INVESTORS OPPORTUNITY - FOUR UNITS MULTIFAMILY PROPERTY, Northwest Houston. This four-unit apartment property offers potential for rental income stream, long-term ownership, and portfolio expansion. Conveniently situated with access to US Hwy 290/Beltway8/I10, the property provides connectivity to employment centers, shopping destinations, restaurants, grocery stores, and every day conveniences. Nearby retail and recreational amenities (Memorial City, City Center, Galleria) add to the appeal for prospective tenants seeking an accessible Houston location.
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Around this home
Schools
K - 12
Preschool & daycare
Kirk Elementary School
Public PreK-5 • Assigned • 2.9mi
5/10
Truitt Middle School
Public 6-8 • Assigned • 5.4mi
5/10
Cypress Ridge High School
Public 9-12 • Assigned • 4.8mi
5/10
Provided by GreatSchools
About
Carverdale
Carverdale, located between U.S. 290 and Beltway 8, is a residential and industrial Houston neighborhood with a grid of mid-century ranch homes and a backdrop of warehouse corridors. The neighborhood’s character concentrates around the Hempstead Road and Gessner Road area, where auto shops, taquerias, and small storefronts line the traffic-heavy stretch. Housing reads practical and low-slung, with deep lots, mature trees, and pockets of newer infill near major arterials. The landscape shifts quickly from quiet blocks to rail-adjacent service roads and light manufacturing. Nearby green space and bayou trails shape daily routines more than nightlife. Commutes and errands orbit the freeway ramps and the retail clusters along 290.
Provided by Walk Score and Local Logic
Market insights
10235 Algiers Rd #4 · $436,000
DAYS ON MARKET
28 days
The average home goes pending in 76 days.
SALE-TO-LIST
97.2%
Most homes are selling 3% below list price.
LIST PRICE
$436,000
Median list price in this area is $472,393. (8% higher than this home)
PRICE DROP
0 price drops
13% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Bedrooms
Two bedrooms per unit
Heating & cooling
Central gas heating
Central electric air conditioning
Home design
Four-unit residential income property
Construction
Built in 1976
Composition roof
Electricity and solar
View estimated energy costs and solar savings for this home
Great opportunity to own a good income producing well maintained 4-plex apartment building. Convenient location, inside Beltway 8 south of 290. 2 upstairs units each has 2 bedrooms & 2 baths. 2 downstairs units each has 2 bedrooms & 1 bath. All units were updated and all in good condition. Most appliances upgraded to stainless steel. Recently updated, faucets and light fixtures, durable tile and laminate in 3 of 4 units. Tenants enjoy the private backyard and the gated entry, all units have central AC/Heat. Could be strictly an investment or live in one unit and rent the other three. Each unit has its own electricity meter, water and gas are included in the rent. The property did not flood during Harvey.
Public Records
Nov 8, 2016
Sold
*
HARMLS #77883844
Jun 17, 2016
Listing Removed
—
Feb 19, 2016
Price Changed
$279,900
$72/sq ft
Jan 18, 2016
Listed
$295,000
$76/sq ft
Public Records
Mar 28, 2014
Sold
*
HARMLS #32166596
Mar 21, 2014
Sold
$185K - $215K
Mar 17, 2014
Pending
—
Mar 8, 2014
Pending
—
Jan 3, 2014
Listed
$250,000
$65/sq ft
HARMLS #73324037
Nov 25, 2013
Listing Removed
—
Jan 6, 2013
Listed
$250,000
$65/sq ft
HARMLS #99350304
Jan 5, 2013
Listing Removed
—
Nov 9, 2011
Listed
$250,000
$65/sq ft
HARMLS #45212795
Nov 7, 2011
Listing Removed
—
Dec 7, 2009
Listed
$299,980
$77/sq ft
HARMLS #95035479
Dec 7, 2009
Listing Removed
—
Apr 30, 2009
Listed
$299,980
$77/sq ft
Public Records
Feb 12, 1990
Sold
*
* Price is not available or MLS listing is off market.
Year
Property tax
Land + Additions
Assessment*
2026
$10,858 (+2.0%)
$129,500 + $319,001
$448,501
2025
$10,642 (−9.1%)
$129,500 + $310,087
$439,587
2024
$11,702 (+3.9%)
$129,500 + $353,563
$483,063
2023
$11,266 (+26.7%)
$129,500 + $351,357
$480,857
2022
$8,894 (+8.2%)
$75,250 + $270,570
$345,820
2021
$8,221 (+8.1%)
$75,250 + $242,892
$318,142
2020
$7,605 (+11.5%)
$59,500 + $219,152
$278,652
2019
$6,822 (+5.1%)
$52,500 + $194,468
$246,968
2018
$6,489 (+5.8%)
$42,000 + $184,005
$226,005
2017
$6,133 (+1.7%)
$42,000 + $179,646
$221,646
2016
$6,028 (−5.2%)
$42,000 + $179,646
$221,646
2015
$6,360 (+93.4%)
$35,000 + $182,668
$217,668
2014
$3,289 (+1.4%)
$21,000 + $91,844
$112,844
2013
$3,245 (−3.8%)
$21,000 + $91,844
$112,844
2012
$3,373 (+12.7%)
$21,000 + $89,323
$110,323
2011
$2,994 (+94.6%)
2010
$1,539 (+8.1%)
2009
$1,423
Public record
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
7,000 Sq. Ft.
Year renovated
1999
Finished Sq. Ft.
3,872
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,872
Year built
1976
Style
Multi-Family (2-4 Unit)
County
Harris County
APN
0890290000229
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 10, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 109° expected this year, 23 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Houston, TX • 77041
Average low and high temperatures (°F)
62
45
73
54
81
61
83
67
88
71
92
78
95
78
95
78
93
73
89
67
80
60
71
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Houston. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 10235 Algiers Rd #4
$420,283
$16K under list price of $436K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $410K to $660K.