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27 Norwood StreetHouston, TX 77011

For Sale

$499,900

Smart Buyer Rebate $4,997

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

Measurements

  • Building Area Total: 2,121
  • Lot Features: Other
  • Lot Size Area: 6,250
  • Lot Size Source: Appraiser
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Operating Expense Includes: Electric,Fuel,Insurance,Maintenance,Real Estate Tax,Water/Sewer

Taxes

  • Parcel Number: 015-011-000-0010
  • Tax Annual Amount: $8,356.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Disposal, Refrigerator
  • Flooring: Laminate, Tile
  • Interior Features: Quartz Counters

Measurements

  • Living Area: 2,121
  • Living Area Source: Appraiser

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2

Other

Location

  • Subdivision Name: Fullerton Place

Parking

Parking

  • Other Parking: One
  • Parking Features: Electric Gate

Schools

Elementary School

  • 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.

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.