$5,344

closing credit¹

1310 Lorraine St Houston, TX 77009

$450,000
5 beds
1 full
4,066 sqft
$111 / sqft
Multi-Family

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

Home typeMulti Family
HeatingCentral, Electric, Natural Gas, Other
StatusActive
CoolingCentral Air, Electric, Window Unit(s)
Size4,066 sqft
Year built1945
MLS #45368605

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

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

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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.

All data from GreatSchools

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.

How much money do the neighbors make?

47%
<35k
49%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

43%
Single, No Kids
16%
Single, with Kids
16%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
38%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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