Investor’s Dream in Upper Kirby Corridor – Exceptional opportunity to own a multi-family property in one of Houston’s most dynamic and sought-after submarkets. This tenant occupied 4-plex, located on prestigious Richmond Avenue between Montrose and Upper Kirby. A fifth unit is partially constructed and ready to be completed or converted into extra parking—an ideal value-add play to boost future returns. Main building consists of 2 units, side by side, each is 2 beds and 1 and 1/2 baths. Structure in the back has 2 studios upstairs and a framed, but unfinished large 5th unit downstairs. Situated just minutes from the Texas Medical Center, Rice University, Greenway Plaza, and the Museum District, this property benefits from unmatched centrality and rental demand. Enjoy access to world-class dining, retail, public transit—making it a prime location for both long-term and short-term rental strategies. Property has a new roof and updated appliances. Tenant occupied, do not disturb tenants
For sale
$798,000
1959 Richmond Ave, Houston, TX 77098
2beds
4,406sqft
Est.:
Quadruplex
Built in 1930
-- sqft lot
$745,500 Zestimate®
$181/sqft
$-- HOA
What's special
- 29 days
- on Zillow |
- 532 |
- 43 |
Zillow last checked: 7 hours ago
Listing updated: May 01, 2025 at 03:19am
Listed by:
Ryan Bacchus TREC #0751251 346-210-8210,
Great Western Realty
Source: HAR,MLS#: 32283796

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Window Unit
Cooling
- Electric, Window Unit(s)
Interior area
- Total structure area: 4,406
- Total interior livable area: 4,406 sqft
Property
Features
- Stories: 2
Lot
- Size: 5,400 Square Feet
Details
- Parcel number: 0571210000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1930
Community & HOA
Community
- Subdivision: Richmond Place
Location
- Region: Houston
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $656,675
- Annual tax amount: $13,740
- Date on market: 4/19/2025
- Listing agreement: Exclusive Right to Sell/Lease
- Lease term: 1 Year,Month To Month
- Loading
- Loading