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Listing provided courtesy of United Real EstateMLS# 17138281MLS Provider
  • 47 days on site
  • 0 views

FULLY OCCUPIED DUPLEX in rapidly appreciating Independence Heights! Located directly off 610 & 45, this turnkey bungalow-style multifamily property features two 2BR/1BA units with different floorpans art 722 sqft each unit. One unit is tenant-occupied through September 2026 and right side thru January 2027, offering immediate income; $29,400 gross annual rent combined. Each side has separate meters and both tenants pay their own utilities. Excellent layouts, durable finishes, separate entrances both in front with complete with separate driveways. High rental comps in the area for long-term hold, STR, value-add, or development project. Rare multifamily option in a hot neighborhood undergoing major redevelopment—secure this income-producing asset today.

Source: Houston MLS, MLS#: 17138281

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  • Property Type
    Residential Income

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1107 E 40th 1/2 Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/16/2026Source: Houston MLS Status Change
Active
5/20/2026Source: Houston MLS Status Change
Pending
5/14/2026Source: Houston MLS Added to Database
May 14, 2026
2/5/2026Source: Houston MLS Status Change
Closed
2/1/2026Source: Houston MLS Status Change
Pending
1/22/2026Source: Houston MLS Price Reduction
$1,100 -18.5%
1/8/2026Source: Houston MLS Added to Database
January 08, 2026
11/10/2025Source: Houston MLS Status Change
Closed
10/7/2025Source: Houston MLS Price Reduction
$1,350 -15.6%
9/23/2025Source: Houston MLS Added to Database
September 23, 2025