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6614 London Street 12Houston, TX 77021

For Sale

$1,599,997

Smart Buyer Rebate $16,000

CASH COW INVESTMENT OPPORTUNITY 8% CAP RATE. The property consists of 3 buildings 6614, 6618 and 6622 London Street. This property features 12 units, all 2 bedrooms and 1 bathroom, providing excellent marketability. 100% OCCUPIED AND FULLY LEASED. Ample off-street parking for each tenant as well as guest parking. The property thrives due to its proximity to U of H, the Medical Center, Professional Sports teams, and easy access to 288 Fwy. This is truly a turnkey opportunity. Its proximity to major downtown employers attracts young professionals, ensuring a steady demand for rental units. The property is located in an opportunity zone, providing potential tax benefits for investors. The property is ideally located near U of H, TSU, the Medical Center, Downtown Houston, Midtown, Montrose, and more, making it highly desirable for tenants. House hack or invest with ease – this is a TURNKEY property! For details on income please request for reports. DRIVE BY ONLY... DO NOT DISTURB TENANTS.

Listed by Jay Thomas

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License #0550416

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eXp Realty LLC

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832-889-5607

Last updated September 06, 2025

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Source: HAR #63246297

Listing Facts

  • TypeMulti-family
  • NeighborhoodOST - South Union
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu185
  • Taxes$5,077/year
  • Size8,400 sqft
  • Price per sqft$190

Amenities

  • Air Conditioning

Location

Mortgage Calculator

Listing History

09/06/2025
Price Decreased
$1,599,997
03/07/2025
Listed by eXp Realty LLC
$1,600,000

Property Details for 6614 London Street 12

Exterior

Construction

  • Number Of Units Total: 12
  • Roof: Composition
  • Stories: 1
  • Year Built: 1950

Measurements

  • Building Area Total: 8,400
  • Lot Size Area: 15,000
  • Lot Size Source: Other
  • Lot Size Units: Square Feet

Financial

Residential Income

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

Taxes

  • Parcel Number: 057-273-001-0020
  • Tax Annual Amount: $5,077.00
  • Tax Year: 2024

Interior

Measurements

  • Living Area: 8,400
  • Living Area Source: Owner

Rooms

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

Other

Location

  • Subdivision Name: Grand Park

Schools

Elementary School

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

High School

  • High School: YATES HIGH SCHOOL
  • High School District: 27 - Houston

Middle or Junior School

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

Utilities

Equipment

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