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Live-Work Space with Garage Apartment
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For Lease
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4505 Caroline St, Houston, TX 77004

Flexible property with office or residential use, functional kitchen and baths, parking, and a separate garage apartment.

Space Size3,537 SF
Days on Market6

Property Features for 4505 Caroline St

General Information

Standard status Active
Size 3,537 SF
Property subtype Retail, Office

Additional Details

Space Use Office

Amenities

security fence
vintage windows
deck

Spaces For Lease

at 4505 Caroline St Contact us

Available Space

Size
3,537 SF
Availability
Active
Contact us
Listing Agency: Walzel Properties LLC
Listed By: Amy Lynch-Kolflat · License #TX 572675
Source: Crexi
Added: Sep 5 Changed: Sep 9 Last Checked: Sep 9 at 4:02PM

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 Walzel Properties LLC

Investment Insights

Based on property information with market context.

This adaptable live-work property offers a 7-bedroom, 5-bath layout that has served as office space and can also function as a residence. The interior includes a large kitchen, multiple bathrooms, oversized vintage windows, new flooring, generous closets, and a cedar closet. A garage apartment connects to the rear deck and may provide an additional rental opportunity.

The property is located at 4505 Caroline St in Houston’s Montrose/Museum district, near downtown. Mature trees surround the site, which is enclosed by a 10-foot metal security fence with gated driveway access. Parking is available at the front and beneath the rear carport, while the home provides usable space on both levels for office, residential, or live-work occupancy.

Key Highlights

  • 7‑bedroom, 5‑bath property adaptable for office or residential use
  • Garage apartment connected to the rear deck with potential for a second rental opportunity
  • 10‑foot metal security fence includes driveway access

Property Analytics

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Current Use

Johnna Teal & Associates Law Firm

Suggested Use

Top Pick Auto Parts Store HVAC Service Kitchen & Bath Showroom Furniture & Home Goods Veterinary Clinic Electrical Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,990
Businesses Nearby

Demographics for 77004, TX

37,005
Population
18,321
Households
2
Avg Household Size
31
Median Age
57%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
7,116
Density / Sq Mi
$65,901
Median Household Income
$55,909
Median Earnings
$1,320
Median Rent
$384,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Flexible property with office or residential use, functional kitchen and baths, parking, and a separate garage apartment.
Where is this live-work space located?
The property is located at 4505 Caroline St Houston, TX.
What are key features of this property?
This property features: 7‑bedroom, 5‑bath property adaptable for office or residential use; Garage apartment connected to the rear deck with potential for a second rental opportunity; 10‑foot metal security fence includes driveway access
More about this property
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