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30065460
30065459

3 Locations

CG
TX 802540
Boulevard Realty
DP
TX 604359
Boulevard Realty
Listed by Boulevard Realty
$597,000
215 days on market
Updated 24 days ago
Opportunity zone

Near Northside Single Family Portfolio

Details
Property Type Land, Mixed Use (+2)
Sub Type Creative Office, Residential (+1)
Square Footage 4,114
Net Rentable (SqFt) 4,114
Units 4
Cap Rate 4.44%
NOI $26,523
Occupancy 100%
Lease Type Gross
Pro-Forma Cap Rate 6.69%
Pro-Forma NOI $39,939
Price per SqFt $145
Broker Co-Op Yes
Class C
Year Built 1910
Buildings 4
Stories 1
Lot Size (SqFt) 15,000
Zoning Residential Single Family
Investment Type Value Add
Sale Condition Distressed

Seller Financing Available

Marketing description

Near Northside Investors — this is your next portfolio opportunity.
Presenting a rare collection of four properties across Fulton Street and Chapman Street, totaling more than 4000 SF of improvements on 15,000 SF of land in Houston’s rapidly developing Near Northside. Together, 2403, 2409, and 2411 Fulton offer approximately 150 feet of prime commercial frontage along one of the neighborhood’s most active corridors, just half a block from the METRO Red Line.

Centrally located minutes from Downtown Houston, directly across from Northside High School, and steps from the METRO Rail, this portfolio is positioned for long-term growth and redevelopment potential. The properties collectively feature multiple income-producing units, all tenant-occupied and currently generating $3700/month in gross rent, providing immediate cash flow with substantial appreciation potential.

Whether your strategy is fix-and-flip, BRRRR, or buy-and-hold, this portfolio offers flexible exit options and strong upside in one of Houston’s fastest-growing submarkets — surrounded by White Oak Station, Hardy Yards, and the expanding Fulton corridor developments. Don’t miss this chance to secure a strategic foothold in Near Northside’s continued transformation.

Investment highlights

  • 4-Property Portfolio — Includes 2403, 2409, and 2411 Fulton Street

  • Prime Near Northside Location — 150 feet of Fulton frontage in one of Houston’s fastest-growing neighborhoods, just minutes from Downtown.

  • Proximity to Transit — Steps from METRO Rail with quick access to I-45, I-10, and Loop 610.

  • Immediate Cash Flow — Fully occupied portfolio producing $3700/month across multiple units.

  • Value Add Potential — Perfect for the fix-n-flip or BRRRR investor

  • Redevelopment Potential — Prime positioning and combined lot size create opportunity for future multifamily or retail redevelopment.

  • Active Growth Corridor — Surrounded by major projects including White Oak Station, Hardy Yards, and Fulton corridor revitalization.

  • High Visibility & Accessibility — Fulton frontage offers exceptional signage potential across from Northside High School and near local retail.

  • Stabilized Yet Value-Add — Collect income today with upside through rent increases, renovations, or repositioning.

  • Zoning & Utilities — City of Houston unrestricted use area with full utilities on site.

  • This property is apart of a larger portfolio sale, contact listing agent, Caden Gracia, for more information.

  • Seller financing available

Listing Contacts

CG
TX 802540
Boulevard Realty
DP
TX 604359
Boulevard Realty
Listed by Boulevard Realty

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$26,523.00
$2,210.25/mo

Valuation Metrics

0
DSCR
4.44%
Cap Rate
4.44%
ROI

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Additional Information

Name
Caden Gracia
License
802540
Brokerage
Boulevard Realty
Brokerage Phone
(713)862-1600
Title
Realtor
Brokerage Address
1523 Yale Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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