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5022 Mallow St, Unit 7 Houston, TX 77033

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For Sale
$800,000

Fully occupied multifamily property with value-add potential near Downtown Houston.

Lot size:
0.29 Acres

Property Features for 5022 Mallow St

General Information

Lot size
0.29 Acres

Building Details

Year built
1960
Source: Elliman

Listing Agent: Ryan Degennaro

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily Asset Near Downtown Houston

The multifamily asset at 5022 Mallow Street is fully occupied and located eight miles south of Downtown Houston, with convenient access to employment, education, and transportation centers. The property offers a combination of stable cash flow and value-add potential through renovations and rent optimization. The surrounding neighborhood has seen home value appreciation and rent growth, while remaining more affordable than other inner-loop submarkets. With limited new multifamily construction and a consistent tenant base, the market is positioned for sustained occupancy. This property offers investors cash flow, upside through value-add improvements, and long-term positioning in a stable residential corridor.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Houston
County
Fort Bend
State
Texas
Longitude
-95.3476929
Latitude
29.6594126

FAQs

What type of property is this?
Apartment building - Fully occupied multifamily property with value-add potential near Downtown Houston.
Where is this apartment building located?
The property is located at 5022 Mallow St, Unit 7 Houston, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: - Fully occupied multifamily asset providing stable in-place cash flow.; - **Value-add potential through renovations and rent optimization.**; - Located just eight miles south of Downtown Houston, near major employment, education, and transportation hubs.
More about this property
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