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12-Unit Apartment Building
For Sale
$1,000,000

4831 4835 & 4839 Gulf Fwy # 12, Houston, TX 77023

Three fourplexes combine detached duplexes with rear garage apartments and assigned garage or storage areas.

Property Size11,249 SF
Days on Market85

Property Features for 4831 4835 & 4839 Gulf Fwy # 12

General Information

Standard status Active
Size 11,249 SF
Property subtype Multi Family,Multiple Detached Dwellings

Units

Unit Mix 11 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 12

Additional Details

Utilities to Site Yes

Building Details

Building Size 11,249 SF
Year Built 1946
Buildings 3
Listing Agency: Keller Williams Memorial
Listed By: Elizabeth Kyser
Source: Mpowerrealtygroup
Added: May 14 Changed: Jul 31 Last Checked: Aug 6 at 4:31AM

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 Keller Williams Memorial

Investment Insights

Based on property information with market context.

This 12-unit apartment property comprises three 4-plexes with a mix of (11) 1BR/1BA units and (1) 2BR/1BA unit. Each address includes a detached front duplex and rear garage apartments, with six individual 1-car garages located beneath the rear units. Every unit has an assigned garage space or storage area. Property features include hardwood floors throughout, separate gas and electric meters, and a shared water meter. Two units were fully renovated following fire damage in 2024, while the remaining units have been prepared as rent ready as needed.

Located inside the 610 Loop near the University of Houston, the property offers access to the Texas Medical Center, Hobby Airport, and downtown Houston. The addresses are situated along Gulf Fwy in Houston's EADO and Eastwood neighborhoods. Built in 1946, the property retains mid-1940s architectural character across its three buildings.

Key Highlights

  • 12 units across three 4‑plexes
  • Unit mix includes (11) 1BR/1BA and (1) 2BR/1BA
  • Six individual 1‑car garages located beneath the rear units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic Pharmacy Nail Salon

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

12
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 77023, TX

26,780
Population
11,850
Households
2.3
Avg Household Size
36
Median Age
24%
College-Educated
75%
High-School Grad
5.5 sq mi
ZIP Area
4,869
Density / Sq Mi
$50,018
Median Household Income
$35,730
Median Earnings
$1,079
Median Rent
$279,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three fourplexes combine detached duplexes with rear garage apartments and assigned garage or storage areas.
Where is this apartment building located?
The property is located at 4831 4835 & 4839 Gulf Fwy # 12 Houston, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 12 units across three 4‑plexes; Unit mix includes (11) 1BR/1BA and (1) 2BR/1BA; Six individual 1‑car garages located beneath the rear units
More about this property
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