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5017 Mallow St

Houston, TX 77033
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Just listedJust listed
5,550 Sqft
25,200 Lot Sqft
Multi-Family - Multiple Detached Dw

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Description

Great investment opportunity! This fully renovated multifamily property features 7 units across two duplexes and one triplex, with each unit offering a spacious 2-bedroom, 1-bathroom layout and modern updates throughout. Recent exterior improvements include a new roof, new gutters, and more. A survey is available for review. Currently, 6 of the 7 units are occupied, providing immediate rental income with additional upside potential. At full occupancy, the property has the potential to meet the 1% rule based on current rental rates, with significant room for rental growth, as current rents are below comparable properties in the area. Located in a rapidly developing neighborhood with ongoing new construction, this property offers excellent long-term investment potential. The adjacent lot is also available for purchase, creating additional opportunities for future development or expansion.

MLS#
59254079
List Price
$720,000 ($130/Sqft.)
Listing Status
For Sale
Address
5017 Mallow St
City
Houston
State
TX
Zip Code
77033
County
Harris County
Legal Description
LT 40 BLK 18 SUNNYSIDE GARDENS
Property Type
Multi-Family - Multiple Detached Dw
Stories
1
Building Size
5,550 Sqft/Appraisal District
Year Built
1965 /Appraisal District
Lot Size
25,200 Sqft/Survey
Key Map©
573D
Market Area

Exterior

Roof
Other

Financial information

Financing Considered
Cash Sale, Conventional, Investor, Other
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$11,275/2023
Tax Rate
2.0148

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

Interior

Cooling
Central Electric
Heating
Central Electric

Lot Information

Lot Size
25,200 Sqft. /Survey
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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
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Information source

Houston Association of REALTORS®
Source last updated Oct 24, 2026 at 05:46 AM
Listing last updated Oct 20, 2026 at 09:56 PM
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Presented by TimeValue Software ©2021
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.

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Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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