FULLY LEASED & RENOVATED 5-unit Property in East Houston. This property was renovated in 2023 by previous owner. This property includes two buildings: Main House-2 bed / 1 bath leased at $1,200/mo plus $100 towards electricity & tenant takes care of yard maintenance. Back building includes 4 studio units - bottom 2 units leasing at $650 & top 2 units leasing at $775. Back building tenants pay $50/ea towards electricity and $20/ea towards trash. Whether you're looking to expand your portfolio or jump into multifamily investing, this one’s ready to go. Hard to beat the location, the condition, and the income. 27 Norwood checks all the boxes!
Listed by Christina DeLaTorre
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License #0506422
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REALM Real Estate Professionals - North Houston
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832-755-1231
Last updated September 01, 2025
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Source: HAR #42581583
Listing Facts
TypeMulti-family
NeighborhoodFullerton Place
Bedrooms2
Bathrooms1
Days on Prevu11
Taxes$8,356/year
Size2,121 sqft
Price per sqft$236
Amenities
Parking
Location
Mortgage Calculator
Listing History
08/27/2025
Listed by REALM Real Estate Professionals - North Houston
$499,900
Property Details for 27 Norwood Street
Exterior
Construction
Number Of Units Total: 5
Roof: Composition
Stories: 1
Year Built: 1935
Construction Materials: Cement Siding, Wood Siding
Elementary School: BURNET ELEMENTARY SCHOOL (HOUSTON)
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: Window Unit(s)
Has Cooling: 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.
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.