This Triplex is located in one of Houston’s rapidly evolving inner-loop corridors, this property offers a prime buy-and-hold opportunity in a high-growth area. Just minutes from Downtown, The Heights, and major redevelopment projects, the surrounding neighborhood continues to see strong investment and new construction. Situated on a single lot, the property features three separate units, each offering 2 bedrooms and 1 bathroom with approximately 630 sq ft of living space. All units will be delivered vacant, providing flexibility to lease at current market rates. Previously rented around $950 per unit, this property presents strong income potential with upside as the area continues to appreciate. Very close to U of H downtown. Ideal for investors looking to secure a foothold in a transitioning neighborhood poised for long-term growth.
Northside Village, located between Downtown Houston and the Northside/Northline area, is a historic and industrial Houston neighborhood with rail-side streetscapes and a working-port edge. The neighborhood’s character concentrates around the Airline Drive corridor near Cavalcade Street, where taquerias, panaderías, auto shops, and small storefronts line the roadway in a steady daily rhythm. Longtime anchors such as the Original Ninfa’s on Navigation, the Orange Show Center for Visionary Art, and the Houston Farmers Market help define the area’s cultural map. Housing ranges from early bungalows to newer infill, with wide lots and utility corridors shaping the blocks. Buffalo Bayou’s industrial bends and the nearby ship-channel landscape give the geography a gritty, big-sky feel. METRORail and bike routes tie the neighborhood to downtown venues and warehouse-district nightlife.
Provided by Walk Score and Local Logic
Offer insights
1504 Freeman St · $409,000
$408K and above
75% chance or better to win
Why $408K+ is a strong offer
DAYS ON MARKET
145 days
The average home goes pending in 40 days.
SALE-TO-LIST
95.8%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Refrigerator
Bedrooms
Unit 1 includes 2 bedrooms
Property contains 3 separate units
Bathrooms
3 full bathrooms (total)
Kitchen
Refrigerator included
Heating & cooling
Window unit cooling
Window unit heating
Wall furnace heating
Exterior features
Corner lot
Home design
Residential income property
Construction
Built in 1930
Composition roof
Utilities
Electricity available
Natural gas available
Water available
Electricity and solar
View estimated energy costs and solar savings for this home
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, 24 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Houston, TX • 77009
Average low and high temperatures (°F)
61
46
72
54
79
62
82
68
87
71
91
78
94
79
94
79
91
75
87
68
78
61
70
54
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 26% for direct sun exposure in Houston. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1504 Freeman St
$388,185
$21K under list price of $409K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $360K to $498K.