Texas
Houston
9018 Grannis Street 4

$499,995

9018 Grannis Street 4, Houston, TX 77075

2 beds
3,468 sqft

Multi-Family Home
Built in 1984
6,199sqft lot
—— car garage
$144/sqft
Listed 3 months ago

Property Description

Excellent turnkey investment opportunity offering an 8% cap rate! This fully remodeled and fully occupied fourplex features four spacious 2-bedroom, 1-bath units, each equipped with central air and heat, a generous kitchen with serving bar, electric stove, refrigerator, large pantry, and washer/dryer connections. Every unit also includes a private patio and individual storage space. Tenants enjoy off-street parking with ample guest parking as well. Each unit is separately metered for electricity, making management simple. With current market rents at $1,200 per unit, this property has the potential to gross $4,800 per month. Ideally located on a quiet street with easy access to Hobby Airport, Downtown Houston, major highways, the Medical Center, and more. Do not disturb tenants. Drive-by only!

Listing Status:: Active
Date Added:: March 19, 2025 at 05:00AM
Listing Office:: eXp Realty LLC : 888-519-7431
Listing Agent:: Jay Thomas : 1+832-889-5607
MLS ID:: 52836588

Appliances: RangeDisposalDishwasher
A/C: Electric
Heating: Electric

This listing courtesy of Jay Thomas, eXp Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Jessup Elementary School

9301 Almeda Genoa Rd, Houston, TX, 77075

Grades PK-4

0.77 miles away

South Houston Intermediate School

900 College Ave, South Houston, TX, 77587

Grades 7-8

1.53 miles away

South Houston High School

3820 S Shaver St, South Houston, TX, 77587

Grades 9-12

2.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.