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    Turnkey Investment Near University of Houston Title is generated by Realmo AI

    3915 Tuam St ABCD, Houston, TX 77004

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    Claim this Listing
    For Sale
    $1,225,000

    Four-unit property near UofH with multiple income strategies.

    Type:Investment
    Property size:
    5,544 SF
    Price / SF:
    $220/SF
    Added:
    Apr 24, 2026
    Days on Market:
    54
    Last Refresh:
    Apr 24 at 3:07 pm

    Property Features for 3915 Tuam St ABCD

    General Information

    Standard status
    Active
    Size
    5,544 SF
    Property subtype
    Investment

    Building Details

    Year Built
    2026

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    Listing Contact
    Afsaneh Mahban

    Listing agent Afsaneh Mahban

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Afsaneh Mahban

    HighLights

    • Turnkey investment property with four fully private units, each featuring 3 bedrooms and 3 full bathrooms (12 beds / 12 baths total).
    • Prime location near the University of Houston (UofH), Texas Southern University (TSU), the Medical Center, Downtown, Midtown, and Montrose.
    • Multiple income strategies possible: long‑term rentals, short‑term/mid‑term rentals, or rent‑by‑the‑room model with potential for up to ~$13,000/month.
    • Each unit spans 1,386 SF and is projected to generate approximately $2,500 per unit ($10,000/month total) in long‑term rental income.
    • Modern interiors with stainless steel appliances, quartz countertops, tile backsplash, and large kitchen islands.
    • High bikeScore (70), walkScore (78), and transitScore (63).

    Overview

    This turnkey investment property is located steps from the University of Houston. The property features four private units, each with 3 bedrooms and 3 full bathrooms, totaling 12 beds and 12 baths. Each unit spans 1,386 square feet and supports multiple income strategies, including long-term rentals at approximately $2,500 per unit, totaling $10,000 per month. Short-term, mid-term rentals, or a hybrid rent-by-the-room model are also viable, with proven performance on similar builds reaching up to approximately $13,000 per month. The location near UofH, TSU, the Medical Center, Downtown, Midtown, and Montrose ensures strong tenant demand. Modern interiors include stainless steel appliances, quartz countertops, tile backsplash, and large kitchen islands. Owner’s suites feature oversized windows, walk-in closets, and spa-style bathrooms with frameless glass showers and double vanities. The property has a bike score of 70, indicating it is very bikeable, a walk score of 78, indicating it is very walkable, and a transit score of 63, indicating good transit options.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $109.8k $19.80
    − Vacancy −$6.0k −$1.09
    EGI $103.7k $18.71
    − OpEx −$31.1k −$5.61
    NOI $72.6k $13.10
    5,544 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.04M
    $907.7K – $1.21M (±1% cap)
    NOI $72,614 @ 7.0% cap · market cap 5.93%
    Second Best
    Apartment 5plus
    $897.3K
    $785.1K – $1.05M (±1% cap)
    NOI $62,809 @ 7.0% cap · market cap 5.13%
    Theoretical Best
    Office A
    $1.43M
    $1.25M – $1.66M (±1% cap)
    NOI $99,792 @ 7.0% cap · market cap 8.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.3447297
    Latitude
    29.7294159

    FAQs

    What type of property is this?
    Quadplex - Four-unit property near UofH with multiple income strategies.
    Where is this quadplex located?
    The property is located at 3915 Tuam St ABCD Houston, TX.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: Turnkey investment property with four fully private units, each featuring 3 bedrooms and 3 full bathrooms (12 beds / 12 baths total).; Prime location near the University of Houston (UofH), Texas Southern University (TSU), the Medical Center, Downtown, Midtown, and Montrose.; Multiple income strategies possible: long‑term rentals, short‑term/mid‑term rentals, or rent‑by‑the‑room model with potential for up to ~$13,000/month.
    More about this property
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