3224 Mcgowen Street
Houston, TX 77004
6
Bed
6
Bath
3,080Sqft
0.23Acre(Lot)
INCOME PRODUCING WHILE YOU BUILD?? Collecting cash flow 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. All 6 units are currently tenant-occupied, 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 rate and high rental demand make
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 6 Full Baths: 6 -
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: $695000 Cash, Conventional
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Tax Information
Parcel Number: 0372330000004 Tax Year: 2025 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 -
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 | 0.19 Acre |
| 3900 Tuam Street, Houston, TX, 77004 | $259,900 | 4 | 2 | 770 | 0.07 Acre |
| 2410 Milby Street, Houston, TX, 77004 | $269,900 | 4 | 2 | 1,600 | 0.04 Acre |
| 2601 Lucinda Street, Houston, TX, 77004 | $447,000 | -- | -- | 2,340 | 0.11 Acre |
| 3609 Beulah Street #AB, Houston, TX, 77004 | $850,000 | 4 | 4 | 4,400 | 0.11 Acre |
| 3437 Dennis Street, Houston, TX, 77004 | $796,000 | -- | -- | 3,240 | 0.09 Acre |
| 2401 & 2407 Sampson Str.., Houston, TX, 77004 | $899,000 | -- | -- | 4,896 | 0.11 Acre |
| 3204 Napoleon Street, Houston, TX, 77004 | $238,500 | 2 | 2 | 1,040 | 0.08 Acre |
| 3405 Drew Street #4, Houston, TX, 77004 | $430,000 | 2 | 1 | 3,120 | 0.11 Acre |
| 3448 Elgin Street, Houston, TX, 77004 | $1,499,995 | 1 | 1 | 7,200 | 0.18 Acre |
Similar Multifamily To 3224 Mcgowen Street
Nearby For Sale
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ByOwner last updated this listing 09/22/2026 @ 18:59
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