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Three-Unit Triplex With Patios
For Sale
$299,900

7629 Avenue I, Houston, TX 77012

Triplex for sale with three separately metered units, including a front brick unit with a full patio.

Property SizeContact for details
Days on Market49

Property Features for 7629 Avenue I

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 3

Building Details

Year Built 1940
Listing Agency:
Listed By: Jim Lee · License #0478137
Source: Elliman
Added: Jun 19 Changed: Jul 10 Last Checked: Aug 5 at 11:41AM

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 Jim Lee

Investment Insights

Based on property information with market context.

This triplex includes three separately metered units with individual gas and electric meters. The front unit features brick siding and a full patio. The second and third units are located in a two-story wood structure at the rear of the property. A shed is also located at the rear of the lot. The property is being sold as-is as part of an estate sale, and no seller disclosures are available.

The property is located in Magnolia Park, a historic Houston neighborhood described as undergoing redevelopment. The remarks also note quick access to Downtown Houston and major corridors. WalkScore is listed as 75 (very walkable), transitScore as 50 (good transit), and bikeScore as 58 (bikeable).

The layout and separate utilities make the property suitable for investors, builders, or redevelopment buyers looking for a multi-unit configuration. One tenant occupies the rear unit on a month-to-month lease; the tenant should not be disturbed. The seller will not remove personal property except for a motorcycle in the shed; remaining items will convey at closing. Buyers are instructed to independently verify all dimensions, property features, and condition.

Key Highlights

  • Triplex built in 1940 with three separately metered units for separate gas and electric billing
  • Front unit features brick siding and includes a full patio
  • Second and third units are located in a two‑story wood structure at the rear of the lot

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Skin Care Clinic

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

886
Businesses Nearby

Demographics for 77012, TX

18,397
Population
6,867
Households
2.7
Avg Household Size
33
Median Age
10%
College-Educated
59%
High-School Grad
3.9 sq mi
ZIP Area
4,717
Density / Sq Mi
$48,287
Median Household Income
$34,012
Median Earnings
$944
Median Rent
$127,400
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?
Triplex - Triplex for sale with three separately metered units, including a front brick unit with a full patio.
Where is this triplex located?
The property is located at 7629 Avenue I Houston, TX.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Triplex built in 1940 with three separately metered units for separate gas and electric billing; Front unit features brick siding and includes a full patio; Second and third units are located in a two‑story wood structure at the rear of the lot
More about this property
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