$949,000

4207 Drake Street, Houston, TX 77005

2 beds |
1 bath |
4,208 sqft

Multi-Family Home
Built in 1966
5,001sqft lot
—— car garage
$226/sqft
Listed 2 months ago

Property Description

Exceptional 6-unit property located in prestigious West University Place (77005). Situated in one of Houston’s most exclusive neighborhoods, this asset boasts washer/dryer connections, central HVAC, copper wiring, and long-term tenants. The property has been well-maintained and offers a rare chance to own a multifamily in an A+ location. With surrounding new development and rents currently 25–30% below market, this is an excellent candidate for a buy-and-hold strategy or long-term redevelopment. This property is being offered individually or as part of a 20-unit multifamily portfolio located in several of Houston’s most desirable neighborhoods.

Listing Status:: Active
Date Added:: August 6, 2025 at 05:00AM
Listing Office:: Kevin Riles Commercial : 281-403-3700
Listing Agent:: Kevin Riles : 1+281-451-8437
MLS ID:: 79626238

Appliances: RangeDisposalDishwasherRefrigerator
Flooring: CarpetTileWood
A/C: Electric
Heating: ElectricNatural Gas

Roofing: Composition
General: BrickWood Siding2

Originating MLS: Houston Association of Realtors
School District: 27 - Houston
County: Harris

Zoning: LT 14 BLK 11 COLLEGE COURT PLACE0552860000014

Utilities: Cable ConnectedElectricNatural Gas ConnectedWater Connected

Source: Houston Association of Realtors

This listing courtesy of Kevin Riles, Kevin Riles Commercial

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

West University Elementary School

3756 University Blvd, Houston, TX, 77005

Grades EE-5

0.87 miles away

Pershing Middle School

3838 Blue Bonnet Blvd, Houston, TX, 77025

Grades 6-8

1.65 miles away

Challenge Early College High School

5601 West Loop S, Houston, TX, 77081

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.