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$700,000

  • For Sale
  • Active
  • Multi-Family
  • 10 Units
  • 10 Total Beds
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Turnkey 10-unit apartment complex fully occupied and cash flowing in the booming East Downtown Houston (EaDo) area, bringing in $8,700 per month in rental income. This prime investment opportunity immediate cash flows with all units currently leased and located in one of Houston's neighborhoods known for strong rental demand and low vacancy rates. The owner is open allowing a savvy investor to take over the and step into a performing asset. Don't miss this rare chance to own a stabilized multifamily property in one of the city's most dynamic markets.

Full Property Details for 7109 Ave E #12

General

  • Price: $700,000
  • Taxes: $7,502 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Houston
  • MLS ID: 38463050
  • Updated: 12/1/2025
  • Added to Site: 298 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 10
  • Full Bathrooms: 10

Bedrooms

  • Total Bedrooms: 10

Location

  • Area: 4
  • County: Harris
  • Subdivision: Magnolia Park Sec 02
  • Driving Directions: Head south on I-69, exit Lockwood Dr, turn left onto Lockwood Dr, right on Canal St, left on N Cesar Chavez Blvd, continue onto Avenue E.

School Information

  • Elem School District: 27 - Houston
  • Midd School District: 27 - Houston
  • High School District: 27 - Houston
  • Elementary School: FRANKLIN ELEMENTARY SCHOOL (HOUSTON)
  • Middle School: EDISON MIDDLE SCHOOL
  • High School: AUSTIN HIGH SCHOOL (HOUSTON)

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Window Unit

Structural Information

  • Architectural Style: Fourplex
  • Construction: Vinyl Siding
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 2,700
  • Sq. Ft. Source: Appraiser
  • Living Area: 2,700 Sq. Ft.
  • Year Built: 1930
  • Year Built Source: Appraiser

Lot Features

  • Lot Size Source: Other

Financial Considerations

  • Tax Amount: $7,502
  • Tax Year: 2024
  • Terms: Cash, FHA, Investor Financing, VA Loan

Disclosures and Reports

  • Legal Description: LTS 18 19 & 20 BLK 40 MAGNOLIA PARK SEC 2
  • Legal Disclosures: None
  • APN: 025-133-000-0018
  • Section: 12

Listed by Beycome Brokerage Realty, LLC (804) 656-5007, Steven Koleno (804) 656-5007

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Listing agent

— 7109 Ave E #12 —

  • Steven Koleno

    Beycome Brokerage Realty, LLC

    804-656-5007

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7109 Ave E #12

School District:Houston Independent School District
NameGradesDistance
Franklin Elementary School, Houston, TX
7101 Canal Street, Houston, TX 77011
K-50.1 mi
Edison Middle School
6901 Avenue I, Houston, TX 77011
6-80.3 mi
Austin High School, Houston, TX
1700 Dumble Street, Houston, TX 77023
9-122.1 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 7109 Ave E #12 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/19/2025
Price Reduced
$700,000
-39.13%
MLS
3/24/2025
Listed
$1,150,000
—
MLS
Get Price Alerts and Save Property
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 for 7109 Ave E #12

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,000
100%
$323,703
-7%
2023
-100%
$347,718
35%
2022
$5,666
8%
$257,337
14%
2021
$5,266
48%
$225,962
25%
2020
$3,549
-6%
$180,799
23%
2019
$3,769
-1%
$146,573
3%
2018
$3,812
-11%
$142,219
-12%
2017
$4,304
—
$160,798
—
2016
$4,315
9%
$161,105
10%
2015
$3,947
—
$146,995
6%
2015
$3,947
24%
$138,337
11%
2013
$3,188
—
$124,577
—
View All
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 for 7109 Ave E #12

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Beycome Brokerage Realty, LLC (804) 656-5007, Steven Koleno (804) 656-5007

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7109 Avenue E #12, Houston, TX 77011 (MLS# 38463050) is a Multi-Family property with 10 units containing 10 bedrooms and 10 full bathrooms. 7109 Avenue E #12 is currently listed for $700,000 and was received on March 24, 2025. Want to learn more about 7109 Avenue E #12? Do you have questions about finding other Multi-Family real estate for sale in Houston? You can browse all Houston real estate or contact a Coldwell Banker agent to request more information.

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