$10,000 Closing Credit¹
#41719296, Amanda Smith, Listing Office: Boulevard Realty
$10,000
closing credit¹
1603 Welch St Houston, TX 77006
$1,899,000 List price
$10,000
Closing credit¹
1 bed
1 full
6,648 sqft
$286 / sqft
Multi-Family
Property details
About 1603 Welch St
Incredible opportunity to own two multi unit buildings with eight one bedroom apartments each. Total of 16 one bedroom apartment units. Each unit with one reserved parking. Wonderful Montrose location with high occupancy rate. Central uitlity room for each building. Each building with 8 units - 4 units on the ground floor and 4 units on the second floor. Both building with same floor plan and parking spaces (mirror image of each other). No carpet in units either tile floors or laminate floors. Some units with splits AC units and others with cool and heat window units. Each unit pays for their own electricity. Water fee is $25 per month for single occupancy. Additional $25 water fee per occupant. Tax record for each building as follows: 052-077-001-0004 for 1607 Welch and 052-077-001-0002 for 1603 Welch.
Highlights
Home typeMulti Family
HeatingOther
StatusActive
CoolingOther, Window Unit(s)
Size6,648 sqft
Year built1950
MLS #57930650
Summary
- MLS Number: 57930650
- MLS Name: HAR
- Office Name: Compass RE Texas, LLC - Houston
- Office Phone: (832) 899-4788
- Office Email: txbroker@compass.com
- Listing Agent: Dennis Pow-Sang
Disclaimer: 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: 2/6/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,899,000
1603 Welch St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
8
Arabic Immersion Magnet School
Public Magnet PK-5
1.0 mi
•4001 Stanford St
10
River Oaks Elementary School
Public Magnet EE-5
1.2 mi
•2008 Kirby Dr
5
Poe Elementary School
Public Magnet EE-5
1.6 mi
•5100 Hazard 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 $76,339. The majority of Houston, TX residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
20%
<35k
42%
35k-100k
22%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
4%
Single, with Kids
19%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
3%
12-17 yrs old
31%
18-34 yrs old
50%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1603 Welch St in Houston, TX and zip code 77006 in the Central Houston neighborhood. This 6,648 square foot home was built in 1950. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $1,899,000.
In January 2025 more than 183 listings in Houston, TX were sold above the asking price. During the same period more than 277 listings were sold at asking price, while more than 894 were sold below. Between December and January 2025, Houston, TX real estate market has seen increase in the number of listings by 20%. While the average time on the market in January 2025 was 51 days, the median list price was $320,805.
From Rocket Homes Real Estate and based on county public records data.