$499,900

412 N 8th Street, South Houston, TX 77587

  • 2 beds |
  • 1 bath |
  • 3,123 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon7,192sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $160/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

Deal of the Year! Investors, seize this rare opportunity to own a stabilized mixed-use property delivering a strong 9% CAP rate and instant cash flow—now reduced by $85,000 since last year for a quick sale! Situated on a 7,190 SF lot with no HOA and no flood zone, this solid 3,123 SF building features a long-standing restaurant tenant paying $3,200/month on a 3-year lease plus two residential units leased at $1,000/month each, providing consistent income. Additional upside potential by leasing two unused on-site storage units. This property combines stability, prime location, and appreciation potential in one unbeatable package. Loan estimate and supporting documents available - attached to the listing. Watch video. Act fast—opportunities like this rarely last!

Listing Status:
Active
Date Added:
November 8, 2025 at 06:00AM
Listing Office:
The Sears Group : 713-357-0068
Listing Agent:
Kate Myhan : 1+713-855-0588
MLS ID:
22148781
  • A/C: Electric
  • Heating: Electric
  • Roofing: Wood
  • General: 2
  • Originating MLS: Houston Association of Realtors
  • School District: 41 - Pasadena
  • County: Harris
  • Zoning: TR 82B-1 SOUTH HOUSTON GARDENS SEC 10341930000381
  • Source: Houston Association of Realtors

This listing courtesy of Kate Myhan, The Sears Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pearl Hall Elementary School

1504 9th St, South Houston, TX, 77587

Grades PK-4

0.75 miles away

Q

Queens Intermediate School

14521 Queens Rd, Pasadena, TX, 77017

Grades 7-8

1.05 miles away

S

South Houston High School

3820 S Shaver St, South Houston, TX, 77587

Grades 9-12

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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