For Sale

Montrose Multifamily Portfolio — 2 Properties

306 Hawthorne St & 2420 McDuffie St, Montrose, Houston, TX · Multifamily

Two-story apartment building with covered parking in Montrose, Houston

Two multifamily properties in Montrose. Steady income today, redevelopment upside tomorrow.

More information

Two multifamily properties in the heart of Montrose, one of Houston's most desirable and walkable inner-loop neighborhoods. Both sit on streets surrounded by million-dollar homes, minutes from Downtown, the Museum District and the restaurants and shops along Westheimer.

Hold both for steady cash flow, or redevelop. 2420 McDuffie can be torn down and replaced with 4–5 patio homes, the same transformation already happening up and down the street.

Highlights

  • Two properties sold together
  • Prime inner-loop Montrose location
  • Stable rental income from day one
  • Redevelopment option: 4–5 patio homes at 2420 McDuffie