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306 E 40th 1/2 Street Houston, TX $ 749,900
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306 E 40th 1/2 Street
$ 749,900
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306 E 40th 1/2 Street

Houston, TX, 77018
$ 749,900
Bedrooms2 Baths1.0 Sq 2,084

Monthly Estimate*

$ 4,617

306 E 40th 1/2 Street, Houston, TX 77018 - Image 1
306 E 40th 1/2 Street, Houston, TX 77018 - Image 2
306 E 40th 1/2 Street, Houston, TX 77018 - Image 3
306 E 40th 1/2 Street, Houston, TX 77018 - Image 4
306 E 40th 1/2 Street, Houston, TX 77018 - Image 5
306 E 40th 1/2 Street, Houston, TX 77018 - Image 6
306 E 40th 1/2 Street, Houston, TX 77018 - Image 7
306 E 40th 1/2 Street, Houston, TX 77018 - Image 8
306 E 40th 1/2 Street, Houston, TX 77018 - Image 9
306 E 40th 1/2 Street, Houston, TX 77018 - Image 10

Multi-Family Home for sale in Houston, TX

for $749,900 with 2 bedrooms and 1 full bath. This 2,084 square foot home was built in 1965.

Welcome to 306 E 40th 1/2 St. a terrific triplex in the bustling neighborhood of Independence Heights. The gated property was recently taken down to the studs in 2024, the 3 unit complex is completely renovated and fully leased out generating over $50,000 in annual rental revenue with longterm tenants! Each unit features 2 bedrooms/1 bath with an open concept floor plan and in unit washer/dryer. The beautiful residences are finished with stainless steel appliances, shaker style cabinets, quartz countertops, LVP flooring, and designer tiles. Conveniently located just minutes from the Heights and Downtown with easy access to major highways 610, 45, and 59. This property is a great investment and won't last long!

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Multi-Family Active

Price

$ 749,900

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1965

Town/City

Houston

County/Region

Harris

MLS | Web ID

12728693
Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Available Water Available
Roof Composition
Appliances Disposal Microwave Refrigerator
Security Features Security Gate Fire Alarm
Construction Materials Cement Siding
Year Built 1965
Stories Count 1
Levels One
Property Subtype Triplex
County Harris
New Construction false
Property Type Residential Income
Energy Efficient Exposure/Shade HVAC Thermostat Windows
Subdivision Name WILLADALE
Facing Direction North
Full Baths 1
Status Active
Directions Heading north on Main from 610 make a left on 40th 1/2 street and property will be on the left
High School WASHINGTON HIGH SCHOOL
City Houston
Disclosures Owner Is Listing Agent Seller Disclosure
High School District 27 - Houston
Number Of Units Total 3
MLS Area 9
Lot Size Units Square Feet
Elementary School BURRUS ELEMENTARY SCHOOL
Middle/Junior High School WILLIAMS MIDDLE SCHOOL
MLS Area Minor Northwest Houston
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District 27 - Houston
Elementary School District 27 - Houston
Year Built Source Public Records
Property Sub Type Additional Triplex
Legal Description LT 3 BLK 21 WILLADALE SEC 3
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Interior
Interior Amenities Quartz Counters Ceiling Fan(s) Programmable Thermostat
Flooring Plank Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Low-Emissivity Windows
Laundry Features Washer Hookup Dryer Hookup
Total Bedrooms 2
Total Baths 1
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Exterior
Parking Features Electric Gate Paved
Lot Features Near Public Transit Subdivision
Lot Size Area 5005
Building Area Total 2084
Other Parking One
Lot Size Source Appraiser
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* Excluded Features
List By
Nan & Company Properties - Corporate Office (Heights)

Broker

andrew@nanproperties.com

Email

Affordability Calculator

$4,617
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Monthly Principal & Interest
$4,617
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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
WASHINGTON HIGH SCHOOL High School High School
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Pricing History
DatePricePrice ChangeDescription
3/17/2026$749,900 Listed Price

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306 E 40th 1/2 Street, Houston, TX, 77018 is a Multi-Family Home for sale at $749,900 with 2,084 sqft. 306 E 40th 1/2 Street has 2 bedrooms, 1.0 baths, and was built in 1965. The property's zip code is 77018 which is in Houston, TX

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