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EaDo Income-Generating Multifamily Property
For Sale
$714,990

5 Estelle St 1, Houston, TX 77003

Renovated, furnished 5-unit building near downtown Houston.

Days on Market125

Property Features for 5 Estelle St 1

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1938
Listing Agency:
Listed By: Spencer Igwe
Source: Elliman
Added: Mar 29 Changed: Jul 10 Last Checked: Jul 30 at 10:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Spencer Igwe

Investment Insights

Based on property information with market context.

This income-generating property is located in EaDo, near downtown Houston. The newly renovated building features five fully furnished units. Each unit is move-in ready and includes new appliances and stylish finishes. The property is positioned in a prime location near restaurants, shops, and newly developed buildings. The location has a bike score of 66, indicating it is bikeable, a walk score of 65, indicating it is somewhat walkable, and a transit score of 60, indicating good transit options. This property offers appreciation potential in one of Houston’s fastest-growing neighborhoods.

Key Highlights

  • Strong rental income generation from 5 fully furnished units.
  • Newly renovated with modern finishes and new appliances.
  • Turnkey, hassle‑free investment property.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Parking Lot & Garage Catering Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,234
Businesses Nearby

Demographics for 77003, TX

11,874
Population
6,201
Households
1.9
Avg Household Size
36
Median Age
49%
College-Educated
93%
High-School Grad
2.7 sq mi
ZIP Area
4,398
Density / Sq Mi
$88,837
Median Household Income
$63,831
Median Earnings
$1,562
Median Rent
$363,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated, furnished 5-unit building near downtown Houston.
Where is this apartment building located?
The property is located at 5 Estelle St 1 Houston, TX.
What is the asking price?
The asking price for this property is $714,990.
What are key features of this property?
This property features: Strong rental income generation from 5 fully furnished units.; Newly renovated with modern finishes and new appliances.; Turnkey, hassle‑free investment property.
More about this property
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