Multifamily Property with Outdoor
For Sale
$485,000
5508 Jessamine St, Houston, TX 77081
Well-maintained multifamily property currently used as multi-rental, with an outdoor configuration and flexible conversion potential.
Property SizeContact for details
Days on Market49
Property Features for 5508 Jessamine St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
Real Broker, LLC
(832) 573-9188
Listed By:
Shannon Cobb Evans
(832) 573-9188
Source:
Elliman
Added: Jun 18
Changed: Jul 23
Last Checked: Aug 5 at 9:18AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This well-maintained multifamily property is currently being utilized as a multi-rental setup with an outdoor configuration designed to support a relaxed environment. The property is also described as having flexibility to be converted to a single-family layout or other residential investment/living scenarios.
The home is offered “feet from the City of Bellaire” and is presented as walkable to local amenities in Bellaire. The remarks cite proximity to restaurants and shopping, the Bellaire Recreation Center, H-E-B, Bayland Park, and the Brays Bayou Greenway hike and bike trail system.
The remarks also note that the listed schools are Condit, Pershing, and Bellaire (please verify) and that room dimensions should be confirmed.
The home is offered “feet from the City of Bellaire” and is presented as walkable to local amenities in Bellaire. The remarks cite proximity to restaurants and shopping, the Bellaire Recreation Center, H-E-B, Bayland Park, and the Brays Bayou Greenway hike and bike trail system.
The remarks also note that the listed schools are Condit, Pershing, and Bellaire (please verify) and that room dimensions should be confirmed.
Key Highlights
- Well‑maintained multifamily property built in 1950, currently used as a multi‑rental setup
- Outdoor configuration provides an additional outdoor living environment
- Flexible layout can be converted from multi‑rental use to a single‑family or other investment/living configurations
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,410
Businesses Nearby
Explore this area
Business Placement
Demographics for 77081, TX
48,293
Population
21,245
Households
2.3
Avg Household Size
30
Median Age
19%
College-Educated
55%
High-School Grad
3.3 sq mi
ZIP Area
14,634
Density / Sq Mi
$42,228
Median Household Income
$27,982
Median Earnings
$990
Median Rent
$245,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Well-maintained multifamily property currently used as multi-rental, with an outdoor configuration and flexible conversion potential.
Where is this specialty property located?
The property is located at 5508 Jessamine St Houston, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Well‑maintained multifamily property built in 1950, currently used as a multi‑rental setup; Outdoor configuration provides an additional outdoor living environment; Flexible layout can be converted from multi‑rental use to a single‑family or other investment/living configurations
