1 /
40
Map
$798,000
↓ $90K (10.1%)
●
Multifamily -
For Sale
324 W Alabama Street
Houston, TX 77006
1 Bed
1 Bath
4103 Sqft
$5,488
Estimated Monthly
$0
HOA / Fees
0.23%
Cap Rate
About This Property
Here is your Opportunity to own an Income Producing 4 plex in
Montrose/Midtown. This classic Montrose 4 plex was built in 1900.
Each of the units offers full kitchen, bathroom, bedroom, and
living space. Central AC/Heat with Window Units in each unit. All
units include unique period features like Claw Tub, built in China
Cabinet, Sun Room, Balcony, 2 entrances. Unit 2 features a loft
area. Laundry Building on Property. One unit is rented with a long
term tenant (March 2024). One unit is listed for rent. The two
furnished units have been short term rentals and usually remain
full due to properties location close to Med Center, Downtown.
Photos are of short term units 1 and 4. Additional Photos Coming
Soon.
Unit Size
4,103Ft²
Days on Market
161 days
Land Size
-
Price per sqft
$194
Property Type
Multifamily
Property Taxes
$1,569
HOA Dues
-
Year Built
1900
Listed By
Last updated: 8 days ago (HAR #69528941)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2024 | Price Decreased |
$798,000
↓ $90K
(10.1%)
|
|
| Price Decreased | |||
| Mar 24, 2024 | Relisted | $888,000 | |
| Relisted | |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2023 | Listed by Vylla Home | $888,000 | |
| Listed by Vylla Home | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Driveway Gate, Paved Area
Interior Details
Bedroom Information
Bedrooms: 1
Bathroom Information
Full Bathrooms: 1
Interior Information
Flooring: Tile, Vinyl, Wood
Living Area SqFt: 4103
Exterior Details
Property Information
Year Built: 1900
Year Built Source: Appraisal District
Construction Information
Home Type: Multi-Family
Property Sub Type: Fourplex
Construction materials: Brick
Roof: Composition
Financial Details
Total Taxes: $18,827
Tax Year: 2023
Tax Rate: 2.2019
Parcel Number: 037-036-000-0015
Compensation Disclaimer: The Compensation offer is made only to participants of the MLS where the listing is filed
Compensation to Buyers Agent: $1
Utilities Details
Utilities: Cable, Electric, Gas, Water
Heating Type: Central Gas
Cooling Type: Central Electric, Window Units
Location Details
Location: From Westheimer, turn left on W Alabama, house is on the right. Driving gate is located on right side of the house
Subdivision: Westmoreland
Access: Driveway Gate
324 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
Multifamily
1
Bed
-
4,400 ft²
$650,000
Mar 19, 2019
$585,000 - $715,000
Apr 30, 2019
$2,083/mo
Sold
Multifamily
1
Bed
1
Bath
3,820 ft²
$725,000
Feb 12, 2021
$653,000 - $797,000
Jul 19, 2021
-
Sold
Multifamily
Stu
-
3,648 ft²
$813,000
Apr 27, 2022
$732,000 - $894,000
May 31, 2022
$1,446/mo
Sold
Multifamily
1
Bed
1
Bath
4,148 ft²
$920,000
Feb 12, 2020
$828,000 - $1,012,000
Sep 2, 2020
$1,162/mo
Multifamily
Stu
-
3,086 ft²
$859,500
Apr 27, 2021
$774,000 - $944,000
Aug 25, 2021
$1,581/mo
Sold
Multifamily
2
Beds
2
Baths
3,162 ft²
$735,000
Apr 28, 2021
$662,000 - $808,000
Sep 8, 2021
$1,700/mo
Active
Multifamily
1
Bed
1
Bath
3,696 ft²
$241/ft²
$890,000
Dec 18, 2023
-
$2,221/mo
Active
Multifamily
2
Beds
-
3,296 ft²
$281/ft²
$925,000
Nov 13, 2023
-
$2,306/mo
Active
Multifamily
2
Beds
2
Baths
2,704 ft²
$295/ft²
$799,000
Mar 22, 2024
-
$1,140/mo
In Contract
Multifamily
1
Bed
1
Bath
2,540 ft²
$354/ft²
$900,000
Feb 29, 2024
-
$1,153/mo
Active
Multifamily
3
Beds
2
Baths
4,244 ft²
$224/ft²
$950,000
Jul 6, 2023
-
$1,271/mo
Active
Multifamily
3
Beds
2
Baths
3,776 ft²
$261/ft²
$985,000
Feb 12, 2024
-
$1,904/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/03/2019
|
|
Studio
|
-
|
4306 ft²
|
$775,000
Studio
-
4306 ft²
|
-
-
|
-
|
Joel Bouldin
Keller Williams - Houston SW
|
|
10/04/2018
|
1 Bed
|
1 Bath
|
4103 ft²
|
$975
1 Bed
1 Bath
4103 ft²
|
-
-
|
-
|
Joel Bouldin
Keller Williams - Houston SW
|
|
|
10/02/2018
|
2 Bed
|
1 Bath
|
1500 ft²
|
$1,550
2 Bed
1 Bath
1500 ft²
|
-
-
|
-
|
Joel Bouldin
Keller Williams - Houston SW
|
|
|
10/02/2018
|
1 Bed
|
1 Bath
|
1000 ft²
|
$1,225
1 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
Joel Bouldin
Keller Williams - Houston SW
|
|
|
07/16/2018
|
|
Studio
|
-
|
4103 ft²
|
-
Studio
-
4103 ft²
|
-
-
|
-
|
-
|
Building Info
324 West Alabama Street
324 West Alabama Street, Houston, TX 77006
- 1 Unit for Sale
About Central Houston
Similar Homes for Sale
Nearby Rentals
$1,740 /mo
- 1 Bed
- 1 Bath
- 822 ft²
$1,755 /mo
- Studio
- 1 Bath
- 570 ft²
Listed by: Richard Hall, Vylla Home
Last Updated: 8 days ago
Data Source: HAR , MLS# 69528941
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: 8 days ago
Data Source: HAR , MLS# 69528941
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
