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1421 Marshall Street Houston, TX $ 1,490,000
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1421 Marshall Street
$ 1,490,000
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1421 Marshall Street

Houston, TX, 77006
$ 1,490,000
Baths0.0 Sq 4,592

Monthly Estimate*

$ 9,174

​
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Studio

Multi-Family Home for sale in Houston, TX

for $1,490,000. This 4,592 square foot home was built in 1940.

Rare investment opportunity in the heart of desirable Montrose! A fully upgraded 12-unit studio apartment building located at 1421 Marshall Street, nestled in one of Houston’s most vibrant and walkable neighborhoods. This classic Montrose property features modern finishes throughout, strong rental demand, and an 80% occupancy rate, providing immediate cash flow with upside potential. Each unit has been thoughtfully remodeled with contemporary touches new stainless steel appliances, modern vinyl plank flooring, efficient A/C systems, and quality fixtures — making them highly appealing to today’s renters. The gated building offers secure access and is just steps from some of Montrose’s best dining, nightlife, boutiques, art galleries, and transit options. This turnkey asset is ideal for investors seeking stable occupancy, value-add potential, and ownership in a premier inner-loop neighborhood.

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Multi-Family Active

Price

$ 1,490,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 22,622

Style

Year Built

1940

Town/City

Houston

County/Region

Harris

MLS | Web ID

11657272
Features
General
Heating Central Electric
Cooling Central Air Electric
Roof Other
Year Built 1940
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
County Harris
New Construction false
Property Type Residential Income
Subdivision Name Montrose
Status Active
Directions From Downtown Houston take I-10 East. Exit Waco Street and turn right onto Waco St. Turn left onto Navigation Blvd then right onto Marshall Street. The property will be on your left. Unit #4 is located within the complex at 1421 Marshall Street.
High School LAMAR HIGH SCHOOL (HOUSTON)
City Houston
Disclosures Seller Disclosure
High School District 27 - Houston
Number Of Units Total 12
MLS Area 16
Lot Size Units Square Feet
Elementary School BAKER MONTESSORI SCHOOL
Tax Annual Amount 22622
Middle/Junior High School LANIER MIDDLE SCHOOL
MLS Area Minor Montrose
Standard Status Active
Middle/Junior School District 27 - Houston
Elementary School District 27 - Houston
Year Built Source Public Records
Legal Description LT 18 BLK 75 MONTROSE
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Size Area 5950
Building Area Total 4592
Lot Size Source Appraiser
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* Excluded Features
List By
Lpt Realty, Llc

Broker

ian@illyriarealty.com

Email

Affordability Calculator

$11,059
Per Month
83%
17%
0%
Monthly Principal & Interest
$9,174
Monthly Property Taxes
$1,885
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
LAMAR HIGH SCHOOL (HOUSTON) High School High School
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Pricing History
DatePricePrice ChangeDescription
2/18/2026$1,490,000 Listed Price

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1421 Marshall Street, Houston, TX, 77006 is a Multi-Family Home for sale at $1,490,000 with 4,592 sqft. 1421 Marshall Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 77006 which is in Houston, TX

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