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$1,625,000   Price Analysis
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2518 Grant St
Houston, TX 77006
5 bed 1 bath 2,312 SqFt ($702/SqFt)
8,100SqFt lot. Built 1939
Listed 2024-02-17, Taxes $19,703
Ⓧ USDA Ineligible
due to price & location

near Houston

An Incredible Income Producing property in ever popular Montrose with a fourplex and duplex in the rear.

Tons of character with hardwood floors throughout some units, plus windows everywhere allowing lots of soft light in. Some units have a 4 claw bathtub and brand new recently installed kitchen cabinets and countertops. Property fully occupied with strong & steady income. Has always been maintained. Strong investment property in Prestigious Montrose. Location helps to ensure that your investment will continue to produce & grow for decades.

In a wonderful neighborhood, with an impeccable location. All 6 units have tons of windows allowing lots of soft light giving a warm home field, helping tenants to love their home a nd stay long-term. This location is near impossible to beat. Located directly across from dozens of restaurants & night clubs. In a prfect location for walking to cafs, restaurants, & bars. A popular property sought after by both investors and developers.


Presented by Gabriel Torre at
Texas Ally Real Estate Group.


Property MLS #45329439 from Houston

Bedrooms: 5

Total Bathrooms: 1
Full Bathrooms: 1

Cooling Features: Central Electric, Window Units
Heating Features: Central Electric, No Heating

Lot Size Acres: 0.1859504
Lot Size Source: Appraisal District
Lot Size Square Feet: 8100

Existing Lease Type: 1 Year, Month to Month

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: WILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY
High School: LAMAR HIGH SCHOOL (HOUSTON)
Middle School: GREGORY-LINCOLN MIDDLE SCHOOL
School District: 27 - Houston

Wharton Dual Language Academy is a public elementary and middle school located approximately 0.5 miles away.
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Lamar High School is a public high school located approximately 2.2 miles away.
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The Harris School is a private elementary school located approximately 0.2 miles away.
directions icon Map directions

Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Unit-1 Description: Bedroom 1 Dimensions: 16x16, Bedroom 2 Dimensions: 15x14
Unit-2 Description: Bedroom 1 Dimensions: 16x16
Unit-3 Description: Bedroom 1 Dimensions: 15x12
Unit-4 Description: Bedroom 1 Dimensions: 15x12
Unit-5 Description: Bedroom 1 Dimensions: 19x9
Unit-6 Description: Bedroom 1 Dimensions: 19x9

Annual Tax Amount: 20148
Source Listing Status: Active
County: Harris
Directions: From Westheimer and Montrose head East, turn left on first street which is Grant. Pass two streets, property will be on left side.
Tax Year: 2023
Source Property Type: Multi-Family
Area: 16
Source Neighborhood: Hyde Park
Parcel Number: 018-010-000-0008
Postal Code Plus 4: 2834
Public Survey Section: 1
Subdivision: Hyde Park
Property Subtype: 5 Plus
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$230,641 + $664,200
$894,841
$19,703
2021$198,520 + $688,500
$887,020
$20,673
2020$172,927 + $688,500
$861,427
$20,669
2019$144,432 + $567,000
$711,432
$17,227
2018$10,000 + $567,000
$577,000
$14,600
2017$21,943 + $526,500
$548,443
$13,855
2016$22,001 + $526,500
$548,501
$14,554
2015$4,528 + $526,500
$531,028
$14,126
2014$23,930 + $486,000
$509,930
$13,108
2013$10,000 + $405,000
$415,000
$10,619
2012$unknown + $unknown
$353,954
$10,231
2011$unknown + $unknown
$352,063
$9,344
2010$unknown + $unknown
$334,000
$9,654
2009$unknown + $unknown
$300,000
$8,659
2008$unknown + $unknown
$325,000
$9,390
2007$unknown + $unknown
$260,693
$1,657

Listed 2024-02-17
$1,625,000
Houston
Listing removed 2024-01-22
$1,550,000
Houston
Listed 2022-09-14
$1,550,000
Houston
Listing removed 2022-09-02
$1,498,500
Houston
Listing removed 2019-07-17
$845
Houston
Listing removed 2019-05-23
$845
Houston
Listed for rent 2019-05-18
$845
Houston
Listing removed 2018-03-13
$750
Houston
Price Changed for rent 2018-03-12
$750
Houston
Listed for rent 2018-02-21
$850
Houston

Total Square Feet Living: 2312
Year Built: 1939
Levels: 2
Living Area Source: Appraisal District
Property Age: 85
Roof: Composition
Levels or Stories: 2
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.