5817 Downing Street
Houston, TX 77020
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Bed
0
Bath
0.62Acre(Lot)
Prime investment opportunity in Houston’s 5th Ward. This income-producing property spans 11 total lots and features 5 duplexes (10 total units), individually metered and all currently leased, delivering immediate cash flow from day one. Positioned on a corner at the end of a dead-end street, the site offers limited through traffic while still providing access from two separate streets—an ideal setup for tenants and future development. The property backs to industrial and rail, supporting steady rental demand in a strong working corridor. Located within an Opportunity Zone, this asset presents potential tax advantages and long-term upside. In addition to the existing duplexes, there are two tear-down structures and room to build up to 4 additional duplexes (8 more units). At the curre
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Roofing Information
Composition -
Interior Features
Roof: Composition -
Heating & Cooling
Has Heating: Yes Heating: Other Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1940 Construction Materials: Wood Siding Stories: 1 Private Pool: No
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Lot Information
Lot Dimensions: 290 x 90 Main Square Feet: 0.6198 Acres Lot Size Acres: 0.6198 Lot Size Square Feet: 27000 Lot Description: Cleared, Corner LotProperty Information
Subdivision: None Source Property Type: Residential Income Postal Code Plus 4: 2911 Property SubType: Multi Family Property Age: 86
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Listing Price Information
Listing Price: $825000 Original Price: $875000 Cash
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Tax Information
Parcel Number: 0620450030001 Tax Year: 2025 Annual Tax: $7921 Tax Legal Desc: LTS 1 THRU 11 BLK 3 SMITH
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School Information
Elementary School: Eliot Elementary SchoolJunior High School: Mcreynolds Middle SchoolSenior High School: Wheatley High School -
Utility Information
Natural Gas Connected, Water Connected -
Location Information
Direction: From I-10 East Take Exit 771B left on Lockwood Dr., Right on Lyons Ave. to Shotwell St. Property is on the corner.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7528 Gainesville Street, Houston, TX, 77020 | $1,200,000 | -- | -- | 12,540 | 12,540 SqFt |
| 000 Tremper, Houston, TX, 77020 | $260,000 | -- | -- | -- | |
| 933 Harbor Street #12, Houston, TX, 77020 | $1,199,900 | -- | -- | 11,610 | 11,610 SqFt |
| 7317 Palestine Street, Houston, TX, 77020 | $415,000 | -- | -- | 973 | 973 SqFt |
| 7209 Greenville Street, Houston, TX, 77020 | $465,000 | 9 | 4 | 2,586 | 2,586 SqFt |
| 7011 Brownsville Street, Houston, TX, 77020 | $170,000 | 3 | 1 | 1,710 | 1,710 SqFt |
| 6929 San Angelo Street, Houston, TX, 77020 | $440,000 | 7 | 4 | 3,024 | 3,024 SqFt |
| 6917 Palestine Street, Houston, TX, 77020 | $280,000 | 3 | 2 | 2,430 | 2,430 SqFt |
| 6905 Palestine Street, Houston, TX, 77020 | $399,900 | 5 | 4 | 2,764 | 2,764 SqFt |
| 528 Hahlo Street, Houston, TX, 77020 | $349,900 | 5 | 4 | 3,025 | 3,025 SqFt |
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ByOwner last updated this listing 06/14/2026 @ 18:20
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