4310 Elsbury St Houston, TX 77006
Fully furnished, income-producing 5-unit multifamily property in prime Montrose location.
Lot size:
0.11 AcresProperty Features for 4310 Elsbury St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.11 Acres
Building Details
- Year built
- 1938
Source:
Elliman
Listing Agent: Pietro Galli
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Montrose Multifamily Turn-Key Investment
This is a fully furnished, income-producing 5-unit multifamily property located in Montrose. The property features one 2-bedroom unit, three 1-bedroom units, and one studio. Each apartment includes an in-unit washer and dryer, with a dedicated laundry and storage facility available. Recent interior renovations totaling over $300,000 have been completed. The property is situated in a prime location near Montrose, the Museum District, Midtown, and Downtown. It has a gated lot with smart home upgrades, including locks and security features. The property has a proven short-term rental success with a gross revenue of $140,000 and a net operating income of $80,000 based on a 2-year annual average from 2023 to 2025. The property's strong cash flow history is supported by tourism, business travel, and upcoming events such as the 2026 FIFA World Cup. Long-term rental potential is estimated at $100,000 to $110,000 gross income with a net operating income of approximately $60,000 to $65,000. Transition and start-up support for first-time short-term rental investors is available for up to one year at an additional cost.
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.3863611
- Latitude
- 29.7340779
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully furnished, income-producing 5-unit multifamily property in prime Montrose location.
Where is this apartment building located?
The property is located at 4310 Elsbury St Houston, TX.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: - Turn-key, fully furnished 5-unit multifamily property in Montrose (77006).; - Proven STR success with **$140K gross revenue and $80K NOI** (2-year annual average, 2023–2025).; - **$300K+ recent interior renovations** – true plug-and-play investment.
