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1511 Scharpe StreetHouston, TX 77023

For Sale

$470,000

Smart Buyer Rebate $4,100

A rare opportunity in the heart of Houston’s East End! This charming fourplex offers the perfect setup for first-time homebuyers looking to build equity while minimizing monthly expenses. Live in one beautifully updated unit and rent out the other three.

- Four fully equipped units with private entrances
- Ideal for house hacking or multi-generational living
- Strong rental potential in a rapidly appreciating
area
- Minutes from downtown, University of Houston, and major transit routes
- Spacious lot with room for parking and outdoor enjoyment

Whether you're starting your homeownership journey or expanding your investment portfolio, this property delivers flexibility, income, and long-term value.

Listed by Shahriyar Mehrazar

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License #0815162

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Keller Williams Signature

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713-405-9253

Last updated October 16, 2025

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Source: HAR #65077253

Listing Facts

  • TypeMulti-family
  • NeighborhoodGreater Eastwood
  • Bedrooms1
  • Days on Prevu84
  • Taxes$6,384/year
  • Size2,665 sqft
  • Price per sqft$176

Amenities

  • Air Conditioning

Location

Mortgage Calculator

Listing History

09/24/2025
Price Decreased
$470,000
09/18/2025
Status changed to Active
$499,000
09/17/2025
Status changed to Removed from Feed
$499,000
09/10/2025
Status changed to Active
$499,000
09/09/2025
Status changed to Removed from Feed
$499,000
07/31/2025
Listed by Keller Williams Signature
$499,000

Property Details for 1511 Scharpe Street

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories: 1
  • Year Built: 1935
  • Architectural Style: Fourplex

Measurements

  • Building Area Total: 2,665
  • Lot Size Area: 6,250
  • Lot Size Source: Appraiser
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Operating Expense Includes: Accounting,Advertising,Electric,Furniture Replacement,Fuel,Insurance,Maintenance,Professional Management,Trash,Water/Sewer

Taxes

  • Parcel Number: 054-249-000-0021
  • Tax Annual Amount: $6,384.00
  • Tax Year: 2024

Interior

Measurements

  • Living Area: 2,665
  • Living Area Source: Owner

Rooms

  • Bedrooms Total: 1

Other

Location

  • Subdivision Name: Broadmoor Add

Schools

Elementary School

  • Elementary School: CAGE ELEMENTARY SCHOOL
  • Elementary School District: 27 - Houston

High School

  • High School: AUSTIN HIGH SCHOOL (HOUSTON)
  • High School District: 27 - Houston

Middle or Junior School

  • Middle Or Junior School: NAVARRO MIDDLE SCHOOL (HOUSTON)
  • Middle Or Junior School District: 27 - Houston

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Gas
  • Has Heating: Yes

Based on information from Houston Realtors Information Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.