Investors opportunity. Discover this 6-plex property located in the heart of Houston. Each unit is leased, providing a steady income stream for the savvy investor. Situated in a prime location near major highways. This property offers excellent potential for continued rental growth and long-term value appreciation. All six units are thoughtfully maintained with reliable tenants already in place. Don't miss out this chance to add a high performing multifamily property to your portfolio.
Greater Ost-South Union, located between OST and South Union, is a residential and institutional Houston neighborhood with mid-century brick homes and broad, tree-lined streets. The neighborhood’s character concentrates around the University of Houston campus edge near Calhoun Rd and Wheeler Ave, where student-foot-traffic, coffee counters, and campus venues set the daily rhythm. Architectural lines lean ranch-style and postwar infill, with deep setbacks and long driveways. University of Houston’s Cullen Performance Hall and the Blaffer Art Museum act as cultural anchors, while TDECU Stadium brings game-day energy. Green breaks appear at nearby MacGregor Park, and METRORail access at Palm Center Transit Center links the area to Downtown.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Balcony
Bedrooms
Multiple 2-bedroom units (six 2-bed units in the building)
Bathrooms
6 full bathrooms
Kitchen
Dishwasher
Disposal
Heating & cooling
Central heating (electric and gas)
Central air conditioning (electric and gas)
Exterior features
Large lot of approximately 10,000 square feet
Home design
Residential income property
Originally built in 1950
Construction
Built in 1950
Financial info
Total of 6 rental units in the building
Electricity and solar
View estimated energy costs and solar savings for this home
Perform residential repairs according to the 2012 International Residential Code specification list.
Remodel
Nov 3, 2021 • Final
E1-addl-elect
Perform electrical work for a commercial project.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance 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
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Houston, TX • 77021
Average low and high temperatures (°F)
62
46
72
54
80
61
82
68
86
71
91
78
93
78
93
79
91
75
87
69
78
61
70
54
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 30% for direct sun exposure in Houston. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.9 hrs
7.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3823 Lydia St
There isn’t enough information to generate an accurate estimate at this time. Learn More