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Houston Multifamily Investment Opportunity

4705 Pease St Houston, TX 77023

4705 Pease St, Houston, TX, 77023
$520,000
For Sale
Claim this Listing
$520,000

Turnkey, income-producing multifamily property near Downtown Houston.

Lot Size0.11 Acres
AddedMar 26
Days on Market112
Last RefreshJul 4 at 11:44 am

Property Features for 4705 Pease St

General Information

Standard status
Active
Lot size
0.11 Acres
Property subtype
Investment

Building Details

Year Built
1940

Listing office

Listing date Mar 26, 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 Luke Hurtado


Investment Insights

Based on property information with market context.

This multifamily property at 4705 Pease St in Houston, TX, presents an opportunity for investors or owner-occupants. The property includes a 2-bed, 2-bath main home, along with a detached two-story building featuring two additional income-generating units: a 2-bed, 2-bath upstairs unit and a 1-bed, 1-bath downstairs unit. All units are fully renovated and rent-ready, allowing for immediate income. Upgrades include a new roof, siding, windows, flooring, sheetrock, paint, modern kitchens, updated bathrooms, breaker boxes, PEX plumbing, insulation, mini splits, lighting, exterior paint, and a lifetime warranty foundation. The property is located minutes from Downtown Houston, major attractions, and Hobby Airport, offering excellent long- and short-term rental potential, especially with the 2026 World Cup driving increased rental demand. This property is suitable for a house hacker looking to live in one unit while the others offset the mortgage, or an investor seeking strong cash flow and short-term rental upside.

Key Highlights

  • Turnkey, income‑producing multi‑family property in a prime Houston location.
  • Excellent long- and short‑term rental potential, boosted by the 2026 World Cup.
  • Fully renovated units (2 bed/2 bath main home, 2 bed/2 bath upstairs unit, 1 bed/1 bath downstairs unit) ready for immediate rental income.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Skin Care Clinic Pharmacy Nail Salon Accounting Firm Gym & Fitness Center

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

FAQs

What type of property is this?
Multifamily property - Turnkey, income-producing multifamily property near Downtown Houston.
Where is this multifamily property located?
The property is located at 4705 Pease St Houston, TX.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Turnkey, income‑producing multi‑family property in a prime Houston location.; Excellent long- and short‑term rental potential, boosted by the 2026 World Cup.; **Fully renovated units (2 bed/2 bath main home, 2 bed/2 bath upstairs unit, 1 bed/1 bath downstairs unit) ready for immediate rental income.**
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