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1529 Welch Street

Houston, TX 77006

2 beds
1 bath
3,128 sqft
5,000 sqft lot
$223 per sqft
1925 build
– on site

Shocking cash flow upside! Percolating potential! This tremendous triplex in the heart of Montrose is fully rented and makes an incredible investment opportunity! It consists of 3 units: a charming duplex and a garage apartment, both built in the 1920s. Both duplex units are rented WELL below market value. This property has been nicely updated and well-maintained with numerous recent renovations. This classic Redbrick duplex exudes warmth with wood floors throughout and this highly sought-after duplex design features upstairs/downstairs units, each filled historic charm and character. Each half of the duplex consists of a spacious 2 bed / 1 bath design. The garage apartment includes a 1 bed / 1 bath design. Total gross rental income is an impressive $4,100 per month, but these rents are WELL below market value. Located in Montrose while also walking distance to the River Oaks Shopping Center makes this location simply unbeatable. (Please don't disturb tenants)

Listing courtesy of HAR / Castle Team

Last checked: Checking… • Last updated Feb 16, 2025 •

MLS# 43560898 —

The Building

Year Built:

1925
Year Built Source:

Appraisal District
New Construction:

No
Front Door Faces:

North
Roof:

Composition
Stories:

2
Siding:

Brick, Wood

Interior

Countertops:

Granite
Floors:

Tile, Wood

Financial & Terms

Lot Value:

1
Finance Available:

Cash Sale, Conventional, Investor, Seller to Contribute to Buyer's Closing Costs, VA
Price SqFt List:

$223.75

Location

Directions:

From Waugh, head west on Welch. Property is on the left.
Latitude:

29.748924
Longitude:

-95.399037

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Section Number:

1
Parcel Number:

038-258-000-0003
Lot Size:

5,000 Sqft
Lot Size Source:

Appraisal District
Lot Price SqFt List:

139.98
Total SqFt:

3,128 Sqft
SqFt Source:

Appraisal District
Miscellaneous Features:

Central Laundry, Fire/Smoke Alarm, Private Entry
Area:

16

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Rate:

$2.01
Tax Amount:

$13,740

Beds

Total Bedrooms:

2

Baths

Total Baths:

1.00
Full Baths:

1

The Listing

Status:

Active
Disclosures:

Sellers Disclosure, Tenant Occupied

Heating & Cooling

Heat System:

Central Gas, Window Unit
Cool System:

Central Electric, Window Units

Utilities

Energy:

Ceiling Fans, Digital Program Thermostat, North/South Exposure

Appliances

Range:

1
Microwave:

Yes
Refrigerator:

1
Dishwasher:

Yes
Disposal:

No

Schools

Elementary:

BAKER MONTESSORI SCHOOL
Middle School:

LANIER MIDDLE SCHOOL
High School:

LAMAR HIGH SCHOOL (HOUSTON)
School District:

27 - Houston

The Community

Subdivision:

Cherryhurst
Legal Subdivision:

CHERRYHURST
Active Community 55:

No
Restrictions:

None
Management Company:

No
Maintenance Fee:

No
Other Fees:

No

Parking

Parking Description:

Driveway Gate, Off Site Parking, Paved Area

Extra Units

Total Units:

3
Unit Count:

2
Unit Features:

Balcony, Hardwood Floors, Patio, Window Coverings

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Multifamily For Sale

$699,900

Price drop −$15,100

Listing provided by broker:

Rory Higgins

Castle Team

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This multifamily located in Inner Loop, Houston, TX 77006 is currently for sale for $699,900. 1529 Welch Street is a 3,128 square foot multifamily with 2 beds and 1 bath that has been on Estately for 226 days. 1529 Welch Street is in the Inner Loop neighborhood of Houston and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Wilson Montessori, Lamar High School, and Lanier Middle School.

Listing Courtesy of: HAR and Castle Team.

© 2025 Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. Houston Realtors Information Service, Inc., Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Houston Realtors Information Service, Inc. and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law.