12-Unit Apartment Investment
For Sale
$1,000,000
4831 Gulf Freeway, Houston, TX 77023
Twelve units arranged as three 4-plexes in classic mid-1940s architecture.
Property SizeContact for details
Days on Market114
Property Features for 4831 Gulf Freeway
General Information
Standard status
Active
Class
C
Property subtype
Multi-Family
Additional Details
Multifamily Units
12
Building Details
Year Built
1946
Stories
2
Listing Agency:
Keller Williams | Houston Memorial
(409) 789-7871
Listed By:
Tim Larson · License #791774-SA
Source:
Commercialcafe
Added: May 8
Changed: Aug 26
Last Checked: Aug 29 at 6:20AM
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 Keller Williams | Houston Memorial
Investment Insights
Based on property information with market context.
This multifamily property for sale features 12 units across three separate 4-plex buildings. The exterior reflects classic mid-1940s architecture.
The site is located inside the 610 Loop near the University of Houston, providing convenient access to the Texas Medical Center, Hobby Airport, and downtown Houston. The area is described as part of the evolving EADO and Eastwood neighborhoods.
Configuration-wise, the property is a three-building setup with four units per building, offering a straightforward apartment layout for ownership or investment.
The site is located inside the 610 Loop near the University of Houston, providing convenient access to the Texas Medical Center, Hobby Airport, and downtown Houston. The area is described as part of the evolving EADO and Eastwood neighborhoods.
Configuration-wise, the property is a three-building setup with four units per building, offering a straightforward apartment layout for ownership or investment.
Key Highlights
- 12‑unit multifamily property with units arranged as three 4‑plexes
- Built in 1946 with classic mid‑1940s architecture
- Located inside the 610 Loop near the University of Houston
Property Analytics
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 77023, TX
26,780
Population
11,850
Households
2.3
Avg Household Size
36
Median Age
24%
College-Educated
75%
High-School Grad
5.5 sq mi
ZIP Area
4,869
Density / Sq Mi
$50,018
Median Household Income
$35,730
Median Earnings
$1,079
Median Rent
$279,300
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?
Apartment building - Twelve units arranged as three 4-plexes in classic mid-1940s architecture.
Where is this apartment building located?
The property is located at 4831 Gulf Freeway Houston, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 12‑unit multifamily property with units arranged as three 4‑plexes; Built in 1946 with classic mid‑1940s architecture; Located inside the 610 Loop near the University of Houston
