Check Availability
$669,999
Multifamily - For Sale

2526 Appian Way

New Caney, TX 77357
bedrooms
2 Beds
bathrooms
1 Bath
square feet
3200 Sqft
$4,468
Estimated Monthly
2.14%
Cap Rate

About This Property

This fourplex is a prime investment opportunity, currently fully leased. It underwent an extensive remodel in 2022, which included updates to the sewer, plumbing, and electrical panels. Enhancements were made for added convenience and luxury, such as installing laundry rooms in each unit, soft-closing kitchen cabinets, and granite countertops. The property also saw improvements in energy efficiency with added insulation in the exterior walls and attic. Exterior upgrades include a newly added parking lot, while the interior boasts completely renovated bathrooms featuring new tile, vanities, toilets, tubs, and fixtures. Additionally, all doors and windows were replaced, and two units received brand-new air conditioning systems, with the remaining two systems, only a few years old, being serviced. The property offers additional land, presenting the potential for expansion by adding more units, which could significantly increase revenue.
Unit Size
3,200Ft²
Days on Market
67 days
Land Size
-
Price per sqft
$209
Property Type
Multifamily
Property Taxes
$1,178
HOA Dues
-
Year Built
1980

Listed By

Last updated: 28 days ago (HAR #96904634)

Price History

Date / Event Date Event Price
May 4, 2024 Relisted $669,999
Relisted
Apr 27, 2024 In contract -
In contract
Apr 19, 2024 Price Decreased $669,999
↓ $30K (4.3%)
Price Decreased
Mar 25, 2024 Listed by Connect Realty.com $699,999
Listed by Connect Realty.com

Property Highlights

Air Conditioning
Interior Details

Bedroom Information

Bedrooms: 2

Bathroom Information

Full Bathrooms: 1

Interior Information

Flooring: Tile
Living Area SqFt: 3200
Exterior Details

Property Information

Year Built: 1980
Year Built Source: Appraisal District

Construction Information

Home Type: Multi-Family
Property Sub Type: Fourplex
Construction materials: Brick
Roof: Composition

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
3 Beds
2 Baths
4,179 ft²
$590,000 Mar 7, 2022
$531,000 - $649,000 Jun 8, 2022
$907/mo
House
4 Beds
3 Baths
2,649 ft²
$564,600 Apr 1, 2023
$508,000 - $620,000 Nov 9, 2023
$125/mo
House
4 Beds
3 Baths
2,302 ft²
$245/ft²
$565,000 Nov 4, 2023
-
$100/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

2526 Appian Way 2526 Appian Way, New Caney, TX 77357
  • 1 Unit for Sale
More about this Building
2526 Appian Way
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