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15-Unit Multifamily Investment Opportunity
For Sale
$1,149,900
Pending

3804-3808 Mount Pleasant St 9, Houston, TX 77021

15-unit apartment complex in South Union area with upside potential.

Property Size9,358 SF
Days on Market214

Property Features for 3804-3808 Mount Pleasant St 9

General Information

Standard status Pending
Size 9,358 SF
Property subtype Investment

Site & Location

Neighborhood Greater Ost / South Union

Taxes and HOA fees

Annual Taxes $10,796

Building Details

Building Size 9,358 SF
Year Built 1950
Stories 1
Units 2
Listing Agency: Texas Ally Real Estate Group, LLC
Listed By: Sarah F Syed · License #0705993
Source: Elliman
Added: Mar 27 Changed: Oct 14 Last Checked: Oct 24 at 6:46PM

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 Texas Ally Real Estate Group, LLC

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Investment Insights

Based on property information with market context.

This property features a 15-unit apartment complex located in the South Union area. The unit mix includes 4 one-bedroom units and 11 two-bedroom units. The property has a total size of 9358 square feet. Currently, the property is 66 percent occupied, presenting an opportunity for investors to increase occupancy and stabilize income. The property is being sold in as-is condition.

Key Highlights

  • 15‑unit apartment complex offers significant investment potential.
  • Located in the growing South Union area.
  • Mix of one and two‑bedroom units caters to a broad tenant base.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 77021, TX

28,055
Population
12,819
Households
2.2
Avg Household Size
36
Median Age
34%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,599
Density / Sq Mi
$45,034
Median Household Income
$38,041
Median Earnings
$1,193
Median Rent
$203,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - 15-unit apartment complex in South Union area with upside potential.
Where is this apartment building located?
The property is located at 3804-3808 Mount Pleasant St 9 Houston, TX.
What is the asking price?
The asking price for this property is $1,149,900.
What are key features of this property?
This property features: 15‑unit apartment complex offers significant investment potential.; Located in the growing South Union area.; Mix of one and two‑bedroom units caters to a broad tenant base.
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