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Map
$925,000
↓ $270K (22.6%)
●
Multifamily -
For Sale
1640 W Alabama Street
Houston, TX 77006
2 Beds
0 Bath
3296 Sqft
$6,848
Estimated Monthly
$0
HOA / Fees
-0.07%
Cap Rate
About This Property
Situated in the vibrant heart of Montrose and affiliated with the
Mandell Place Association, this property holds an iconic status.
Featuring two units suitable for commercial or residential leasing,
it stands as a reliable source of income. Both units share
identical footprints, with the upstairs unit offering a
sought-after balcony view. Boasting convenient proximity to
Downtown, the Medical Center, and the Museum District, this
property is recognized for its prime location. The expansive lot,
spanning 6,250 sqft (per HCAD), ensures ample parking space at both
the front and rear, catering to the needs of residents or
employees.
Unit Size
3,296Ft²
Days on Market
167 days
Land Size
-
Price per sqft
$281
Property Type
Multifamily
Property Taxes
$2,306
HOA Dues
-
Year Built
1928
Listed By
Last updated: 2 months ago (HAR #96199307)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2024 | Price Decreased |
$925,000
↓ $270K
(22.6%)
|
|
| Price Decreased | |||
| Jan 13, 2024 | Price Decreased |
$1,195,000
↓ $105K
(8.1%)
|
|
| Price Decreased | |||
| Nov 13, 2023 | Listed by Keller Williams Realty Northeast | $1,300,000 | |
| Listed by Keller Williams Realty Northeast | |||
Property Highlights
Interior Details
Bedroom Information
Bedrooms: 2
Interior Information
Flooring: Wood
Living Area SqFt: 3296
Exterior Details
Property Information
Year Built: 1928
Year Built Source: Appraisal District
Construction Information
Home Type: Multi-Family
Property Sub Type: Duplex
Construction materials: Brick, Wood
Roof: Composition
Financial Details
Total Taxes: $27,668
Tax Year: 2023
Tax Rate: 2.2019
Parcel Number: 052-221-000-0020
Compensation Disclaimer: The Compensation offer is made only to participants of the MLS where the listing is filed
Compensation to Buyers Agent: 3%
Utilities Details
Heating Type: Central Electric
Cooling Type: Central Gas
Location Details
Location: From Downtown, 59 South, exit Shepherd, turn right, continue then turn right on W. Alabama. The
building is located on the left.
Subdivision: Mandell Place
1640 W Alabama Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Commercial
Loft
8
Baths
-
$1,200,000
May 3, 2022
$1,200,000
Oct 13, 2022
$965/mo
Active
Multifamily
2
Beds
1
Bath
4,994 ft²
$250/ft²
$1,250,000
Aug 18, 2023
-
$1,297/mo
Active
Multifamily
3
Beds
2
Baths
3,638 ft²
$289/ft²
$1,050,000
Oct 8, 2023
-
$1,985/mo
Active
Multifamily
1
Bed
1
Bath
2,327 ft²
$645/ft²
$1,500,000
Mar 24, 2023
-
$1,022/mo
Active
Townhouse
3
Beds
4
Baths
3,150 ft²
$371/ft²
$1,169,000
Jun 28, 2023
-
$1,644/mo
In Contract
House
3
Beds
3
Baths
2,875 ft²
$407/ft²
$1,170,000
Nov 2, 2023
-
$1,529/mo
Active
Multifamily
Stu
-
2,510 ft²
$438/ft²
$1,100,000
Feb 10, 2023
-
$1,312/mo
In Contract
House
4
Beds
4
Baths
3,464 ft²
$314/ft²
$1,087,000
Nov 16, 2023
-
$904/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
1640 West Alabama Street
1640 West Alabama Street, Houston, TX 77006
- 1 Unit for Sale
About Central Houston
Similar Homes for Sale
Nearby Rentals
$2,400 /mo
- 1 Bed
- 1 Bath
- 809 ft²
$2,500 /mo
- 1 Bed
- 1 Bath
- 706 ft²
Listed by: Nazla Johnson, Keller Williams Realty Northeast
Last Updated: 2 months ago
Data Source: HAR , MLS# 96199307
Copyright © 2024, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 2 months ago
Data Source: HAR , MLS# 96199307
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
