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Fully Occupied Triplex on Corner Lot

7523 La Salette Street, Houston, TX 77021

For Sale
$225,000

Long-term tenants occupy all units near Houston’s Medical Center, Downtown, and the University of Houston.

Property Size2,331 SF
Price / SF$96.53
Days on Market128

Property Features for 7523 La Salette Street

General Information

Standard status Active
Size 2,331 SF
Property subtype Multi-Family
Occupancy 100%

Site & Location

Neighborhood Greater Ost / South Union

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,586

Amenities

Laminate
No
1
2
Appraiser
Yes
5000
2331

Building Details

Building Size 2,331 SF
Year Built 1955
Stories 1
Listing Agency: Evan S. Howell, Inc.
Listed By: Shana Hill
Source: Garygreene
Added: Jul 9 Changed: Nov 12 Last Checked: Nov 12 at 4:39AM

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 Evan S. Howell, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 2,331-square-foot triplex contains three residential units, each configured with two bedrooms and one bathroom. The property is fully occupied, with long-term tenants in place, and sits on a corner lot in Houston.

The surrounding area includes new construction and provides proximity to the Houston Medical Center, Downtown, and the University of Houston. The property information also identifies the site as a potential candidate for ground-up rebuilding, subject to applicable approvals and requirements.

Key Highlights

  • Fully occupied triplex with long‑term tenants
  • Three units, each with 2 bedrooms and 1 bathroom
  • 2,331 SF property on a corner lot

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 77021, TX

28,055
Population
12,819
Households
2.2
Avg Household Size
36
Median Age
34%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,599
Density / Sq Mi
$45,034
Median Household Income
$38,041
Median Earnings
$1,193
Median Rent
$203,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Houston, TX

$217 Jul
$206 Aug
$199 Sep
$192 Oct

Properties on Market for Triplexes in Houston

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Long-term tenants occupy all units near Houston’s Medical Center, Downtown, and the University of Houston.
Where is this triplex located?
The property is located at 7523 La Salette Street Houston, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Fully occupied triplex with long‑term tenants; Three units, each with 2 bedrooms and 1 bathroom; 2,331 SF property on a corner lot
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