#78687008, Juan Salcedo, Listing Office: ASIN Realty
$5,344
closing credit¹
1310 Lorraine St Houston, TX 77009
Property details
About 1310 Lorraine St
Attention all Real Estate Entrepreneurs looking for your next MULTI-FAMILY PROJECT! Unlock its potential for great CASHFLOW! JUST 2 MILES FROM DOWNTOWN HOUSTON and a short walk to the Metro Rail/Bus Station, This property is strategically positioned to capitalize on the thriving rental market. This Craftsman-built 2 story structure is 4066 sf. The 1st floor features 5 bedrooms, huge living/dining rooms, kitchen, laundry room, and one full bath. Upstairs has a separate entrance and the 6 rental units share 2 bathrooms with showers, a kitchen, and a big balcony. Keep it as is for immediate cashflow, house hack, or let your imagination be your guide. Redevelop it into 2 to 4 luxury rental units or take advantage of the 1000s of residential neighbors by making it a mixed use retail below and rental above. Close to great restaurants, entertainment, and everything downtown including quick access to all the major highways to get you where you need to go. Make your appointment today.
Highlights
Summary
- MLS Number: 45368605
- MLS Name: HAR
- Office Name: RE/MAX Signature
- Office Phone: (713) 900-5003
- Office Email: roxanna.gross@gmail.com
- Listing Agent: Gregg Engle
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Last updated on: 2/1/2025, 5:16:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
1310 Lorraine St
$5,344
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Sherman Elementary School
Public District EE-5
0.1 mi
•1909 McKee St
7
Ketelsen Elementary School
Public District EE-5
0.5 mi
•600 Quitman St
5
Clemente Martinez Elementary School
Public District EE-5
0.9 mi
•901 Hays St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,260. Typical income of Houston, TX residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1310 Lorraine St in Houston, TX and zip code 77009 in the Central Houston neighborhood. This 4,066 square foot home was built in 1945. Features: 5 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $450,000.
While more than 225 listings in Houston, TX in December 2024 were sold above asking price, there were more than 343 listings sold at asking price, and more than 1173 were sold below. The number of homes for sale in Houston, TX increased by 6.1% between November and December 2024. In December 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $320,179.