Presenting a prime investment opportunity in Houston's vibrant Lawndale - Wayside neighborhood, this partially renovated 8-unit multifamily complex at 5609 Leeland Street offers immediate rental income with all units currently 100% leased. Property Highlights include six 1/1 and 2 2/1. Recently renovated. Situated minutes from Interstate 45 and downtown Houston, residents have convenient access to the University of Houston, dining, shopping, and entertainment options The property operates as a fully leased asset. With 1-bedroom units renting at approximately $884 per month and 2-bedroom units at higher rates, reflecting the area's rental market. This well-maintained, income-producing property offers investors a stable return and potential for future appreciation in a sought-after Houston location.
For sale
$799,999
5609 Leeland St APT 8, Houston, TX 77023
--beds
0baths
6,428sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$758,300 Zestimate®
$124/sqft
$-- HOA
What's special
- 51 days
- on Zillow |
- 86 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2025 at 11:57pm
Listed by:
David Gutierrez TREC #0624317 713-584-5506,
Prime Realty Group
Source: HAR,MLS#: 7247516

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Electric
Interior area
- Total structure area: 6,428
- Total interior livable area: 6,428 sqft
Property
Features
- Stories: 2
Lot
- Size: 7,500 Square Feet
Details
- Parcel number: 0532170000013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1950
Community & HOA
Community
- Subdivision: Swope Add
Location
- Region: Houston
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $618,121
- Annual tax amount: $11,772
- Date on market: 3/11/2025
- Listing agreement: Exclusive Right to Sell/Lease
- Lease term: 1 Year
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