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Rehabbed Studio Multifamily Building
For Sale
Contact for pricing

511 Schweikhardt St, Houston, TX 77020

Rehabbed multifamily property with 11 studio units and new interiors, with appliances and window unit cooling.

Property SizeContact for details
Days on Market135

Property Features for 511 Schweikhardt St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 11

Building Details

Tenancy Multi
Listing Agency: KW Commercial Houston Clear Lake
Listed By: Jeff George · License #TX 0463308
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 11:07AM

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 KW Commercial Houston Clear Lake

Investment Insights

Based on property information with market context.

This rehabbed multifamily building contains 11 studio units, each with new interior finishes including updated cabinets and floors. The units include refrigerators and stoves, and they come with 1 window unit each. The property is currently occupied with one vacant unit, while one unit has been recently leased.

The seller describes the asset as an investment opportunity in a fast-growing area, located minutes from downtown.

As presented for sale, the building’s current configuration is 11 studios, with a focus on turnkey interior updates and in-unit appliance and cooling provisions.

Key Highlights

  • Rehabbed multifamily property with 11 studio units
  • All units have new interiors, including cabinets and floors
  • Studios come with appliances including refrigerator and stove

Property Analytics

Current Use

511 schweikhardt Hotel & Motel

Suggested Use

Top Pick Law Firm Spa & Massage Center Hair Salon Nail Salon Real Estate Agency Bakery

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

11
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby

Demographics for 77020, TX

24,846
Population
10,054
Households
2.5
Avg Household Size
35
Median Age
13%
College-Educated
65%
High-School Grad
7.8 sq mi
ZIP Area
3,185
Density / Sq Mi
$49,481
Median Household Income
$32,573
Median Earnings
$942
Median Rent
$133,600
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 - Rehabbed multifamily property with 11 studio units and new interiors, with appliances and window unit cooling.
Where is this apartment building located?
The property is located at 511 Schweikhardt St Houston, TX.
What are key features of this property?
This property features: Rehabbed multifamily property with 11 studio units; All units have new interiors, including cabinets and floors; Studios come with appliances including refrigerator and stove
(281) 336-3121 Call to check price and availability
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