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Quadplex-Style Residential Income Property
For Sale
$259,999

702 Redondo Drive, Houston, TX 77015

Under one roof, the main residence plus three private entry units each include a kitchenette and private bath.

Property Size2,358 SF
Price / SF$110.26
Days on Market57

Property Features for 702 Redondo Drive

General Information

Standard status Active
Size 2,358 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,100

Amenities

Plank,Tile,Vinyl
Yes
2
3
Washer Hookup,Dryer Hookup
Appraiser
Granite Counters,Ceiling Fan(s),Programmable Thermostat
Partial
Cleared,Subdivision
7796
One
Carport,Workshop in Garage
2358

Building Details

Building Size 2,358 SF
Year Built 1950
Stories 1
Listing Agency: Gann Medford Real Estate
Listed By: Christina Pehrson
Source: Garygreene
Added: Jul 24 Changed: Sep 17 Last Checked: Sep 18 at 5:36AM

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 Gann Medford Real Estate

Investment Insights

Based on property information with market context.

This quadplex-style residential income property is arranged under one roof and includes a main residence with three bedrooms and two baths, along with three separate private entry units. Each unit features a kitchenette, a bathroom, and a small living/sleeping area, creating flexible layouts for a variety of residential needs.

The units are equipped with individual mini-splits with cooling and heating options. The property also includes an approximately 23' x 14' detached, unfinished backyard structure that can be used for storage or as a workshop, with buyer to verify permitted uses before any improvements.

Overall, the configuration offers a combination of larger main living space and three independently accessed units within the same overall property footprint.

Key Highlights

  • Multi‑family under one roof with main residence plus three private entry units
  • Main residence offers 3 bedrooms and 2 baths
  • Each of the three units includes a kitchenette, private bathroom, and a small living/sleeping area

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Real Estate Agency HVAC Service Computer & Electronic Repair Electrical Service Plumbing 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby

Demographics for 77015, TX

57,106
Population
19,961
Households
2.9
Avg Household Size
31
Median Age
11%
College-Educated
70%
High-School Grad
20.7 sq mi
ZIP Area
2,759
Density / Sq Mi
$57,324
Median Household Income
$34,477
Median Earnings
$1,169
Median Rent
$164,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Under one roof, the main residence plus three private entry units each include a kitchenette and private bath.
Where is this quadplex located?
The property is located at 702 Redondo Drive Houston, TX.
What is the asking price?
The asking price for this property is $259,999.
What are key features of this property?
This property features: Multi‑family under one roof with main residence plus three private entry units; Main residence offers 3 bedrooms and 2 baths; Each of the three units includes a kitchenette, private bathroom, and a small living/sleeping area
More about this property
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