319 Melbourne Street Houston, TX ^$ 285,000

319 Melbourne Street

^$ 285,000

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319 Melbourne Street

Houston, TX, 77022

^$ 285,000

Bedrooms1 Baths1.0 Sq 1,620

Monthly Estimate*

^$ 1,991

319 Melbourne Street, Houston, TX 77022 - Image 1

319 Melbourne Street, Houston, TX 77022 - Image 2

319 Melbourne Street, Houston, TX 77022 - Image 3

319 Melbourne Street, Houston, TX 77022 - Image 4

319 Melbourne Street, Houston, TX 77022 - Image 5

319 Melbourne Street, Houston, TX 77022 - Image 6

Multi-Family Home for sale in Houston, TX

for $285,000 with 1 bedroom and 1 full bath. This 1,620 square foot home was built in 1955 on a lot size of 0.122819.

Fully occupied 3 unit multifamily property is conveniently situated near the heights. Building is fully occupied and is currently generating a monthly income of $2240, making it an attractive prospect for savvy investors. Additionally, all units are electric, eliminating the hassle of gas bills. Don't miss out on this lucrative investment in a sought-after location!

Multi-Family Active

Price

^$ 285,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,111

Style

Multi-Family

Lot Size

0.122819

Year Built

1955

Town/City

Houston

County/Region

Harris

MLS | Web ID

22417146

Features

General

Heating Window Unit

Roof Composition

Restrictions None

Full Baths 1

Year Built 1955

New Construction 0

Subdivision Paine Place

Stories 2

County Harris

Tax Rate 2.0148

Property Type Multi-Family

Yearly Taxes 3111

Tax Year 2023

Status Active

Sub Type Triplex

Directions Continue on I-45 N to N Loop E Fwy. Take exit 18 from I-610 E Continue on N Loop E Fwy. Drive to Melbourne St

City Houston

Disclosures Owner/Agent

School District 27 - Houston

Street Name Melbourne

Geo Market Area Northwest Houston

DOM 47

Maintenance Fee Y/N 0

Elementary School ROOSEVELT ELEMENTARY SCHOOL (HOUSTON)

High School NORTHSIDE HIGH SCHOOL

List Type Exclusive Right to Sell/Lease

Unit Total 3

Interior

Total Bedrooms 1

Total Baths 1.00

Exterior

Lot Size Source Appraisal District

Lot Size 5350

* Excluded Features

List By

Gmg Realty, Llc

Broker

mj@ghoreishi.co

Affordability Calculator

$2,250

Per Month

Monthly Principal & Interest: $1,991
Monthly Property Taxes: $259
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Houston, TX

Average List Price ^$698,590

Percent of Sale Price 145%

About Houston, TX

2,378,866 Population

18% Since 2002

^$51,620 Median Income

34.82 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1771846 Elementary School

4123158 Middle School

Northside High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2024	$285,000	-3.39%	Price Down
3/11/2024	$295,000		Listed Price

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319 Melbourne Street, Houston, TX, 77022 is a Multi-Family Home for sale at $285,000 with 1,620 sqft and a lot size of 0.122819. 319 Melbourne Street has 1 bedrooms, 1.0 baths, and was built in 1955. The property's zip code is 77022 which is in Houston, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange (IDX) Program of the Houston Realtors Information Service, Inc.

The information being provided is 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.

Data is updated as of 4/30/2024.

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319 Melbourne Street

Multi-Family Home for sale in Houston, TX

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