1529 Welch ST Houston, TX 77006
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $215
Subdivision Cherryhurst
MLS Listing ID 75281880
Bedrooms 2
Full Baths 1
Year Built 1925
Annual Tax Amount $13,740
Tax Year 2023
Lot Size 5,000 Sqft
Property Sub-Type Triplex
Property Description
Walkable. Rentable. Profitable.
Unbeatable location—just steps from the prestigious River Oaks Shopping Center and walking distance from the best of Montrose.
This classic 1920s red brick triplex blends historic charm with investment power. It features a spacious up/down duplex (each unit 2 bed / 1 bath) full of character: original hardwoods, vintage details, and timeless appeal. Out back, a detached 1 bed / 1 bath garage apartment offers extra income potential.
Current rents are well below market, creating instant value for the next owner. The garage apartment is poised to lease quickly at $1,150/month. Projected gross rental income for the property: $4,100/month—with plenty of headroom for increases.
Recent updates include new HVACs, electrical and plumbing improvements, and thoughtful renovations that preserve the home's historic feel while adding modern reliability. (Please do not disturb tenants.)
Location
State TX
County Harris
Area Montrose
Interior
Heating Central Gas, Window Unit
Cooling Central Electric, Window Units
Flooring Tile, Wood
Exterior
Roof Type Composition
Building
Faces North
Story 2
Unit Features Balcony,Hardwood Floors,Patio,Window Coverings
Structure Type Brick,Wood
New Construction No
Schools
Elementary Schools Baker Montessori School
Middle Schools Lanier Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Senior Community No
Restrictions None
Tax ID 038-258-000-0003
Energy Description Ceiling Fans,Digital Program Thermostat,North/South Exposure
Acceptable Financing Cash Sale, Conventional, Investor, Seller May Contribute to Buyer's Closing Costs, VA
Tax Rate 2.0148
Disclosures Sellers Disclosure, Tenant Occupied
Listing Terms Cash Sale, Conventional, Investor, Seller May Contribute to Buyer's Closing Costs, VA
Financing Cash Sale,Conventional,Investor,Seller May Contribute to Buyer's Closing Costs,VA
Special Listing Condition Sellers Disclosure, Tenant Occupied
