7109 Avenue Ave E Unit 12 Houston, TX 77011
Property details
About 7109 Avenue Ave E Unit 12
Turnkey 10-unit apartment complex fully occupied and cash flowing in the booming East Downtown Houston (EaDo) area, bringing in $10,700 per month in rental income. This prime investment opportunity offers immediate cash flow 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 with minimal upfront capital. Don’t miss this rare chance to own a stabilized multifamily property in one of the city's most dynamic markets.
Highlights
Summary
- MLS Number: 38463050
- MLS Name: HAR
- Office Name: Beycome Brokerage Realty, LLC
- Office Phone: (804) 656-5007
- Listing Agent: Steven Koleno
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: 4/21/2025, 5:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$700,000
7109 Avenue Ave E Unit 12
$8,313
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Franklin Elementary School
Public District EE-5
0.1 mi
•7101 Canal St
5
Gallegos Elementary School
Public District EE-5
0.4 mi
•7415 Harrisburg Blvd
5
Briscoe Elementary School
Public District EE-5
0.5 mi
•321 Forest Hill Blvd
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 $34,024. Most Houston, TX residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
This home is located at 7109 Avenue Ave E Unit 12 in Houston, TX and zip code 77011 in the Magnolia Park neighborhood. This 2,700 square foot home was built in 1930. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $700,000.
In March 2025, from all listings sold in Houston, TX there were more than 297 sold above asking price, over 1186 sold below and more than 360 were sold right at the asked price. Between February and March 2025, Houston, TX real estate market has seen increase in the number of listings by 29.2%. While the average time on the market in March 2025 was 47 days, the median list price was $322,766.