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For sale by owner
  • $785,000

    5038 Mallow St, Houston, TX 77033

    12beds
    5,296sqft
    : 
    MultiFamily
    Built in 2018
    -- sqft lot
    $721,000 Zestimate®
    $148/sqft
    $-- HOA

    What's special

    Fully furnished unitsSpacious units
    Prime Turnkey Fourplex in Houston Medical Center – Income-Generating Gem! Investor Alert! Don’t miss this rare opportunity to own a fully functional fourplex in the high-demand Houston Medical Center South corridor — a rapidly growing area filled with hospitals, research institutions, and new developments! Renovated in 2022 and meticulously maintained, this TURNKEY property features: 12 bedrooms & 8 bathrooms across 4 spacious units Estimated rental income of $7,600/month Two fully furnished units already tenant-occupied for immediate income Two units ready for lease – one furnished, one vacant Huge 0.28-acre lot with room to add value No HOA fees! Whether you're expanding your rental portfolio or stepping into multi-family investments, this property delivers cash flow from day one and the potential to scale even further. With units renting for $1,900/month, this asset is poised to generate over $91,000/year in gross income — all in one of Houston’s strongest rental markets. Location, Location, Location Minutes from the Texas Medical Center, downtown Houston, major freeways, universities, and job hubs — your tenants will love the accessibility! This one checks ALL the boxes: High ROI, prime location, fully operational, and future upside. Properties like this DO NOT LAST — schedule your showing TODAY before it's gone!
    8 days
    on Zillow
    |
    524
    |
    26
    |
    Listed by:

    (832) 774-4823

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
    Travel times

    Open houses

    • Sat, Jun 7

      12:00 PM - 6:00 PM

    • Wed, Jun 11

      1:00 PM - 4:00 PM

    • Sat, Jun 14

      1:00 PM - 4:00 PM

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile
    • Basement: Finished
    Interior area
    • Total interior livable area: 5,296 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport, Off-street
    Features
    • Exterior features: Other, Shingle, Cement / Concrete
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 0751990190010

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Concrete Block
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2018

    Community & HOA

    Location
    • Region: Houston

    Financial & listing details

    • Price per square foot: $148/sqft
    • Tax assessed value: $633,946
    • Annual tax amount: $13,013
    • Date on market: 6/5/2025
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