Date
Details
Price
Change
Source
2/17/2026
Listed
$1,490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,490,000 Just Listed
Property Description
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.
Full Property Details
Full Property Details for 1421 Marshall St
General
- Price: $1,490,000
- Taxes: $22,622 (2025)
- Status: Active
- Type: Multi-Family
- Source: Houston
- MLS ID: 11657272
- Updated: 2/18/2026
- Added to Site: 3 day(s) ago
Location
- Area: 16
- County: Harris
- Subdivision: Montrose
- Driving 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.
School Information
- Elem School District: 27 - Houston
- Midd School District: 27 - Houston
- High School District: 27 - Houston
- Elementary School: BAKER MONTESSORI SCHOOL
- Middle School: LANIER MIDDLE SCHOOL
- High School: LAMAR HIGH SCHOOL (HOUSTON)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Roof: Other
- Stories/Levels: 2
- Square Feet: 4,592
- Sq. Ft. Source: Appraiser
- Living Area: 4,592 Sq. Ft.
- Year Built: 1940
- Year Built Source: Public Records
Lot Features
- Lot Size Source: Appraiser
Financial Considerations
- Tax Amount: $22,622
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LT 18 BLK 75 MONTROSE
- Legal Disclosures: Seller Disclosure
- APN: 026-202-000-0018
- Section: 4
Listed by LPT Realty, LLC (877) 366-2213, Klodian Hoxha (281) 785-5170
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Listing agent
— 1421 Marshall St —
Klodian Hoxha
LPT Realty, LLC
281-785-5170
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1421 Marshall St
School District:Houston Independent School District
| Name | Grades | Distance |
|---|---|---|
Wilson Montessori 2100 Yupon Street, Houston, TX 77006 | K-8 | 0.6 mi |
Lanier Middle School 2600 Woodhead Street, Houston, TX 77098 | 6-8 | 0.6 mi |
Lamar High School 3325 Westheimer Road, Houston, TX 77098 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1421 Marshall St
Tax History
Tax History for 1421 Marshall St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,524
4%
$1,064,462
-5%
2023
$22,565
—
$1,124,298
—
2022
$22,565
4%
$1,119,973
14%
2022
$21,655
4%
$983,495
10%
2021
$20,869
2%
$895,393
5%
2020
$20,463
13%
$852,850
14%
2019
$18,082
13%
$746,719
18%
2018
$15,996
12%
$632,126
12%
2017
$14,293
-5%
$565,765
-1%
2016
$15,106
-1%
$569,258
-1%
2015
$15,232
—
$572,588
6%
2015
$15,232
25%
$541,255
14%
2013
$12,183
—
$476,076
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1421 Marshall St
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1421 Marshall Street, Houston, TX 77006 (MLS# 11657272) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 1421 Marshall Street is currently listed for $1,490,000 and was received on February 17, 2026. Want to learn more about 1421 Marshall Street? Do you have questions about finding other Multi-Family real estate for sale in Downtown Houston? You can browse all Downtown Houston real estate or contact a Coldwell Banker agent to request more information.