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$434,000 Just Listed
Property Description
5-unit Property in East Houston. This property was renovated in 2023 by previous owner. This property includes two buildings: Main House-2 bed / 1 bath leased at $1,200/mo plus $100 towards electricity & tenant takes care of yard maintenance. Back building includes 4 studio units - bottom 2 units leasing at $650 & top 2 units leasing at $775. Unit 4 just became available and will be listed for lease. Back building tenants pay $50/ea towards electricity and $20/ea towards trash. Whether you're looking to expand your portfolio or jump into multifamily investing, this one's ready to go. Hard to beat the location, the condition, and the income. REO FORECLOSURE-Seller is Priority Investor Loans LLC.
Full Property Details
Full Property Details for 27 Norwood St
General
- Price: $434,000
- Taxes: $8,356 (2025)
- Status: Active
- Type: Multi-Family
- Source: Houston
- MLS ID: 55140188
- Updated: 4/16/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Quartz Counters
- Appliances: Disposal, Refrigerator
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: Electric Gate
Location
- Area: 4
- County: Harris
- Subdivision: Fullerton Place
- Driving Directions: I-10 E towards Downtown, take exit towards Jensen Dr. At roundabout take 3rd exit onto Navigation Blvd, right on N Delano St. Left on Canal St, Right on Norwood St.
School Information
- Elem School District: 27 - Houston
- Midd School District: 27 - Houston
- High School District: 27 - Houston
- Elementary School: BURNET ELEMENTARY SCHOOL (HOUSTON)
- Middle School: NAVARRO MIDDLE SCHOOL (HOUSTON)
- High School: AUSTIN HIGH SCHOOL (HOUSTON)
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: None
Structural Information
- Construction: Cement Siding, Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 2,121
- Sq. Ft. Source: Appraiser
- Living Area: 2,121 Sq. Ft.
- Year Built: 1935
- Year Built Source: Public Records
Lot Features
- Lot Size Source: Appraiser
- Lot Features: Other
Financial Considerations
- Operating Expenses: $29,136
- Tax Amount: $8,356
- Tax Year: 2025
- Terms: Cash, Conventional, Investor Financing
Disclosures and Reports
- Special Conditions: Real Estate Owned
- Legal Description: LT 10 BLK 3 FULLERTON PLACE
- Legal Disclosures: None
- Bank-owned: Yes
- APN: 015-011-000-0010
Listed by REALM Real Estate Professionals - North Houston (281) 377-7300, Christina DeLaTorre (832) 755-1231
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Schools
Schools serving 27 Norwood St
School District:Houston Independent School District
| Name | Grades | Distance |
|---|---|---|
Burnet Elementary School, Houston, TX 5403 Canal Street, Houston, TX 77011 | K-5 | 0.2 mi |
Navarro Middle 5100 Polk Street, Houston, TX 77023 | 6-8 | 0.9 mi |
Austin High School, Houston, TX 1700 Dumble Street, Houston, TX 77023 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 27 Norwood St
Date
Details
Price
Change
Source
4/16/2026
Listed
$434,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 27 Norwood St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,797
45%
$372,648
—
2023
$5,365
—
$372,648
40%
2022
$5,365
16%
$266,275
26%
2022
$4,640
12%
$210,740
18%
2021
$4,156
10%
$178,306
13%
2020
$3,780
-8%
$157,535
-2%
2019
$4,125
27%
$160,414
32%
2018
$3,252
15%
$121,319
14%
2017
$2,840
11%
$106,117
12%
2016
$2,549
—
$95,157
—
2015
$2,555
—
$95,157
9%
2015
$2,555
14%
$87,360
—
2013
$2,236
—
$87,360
—
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 27 Norwood St
27 Norwood Street, Houston, TX 77011 (MLS# 55140188) is a Multi-Family property with 5 units containing 2 bedrooms and 1 full bathroom. 27 Norwood Street is currently listed for $434,000 and was received on April 16, 2026. Want to learn more about 27 Norwood 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.
