Welcome to investor's paradise in the heart of East Downtown! This income-producing gem offers multiple rental avenues, perfect for savvy investors or homeowners looking to offset their mortgage- a total of 2137 sq ft of living space. The MAIN HOME (1081 sq ft)is a cozy 2-bed, 2-bath retreat, offering comfort and charm with a practical layout ideal for long-term tenants, or students. In the back, a fully equipped GARAGE APT -ONE UNIT- (1056 sq ft) is ready for short-term or long-term rental, providing excellent flexibility for Airbnb, travel nurses, or student housing. Additional features include: gated driveway and fully fenced property for privacy and peace of mind , extended driveway with generous parking – ideal for multiple tenants or guests, prime location – just a 5-minute drive to the University of Houston campus and minutes from dining, nightlife, and entertainment in EADO. Don't miss this turnkey property, and schedule for a showing today!
For sale
$470,000
1561 Scharpe St, Houston, TX 77023
3beds
1,081sqft
Est.:
Single Family Residence
Built in 1935
6,250.86 Square Feet Lot
$458,100 Zestimate®
$435/sqft
$-- HOA
What's special
Fully fenced propertyFully equipped garage aptPractical layoutGated driveway
- 45 days
- on Zillow |
- 425 |
- 34 |
Zillow last checked: 7 hours ago
Listing updated: May 31, 2025 at 06:08am
Listed by:
Judy Chang TREC #0735726 713-291-0398,
Nextgen Real Estate Properties
Source: HAR,MLS#: 97970030

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Garage Apartment
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Dryer, Refrigerator, Washer, Gas Cooktop, Dishwasher, Disposal
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), All Bedrooms Down, All Bedrooms Up, Quartz Counters
- Flooring: Laminate
Interior area
- Total structure area: 1,081
- Total interior livable area: 1,081 sqft
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Electric Gate, Garage Door Opener, Detached, Gated
- Garage spaces: 2
Features
- Stories: 1
- Fencing: Back Yard,Full
Lot
- Size: 6,250.86 Square Feet
- Features: Other
Details
- Additional structures: Detached Gar Apt /Quarters
- Parcel number: 0542490000034
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Cement Siding
- Foundation: Block & Beam
- Roof: Composition
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Subdivision: Broadmoor Add
Location
- Region: Houston
Financial & listing details
- Price per square foot: $435/sqft
- Tax assessed value: $448,050
- Annual tax amount: $10,047
- Date on market: 4/21/2025
- Listing agreement: Exclusive Right to Sell/Lease
- Listing terms: Cash,Conventional,Investor
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