See Home Value
$220,000 Last Listed Price
● House - Off Market

3321 Memel Street

Houston, TX 77026
bedrooms
9 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,395 Ft²
$228,809
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Welcome to Memel Street Fourplex! Great opportunity as investment fourplex for investor/handyman or rehab project for buyer(s) looking to bring it to tip-top shape. Four separate units with potential for income-generation from all four units after remodel. The first and second units (blue houses) are livable and are currently being rented to tenants (month-to-month); need some TLC and updating. The third and fourth units (beige houses) need complete rehab/remodel. First unit is a 2 bed/1.5 bath with 600 sq ft. The second unit is 3 bed/2 bath with 975 sq ft. The third and fourth units are each 680 sq ft and floor plans for rehab are flexible to suit your needs/wants. Prime location only minutes from Downtown, Midtown, EADO, and the Heights. Easy access to major highways. Ample parking in gravel driveway on property. Take this "blank canvas" and make it your own adding your personal touches and updates. Don't wait... Give us a call... this gem is ready to be yours!
Unit Size
2,395 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$92
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1958

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (HAR #43340950)

Price History

Date / Event Date Event Price
Sep 14, 2022 Sold
Sold
Jun 8, 2022 Listed by ST & A, Realtors $220,000
Listed by ST & A, Realtors
Welcome to Memel Street Fourplex! Great opportunity as investment fourplex for investor/handyman or rehab project for buyer(s) looking to bring it to tip-top shape. Four separate units with potential for income-generation from all four units after remodel. The first and second units (blue houses) are livable and are currently being rented to tenants (month-to-month); need some TLC and updating. The third and fourth units (beige houses) need complete rehab/remodel. First unit is a 2 bed/1.5 bath with 600 sq ft. The second unit is 3 bed/2 bath with 975 sq ft. The third and fourth units are each 680 sq ft and floor plans for rehab are flexible to suit your needs/wants. Prime location only minutes from Downtown, Midtown, EADO, and the Heights. Easy access to major highways. Ample parking in gravel driveway on property. Take this "blank canvas" and make it your own adding your personal touches and updates. Don't wait... Give us a call... this gem is ready to be yours!

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 4
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: 6
  • Building Quality: 13
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,060
  • Total Building Area: 2,935
  • Gross Building Area: 2,935
  • Building Area: 2,935
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 3
  • Heated Square Feet: 2,935
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRANE STREET WOODS SEC 5
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • State Land Use Code: A1
  • Legal Description 1: LT 55 BLK 3 CRANE STREET WOODS SEC 5

Neighborhood

  • School District Name: Houston Independent School District
  • School Tax School District: HOUSTON ISD
  • Census Tract: 210900

Geography

  • Assessors Map Reference: 5459D
  • Account Number: 0701070120055
  • District: 061
  • Parcel: 070-107-012-0055
  • Block: 3
  • Lot: 55
  • Municipality: CITY OF HOUSTON
  • Latitude: 29.8024
  • Longitude: -95.3352

    Address

  • Full Address: 3321 Memel St
  • Address - House Number: 3321
  • Address - Street Name: Memel
  • Address - Suffix Type: St
  • State: TX
  • City Name: Houston
  • Carrier Code: C002
  • 4-Digit Zip Code: 3342
  • Zip Code: 77026

Valuation

    Tax

  • Total Area: 659
  • Tax Year: 2022
  • Tax Amount: $365,780
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 67
  • Final Value: 279,361
  • High Value: 344,270
  • Low Value: 214,453

    Market Valuation

  • Market Total Value: $166,121
  • Market Land Value: $41,400
  • Market Improvement Value: $124,721

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $166,121
  • Assessed Land Value: $41,400
  • Assessed Improvements Value: $124,721

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 463707
  • Previous Sale Recording Date: Aug 20, 2012
  • Previous Sale Contract Date: Jan 17, 2012
  • Previous Sale Amount: $90,100
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northeast Houston


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5915 Lavender Street, TX, 77026

$3,000 /mo

  • Studio
5915 Lavender Street, TX, 77026 Listing by Paul Kamau
Unit for rent at 3518 Orange St, Houston, TX, 77020

$995 /mo

  • 1 Bed
  • 1 Bath
  • 545 ft²
3518 Orange St, Houston, TX, 77020 Listing by Liz Guevara Backman
Unit for rent at 5405 Suez Street, TX, 77020

$950 /mo

  • 1 Bed
  • 1 Bath
5405 Suez Street #4, TX, 77020 Listing by Joseph Landes


Frequently Asked Questions

When was property at 3321 Memel Street built and last sold?
The property at 3321 Memel Street was built in 1958 and last sold on Sep 9, 2022 for $252,700.
How much is this home worth?
The estimated value of the home located at 3321 Memel Street is $224,893.
What are some comparable homes to 3321 Memel Street?
There are currently no comparable homes to 3321 Memel Street.