#46870107, Dixie Bunting, Listing office: Realty Associates
9018 Grannis St Unit 4 Houston, TX 77075
Property details
About 9018 Grannis St Unit 4
Excellent turnkey investment opportunity offering an 8% cap rate! This fully remodeled and fully occupied fourplex features four spacious 2-bedroom, 1-bath units, each equipped with central air and heat, a generous kitchen with serving bar, electric stove, refrigerator, large pantry, and washer/dryer connections. Every unit also includes a private patio and individual storage space. Tenants enjoy off-street parking with ample guest parking as well. Each unit is separately metered for electricity, making management simple. With current market rents at $1,200 per unit, this property has the potential to gross $4,800 per month. Ideally located on a quiet street with easy access to Hobby Airport, Downtown Houston, major highways, the Medical Center, and more. Do not disturb tenants. Drive-by only.
Highlights
Summary
- Appliances: Dishwasher, Disposal
- Total Bedroom Count: 2
- Architectural Style: Fourplex
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $499,995
- Price/SqFt: $144
- Directions: South on I-45 South(Gulf Freeway) to the Airport/College exit. Go past Airport/College to East Haven Blvd. Turn right and continue to Grannis and turn right.
- Year Built: 1984
- Stories: 2
- Living Area: 3,468 SqFt
- MLS Number: 52836588
- MLS Name: HAR
- Office Name: eXp Realty LLC
- Office Phone: (888) 519-7431
- Office Email: tx.membership@exprealty.com
- Listing Agent: Jay Thomas
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Price information
Property sales
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Tax history
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Nearby schools
4
Rick Schneider Middle School
Public District 5-6
0.7 mi
•8420 Easthaven Blvd
5
Jessup Elementary School
Public District PK-4
0.8 mi
•9301 Almeda Genoa Rd
7
Beta Academy
Public Charter PK-1
1.0 mi
•9701 Almeda Genoa Rd
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 $60,096. Most Houston, TX residents have annual incomes between $35k-100k. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 9018 Grannis St Unit 4
The listing price of 9018 Grannis St Unit 4 property is $499,995.
The property 9018 Grannis St Unit 4 is a multi located in Houston, Texas, 77075.
Active Listing: 9018 Grannis St Unit 4 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 9018 Grannis St Unit 4 are: Rick Schneider Middle School (GreatSchools Rating 4/10), Jessup Elementary School (GreatSchools Rating 5/10), Beta Academy (GreatSchools Rating 7/10), Iltexas Houston Windmill Lakes Middle School (GreatSchools Rating 2/10), Yes Preparatory - Hobby (GreatSchools Rating 5/10), South Houston Intermediate School (GreatSchools Rating 4/10), Beta Academy (GreatSchools Rating 8/10), Iltexas Houston Windmill Lakes Orem High School (GreatSchools Rating 4/10), Texans Can Academy - Houston Hobby (GreatSchools Rating 1/10).
The property 9018 Grannis St Unit 4 is 3,468 SqFt (source: MLS/tax record).
The year of construction for 9018 Grannis St Unit 4 is 1984.
This home is located at 9018 Grannis St Unit 4 in Houston, TX and zip code 77075 in the Greater Hobby Area neighborhood. This 3,468 square foot home was built in 1984. Features: 2 bedrooms, 0 bathroom. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $499,995.
In June 2025 more than 322 listings in Houston, TX were sold above the asking price. During the same period more than 411 listings were sold at asking price, while more than 1379 were sold below. In June 2025 in Houston, TX there were 10.4% more homes for sale than in May. The median list price of listings available in June 2025 was $323,293, while the average time on the real estate market was 37 days.