Two Fourplex Residential Income
For Sale
$649,000
1500 Oleander Dr, La Marque, TX 77568
Two well-maintained fourplexes with eight income-producing units, off-street paved parking, and access to I-45.
Property Size6,600 SF
Days on Market61
Property Features for 1500 Oleander Dr
General Information
Standard status
Active
Size
6,600 SF
Property subtype
Investment
Lease Term
12 months
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$4,371
Building Details
Building Size
6,600 SF
Year Built
1976
Stories
2
Units
1
Tenancy
Multi
Listing Agency:
Joe Tramonte Realty, Inc.
(409) 765-9837
Listed By:
Hudson Holmes · License #684790
(409) 765-9837
Source:
Elliman
Added: Jun 23
Changed: Aug 21
Last Checked: Aug 22 at 9:28AM
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 Joe Tramonte Realty, Inc.
Investment Insights
Based on property information with market context.
This offering includes two well-maintained fourplex buildings totaling eight income-producing units. The property’s design supports straightforward residential leasing and day-to-day management, with low-maintenance construction referenced in the seller’s remarks.
The buildings are located for convenient access to I-45 and include off-street paved parking. The property is also described as being positioned outside the 100-year flood plain. WalkScore is listed at 42, and BikeScore at 34, indicating a car-dependent setting.
For buyers seeking a residential income portfolio entry, the eight-unit configuration provides diversification within a manageable structure count while keeping the overall setup practical for an operator. With an emphasis on easy leasing and manageable operations noted in the remarks, this property may be suited for investors looking for a straightforward multifamily asset with a documented flood-plain position.
The buildings are located for convenient access to I-45 and include off-street paved parking. The property is also described as being positioned outside the 100-year flood plain. WalkScore is listed at 42, and BikeScore at 34, indicating a car-dependent setting.
For buyers seeking a residential income portfolio entry, the eight-unit configuration provides diversification within a manageable structure count while keeping the overall setup practical for an operator. With an emphasis on easy leasing and manageable operations noted in the remarks, this property may be suited for investors looking for a straightforward multifamily asset with a documented flood-plain position.
Key Highlights
- Two well‑maintained fourplexes with 8 income‑producing units total
- Year built: 1976
- Off‑street paved parking
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Explore this area
Business Placement
Demographics for 77568, TX
20,254
Population
8,950
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
88%
High-School Grad
14.6 sq mi
ZIP Area
1,387
Density / Sq Mi
$72,912
Median Household Income
$44,981
Median Earnings
$1,395
Median Rent
$209,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two well-maintained fourplexes with eight income-producing units, off-street paved parking, and access to I-45.
Where is this quadplex located?
The property is located at 1500 Oleander Dr La Marque, TX.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two well‑maintained fourplexes with 8 income‑producing units total; Year built: 1976; Off‑street paved parking
