Date
Details
Price
Change
Source
2/19/2026
Listed
$875,000
—
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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Property Description
Prime investment opportunity in Houston's 5th Ward. This income-producing property spans 11 total lots and features 5 duplexes (10 total units), individually metered and all currently leased, delivering immediate cash flow from day one. Positioned on a corner at the end of a dead-end street, the site offers limited through traffic while still providing access from two separate streets-an ideal setup for tenants and future development. The property backs to industrial and rail, supporting steady rental demand in a strong working corridor. Located within an Opportunity Zone, this asset presents potential tax advantages and long-term upside. In addition to the existing duplexes, there are two tear-down structures and room to build up to 4 additional duplexes (8 more units). At the current pricing, the property is operating at an 8%+ cap rate with all units leased-offering strong in-place returns with clear expansion potential in one of Houston's rapidly growing submarkets.
Full Property Details
Full Property Details for 5817 Downing St
General
- Price: $875,000
- Taxes: $7,921 (2025)
- Status: Active
- Type: Multi-Family
- Source: Houston
- MLS ID: 34047683
- Updated: 2/19/2026
- Added to Site: 1 day(s) ago
Location
- Area: 2
- County: Harris
- Subdivision: None
- Driving Directions: From I-10 East Take Exit 771B left on Lockwood Dr., Right on Lyons Ave. to Shotwell St. Property is on the corner.
School Information
- Elem School District: 27 - Houston
- Midd School District: 27 - Houston
- High School District: 27 - Houston
- Elementary School: ELIOT ELEMENTARY SCHOOL
- Middle School: MCREYNOLDS MIDDLE SCHOOL
- High School: WHEATLEY HIGH SCHOOL
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Other
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Water Available
Structural Information
- Construction: Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Year Built: 1940
- Year Built Source: Public Records
Lot Features
- Lot Size Source: Appraiser
- Lot Dimensions: 290 x 90
- Lot Features: Cleared, Corner Lot
Financial Considerations
- Tax Amount: $7,921
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: LTS 1 THRU 11 BLK 3 SMITH
- Legal Disclosures: Other
- APN: 062-045-003-0001
- Section: NA
Listed by Top Guns Realty on Lake Conroe (936) 582-1700, Evan Ballew (936) 290-0206 and Top Guns Realty on Lake Conroe (936) 582-1700, Emily Rollins (713) 295-1994
We Value Your Privacy
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Listing agents
— 5817 Downing St —
Evan Ballew
Top Guns Realty on Lake Conroe
936-290-0206
Emily Rollins
Top Guns Realty on Lake Conroe
713-295-1994
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5817 Downing St
School District:Houston Independent School District
| Name | Grades | Distance |
|---|---|---|
Eliot Elementary School 6411 Laredo Street, Houston, TX 77020 | K-5 | 0.4 mi |
Mcreynolds Middle School 5910 Market Street, Houston, TX 77020 | 6-8 | 1.1 mi |
Wheatley High School 4801 Providence Street, Houston, TX 77020 | 9-12 | 1.1 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 5817 Downing St
Tax History
Tax History for 5817 Downing St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,288
65%
$372,735
-6%
2020
$5,015
1%
$396,106
18%
2022
$4,955
—
$336,143
58%
2021
$4,955
49%
$212,607
-3%
2020
$3,322
-26%
$218,375
18%
2019
$4,496
5%
$185,659
10%
2018
$4,271
—
$168,781
—
2017
$4,264
—
$168,781
—
2016
$4,268
—
$168,781
—
2015
$4,279
—
$168,781
-4%
2015
$4,279
-5%
$175,850
—
2013
$4,500
—
$175,850
—
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 5817 Downing St
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 4Total Baths
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 5Total Baths
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5817 Downing Street, Houston, TX 77020 (MLS# 34047683) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 5817 Downing Street is currently listed for $875,000 and was received on February 19, 2026. Want to learn more about 5817 Downing 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.