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572 Sqft
21,980 Lot Sqft
Multi-Family - Multiple Detached Dw

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About this property

Income-Producing Multifamily W/ Expansion Potential Just off I-10 Turn-key multifamily investment on a corner lot just over half an acre, offering immediate cash flow with future upside. Located just off I-10 along the route to Bolivar Peninsula and nearby industrial plants, supporting both long-term and short-term rental demand.The property includes two well-maintained 1-bedroom, 1-bath units, each with a living area, kitchen, full bath, and private bedroom. Both units are tenant occupied on month-to-month leases, providing flexibility for rent increases, STR conversion, or owner-operator use. Unit 367 offers two mini-splits, a covered porch with handicap-accessible ramp and stairs, and a long-term tenant of over three years. Unit 369 features stair access and one mini-split. A detached utility building provides water heaters, washer/dryer, and tenant storage. The property is approved for two additional buildings.

MLS#
3555981
List Price
$170,000 ($297/Sqft.)
Listing Status
For Sale
Address
369 E Chestnut St
City
State
TX
Zip Code
Subdivision
Winnie Townsite
Legal Description
BK 56 LTS 20-22 WINNIE T/S
Property Type
Multi-Family - Multiple Detached Dw
Stories
1
Building Size
572 Sqft/Appraisal District
Year Built
2017 /Appraisal District
Lot Size
21,980 Sqft/Appraisal District
Market Area

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Exterior

Roof
Metal
Lot Description
Cleared, Corner

Interior

Countertop
Formica
Cooling
Other Cooling
Heating
Other Heating

Rooms

1 Bdr #
2

See the lot information

Lot Size
21,980 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial information

Financing Considered
Cash Sale, Conventional, Owner Financing
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$3,715/2025
Tax Rate
1.8478

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

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Principal & InterestTaxesInsuranceHOA fees----%----
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing broker

RE/MAX Universal

2940 Oak St, Kingwood, TX 77339

As the preeminent real estate brokerage in the Kingwood, Atascocita, Humble areas, as well as the Greater Houston Area, we are dedicated to providing our clients with the finest customer service available. We pride ourselves on being experts in bringing home buyers and sellers together. The name recognition afforded by RE/MAX, in conjunction with the professionalism of the agents that are affiliated with our company, translates into a strength of presence in the marketplace that is unsurpassed. Our top-notch team of brokers, agents, and staff has the expertise you can rely on to help you take your business to the next level.

Information source

Houston Association of REALTORS®
Source last updated Apr 28, 2026 at 06:16 PM
Listing last updated Mar 03, 2026 at 11:26 AM
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369 E Chestnut St, Winnie, TX 77665. View photos, map, tax, nearby homes for sale, home values, school info...

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