3938 King Street
Houston, TX 77026
2
Bed
1
Bath
6,300Sqft
Investor's Dream! Turnkey Property with Immediate Cash Flow A rare opportunity to own a 7-unit multifamily property that is fully occupied, with each unit currently rented for $1,100 per month and significant potential for rent increases this summer. This low-maintenance, high-yield investment offers turnkey convenience and a prime location for continued growth. Property Highlights: A+ Rehab Completed in 2017: All units gutted down to the studs and renovated with quality finishes. Modern Upgrades: New double-pane low-E windows, updated sheetrock, flooring, and doors. Permitted by the City of Houston. Unit Details: Each 2-bedroom, 1-bath unit includes stainless/black appliances, granite countertops, refrigerator, dishwasher, microwave, garbage disposal, and stackable washer/dryer.
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: Disposal, Microwave, Dishwasher, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric
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Building Information
Year Built: 1948 Building Area Total: 6300 Stories: 1 Private Pool: No
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Property Information
Subdivision: Wilshire Place Source Property Type: Residential Income Property SubType: Multi Family Property Age: 78
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Listing Price Information
Listing Price: $695000 Original Price: $725000
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Tax Information
Parcel Number: 0670750090269 Tax Legal Desc: LT 269 BLK 9 Wilshire Place
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School Information
Elementary School: Kashmere Gardens Elementary SchoolJunior High School: Key Middle SchoolSenior High School: Kashmere High School -
Location Information
Direction: Head onto I-69/US-59 N, Take exit 123 to merge onto I-610 N, Keep right at the fork to continue on I-610 E, Keep right to stay on I-610 E, Take exit 19A toward Hardy St/Jensen Dr, Merge onto N Loop E Fwy, Continue straight to stay on N Loop E Fwy, Continue onto Kelley St, Turn left onto Sayers St, Destination 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 |
|---|---|---|---|---|---|
| 4112 Majestic Street #AB, Houston, TX, 77026 | $365,000 | 3 | 3 | 2,300 | 0.12 Acre |
| 3910 Hoffman Street #1, Houston, TX, 77026 | $590,000 | 12 | 9 | 4,448 | 0.48 Acre |
| 5311 Liberty Road, Houston, TX, 77026 | $449,000 | 3 | 3 | 2,800 | 0.10 Acre |
| 6223 Lavender Street, Houston, TX, 77026 | $325,000 | 3 | 1 | 2,560 | 0.67 Acre |
| 3821 Wipprecht Street, Houston, TX, 77026 | $349,999 | 3 | 2 | 1,502 | 0.34 Acre |
| 3817 Wipprecht Street, Houston, TX, 77026 | $349,999 | 3 | 2 | 1,092 | 0.34 Acre |
| 4613 Cavalcade Street #10, Houston, TX, 77026 | $999,900 | -- | -- | 7,680 | 0.34 Acre |
| 4515 Salina Street, Houston, TX, 77026 | $240,999 | 4 | 2 | 1,620 | 0.16 Acre |
| 3034 Wayne Street #A-B, Houston, TX, 77026 | $599,000 | 6 | 6 | 3,284 | 0.13 Acre |
| 4416 Quitman Street, Houston, TX, 77026 | $196,000 | 4 | 2 | 1,625 | 0.09 Acre |
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ByOwner last updated this listing 09/11/2026 @ 07:30
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