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1421 Marshall St

Houston, TX 77006
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4,592 Sqft
5,950 Lot Sqft
Multi-Family

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Description

Rare investment opportunity in the heart of desirable Montrose! A fully upgraded 12-unit studio apartment building located at 1421 Marshall Street, nestled in one of Houston’s most vibrant and walkable neighborhoods. This classic Montrose property features modern finishes throughout, strong rental demand, and an 80% occupancy rate, providing immediate cash flow with upside potential. Each unit has been thoughtfully remodeled with contemporary touches new stainless steel appliances, modern vinyl plank flooring, efficient A/C systems, and quality fixtures — making them highly appealing to today’s renters. The gated building offers secure access and is just steps from some of Montrose’s best dining, nightlife, boutiques, art galleries, and transit options. This turnkey asset is ideal for investors seeking stable occupancy, value-add potential, and ownership in a premier inner-loop neighborhood.

MLS#
11657272
List Price
$1,490,000 ($324/Sqft.)
Listing Status
For Sale
Address
1421 Marshall St
City
Houston
State
TX
Zip Code
77006
County
Harris County
Legal Description
LT 18 BLK 75 MONTROSE
Property Type
Multi-Family
Stories
2
Building Size
4,592 Sqft/Appraisal District
Year Built
1940 /Appraisal District
Lot Size
5,950 Sqft/Appraisal District
Key Map©
493S
Market Area

Exterior

Roof
Other

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

Financial information

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$22,622/2025
Tax Rate
2.1252

Interior

Cooling
Central Electric
Heating
Central Electric

Lot Information

Lot Size
5,950 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

Listing Broker

Information source

Houston Association of REALTORS®
Source last updated May 06, 2026 at 08:27 PM
Listing last updated Mar 17, 2026 at 10:56 PM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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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.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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