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Sold 11 months ago

$650,000

7+ bd 6+ ba 0 sqft

306 Stiles Street, Houston, TX 77011

Residential Quadplex Occupied

Current Rent **

$4,750

Projected Rent **

$6,550

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $1,700
  • Bedroom: 2 bd
  • Bathroom: 2 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $1,700
  • Bedroom: 2 bd
  • Bathroom: 2 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 3 Details
  • Current Rent: $1,350
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 4 Details
  • Current Rent:
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No

Houston Cash-Flowing FOURPLEX For Investors and House Hackers

**Attention Investors and House Hackers!** PLEASE DO NOT DISTURB TENANTS Check out this beautifully renovated fourplex (4 units) featuring two spacious 2-bedroom, 2-bath units in the front and two units in the back—one with 1 bed/1 bath, and the other with 2 bedrooms / 1 bath. Potential to add a 5th building! Unit A and B are currently renting for $1,700 each, Unit D is renting for $1,300. Unit C is vacant to allow showing and will easily rent for $1,350. See Attached Rent Roll and Details. All leases end Aug in 2025. The owner pays water & electricity You can only see vacant unit C. Access to Units A, B and D will be granted once your offer is accepted. Leases will be provided upon executed contract. This area is experiencing significant growth. This property offers the perfect opportunity to live in one unit while collecting rent from the others. The front units are stunning, boasting tall ceilings and gorgeous bathrooms. Don’t miss this chance in a prime location—schedule your showing today!

You can only show vacant unit C. Access to Unit A, B and D will be granted once your offer is accepted. See Attached Financials. All leases end Aug 2025. Leases will be provided upon executed contract. PLEASE DO NOT DISTURB TENANTS. Please Submit Your Best Offer along with Proof of Fubs Today before it's too late. See attached OFFER INSTRUCTIONS on MLS attachment. $30 Option Fee/day and 7 days max. Go and show this property today and submit your offer. Send offer to [email protected] AND COPY [email protected]

Location:

306 Stiles Street, Houston, TX 77011

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.