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    Montrose Multifamily Investment Opportunity Title is generated by Realmo AI

    918 - 920 Peden St, Houston, TX 77006

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    For Sale
    $1,599,000

    Three buildings with nine units in Houston's vibrant Montrose area.

    Type:Investment
    Property size:
    6,993 SF
    Lot size:
    0.30 Acres
    Price / SF:
    $228/SF
    Added:
    Apr 24, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 24 at 3:07 pm

    Property Features for 918 - 920 Peden St

    General Information

    Standard status
    Active
    Size
    6,993 SF
    Lot size
    0.30 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1927

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    Listing Contact
    Blake Vincent

    Listing agent Blake Vincent

    Listing office

    Listing date Apr 24, 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 Blake Vincent

    HighLights

    • Prime location in the heart of Montrose, a dynamic and diverse Houston area.
    • Unique compound consisting of three buildings with a total of nine rental units.
    • Significant income potential with a mix of currently leased and vacant units.
    • Large 13,150 Sq. Ft. lot with ample private parking.
    • Excellent walkability (84), bikeability (64) and transit (70) scores.
    • Onsite shared laundry area for tenants.

    Overview

    This property presents a unique investment opportunity in the heart of Montrose, a dynamic and diverse area of Houston. The listing comprises three buildings. 918 Peden is a fourplex located at the front (east side) of the property, consisting of approximately 3123 square feet per HCAD. All four units are currently leased on a month-to-month basis. 920 Peden, another fourplex, is situated at the front (west side) of the property and consists of approximately 3024 square feet per HCAD. All four units are currently vacant. A freestanding building is located behind 918 Peden, featuring one rental unit of approximately 846 square feet per HCAD, which is currently leased, along with extra storage space. All nine rental units are one-bedroom apartments. The property includes an on-site shared laundry area and ample private parking at the front and back. The total lot size is 13,150 square feet per HCAD. The property has a bike score of 64, indicating it is very bikeable, a walk score of 84, indicating it is very walkable, and a transit score of 70, indicating excellent transit options.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.3904437
    Latitude
    29.7529122

    FAQs

    What type of property is this?
    Apartment building - Three buildings with nine units in Houston's vibrant Montrose area.
    Where is this apartment building located?
    The property is located at 918 - 920 Peden St Houston, TX.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: Prime location in the heart of Montrose, a dynamic and diverse Houston area.; Unique compound consisting of three buildings with a total of nine rental units.; Significant income potential with a mix of currently leased and vacant units.
    More about this property
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