhouses in the back with 5000 sf lot. Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston’s highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location.Five units are currently tenant-occupied with one unit available for lease—providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 1 Full Baths: 1 -
Flooring Information
Laminate, Tile -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s), Window Unit(s)
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Building Information
Year Built: 1938 Building Area Total: 3080 Construction Materials: Wood Siding Stories: 1 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: Wilson Wm A Source Property Type: Residential Income Postal Code Plus 4: 2006 Property SubType: Multi Family Property Age: 88
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Listing Price Information
Listing Price: $730000 Original Price: $800000 Cash, Conventional
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Tax Information
Parcel Number: 0372330000004 Tax Year: 2025 Annual Tax: $10380 Tax Legal Desc: LTS 4 & 5 BLK 23 WILSON WM A
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School Information
Elementary School: Blackshear Elementary School (Houston)Junior High School: Cullen Middle School (Houston)Senior High School: Yates High School -
Utility Information
Cable Connected, Natural Gas Connected, Water Connected -
Location Information
Direction: Head east on Bellaire Blvd toward the West Loop, merge onto I-610 S, and continue toward I-69 N/US-59 N. Take the exit toward McGowen St/Tuam Ave, turn right onto McGowen St, and continue straight for approximately 1.5 miles. Your new investment will be on the left!
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3918 Anita Street, Houston, TX, 77004 | $675,000 | 2 | 1 | 3,500 | 3,500 SqFt |
| 3900 Tuam Street, Houston, TX, 77004 | $259,900 | 4 | 2 | 770 | 770 SqFt |
| 2410 Milby Street, Houston, TX, 77004 | $270,000 | 4 | 2 | 1,600 | 1,600 SqFt |
| 3721 Tuam Street #4, Houston, TX, 77004 | $390,000 | -- | -- | 2,668 | 2,668 SqFt |
| 2601 Lucinda Street, Houston, TX, 77004 | $450,000 | -- | -- | 2,340 | 2,340 SqFt |
| 3609 Beulah Street #AB, Houston, TX, 77004 | $900,000 | 4 | 4 | 4,400 | 4,400 SqFt |
| 2401 & 2407 Sampson Str.., Houston, TX, 77004 | $899,000 | -- | -- | 4,896 | 4,896 SqFt |
| 3405 Drew Street #4, Houston, TX, 77004 | $430,000 | 2 | 1 | 3,120 | 3,120 SqFt |
| 3508 Napoleon Street #A.., Houston, TX, 77004 | $1,300,000 | 3 | 3 | 5,544 | 5,544 SqFt |
| 3230 Bremond Street, Houston, TX, 77004 | $319,999 | 2 | 1 | 892 | 892 SqFt |
Similar Multifamily To 3224 Mcgowen Street
Nearby For Sale
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ByOwner last updated this listing 06/11/2026 @ 02:52
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