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.
For sale
$450,000
1511 Scharpe St, Houston, TX 77023
1beds
0baths
2,665sqft
Est.:
Quadruplex
Built in 1935
-- sqft lot
$436,100 Zestimate®
$169/sqft
$-- HOA
What's special
- 4 days |
- 104 |
- 3 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 02:02am
Listed by:
Shahriyar Mehrazar TREC #0815162 713-405-9253,
Keller Williams Signature
Source: HAR,MLS#: 80163618
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Heating
- Natural Gas
Cooling
- Electric
Interior area
- Total structure area: 2,665
- Total interior livable area: 2,665 sqft
Property
Features
- Stories: 1
Lot
- Size: 6,250.86 Square Feet
Details
- Parcel number: 0542490000021
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1935
Community & HOA
Community
- Subdivision: Broadmoor Add
Location
- Region: Houston
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $345,869
- Annual tax amount: $6,384
- Date on market: 12/7/2025
- Lease term: 1 Year
Estimated market value
$436,100
$414,000 - $458,000
$1,147/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/7/2025 | Listed for sale | $450,000-4.3%$169/sqft |
Source: | ||
| 12/6/2025 | Listing removed | $470,000$176/sqft |
Source: | ||
| 9/24/2025 | Price change | $470,000-5.8%$176/sqft |
Source: | ||
| 7/31/2025 | Listed for sale | $499,000+30.2%$187/sqft |
Source: | ||
| 4/28/2024 | Listing removed | -- |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $345,869 +21.5% |
| 2024 | $5,957 +3.8% | $284,678 |
| 2023 | $5,736 +10.8% | $284,678 +21.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,939/mo
Principal & interest
$2181
Property taxes
$600
Home insurance
$158
Climate risks
Neighborhood: Greater Eastwood
Nearby schools
GreatSchools rating
- 9/10Cage Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Navarro MiddleGrades: 6-8Distance: 0.6 mi
- 2/10Austin High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Cage Elementary School
- Middle: Navarro Middle School (Houston)
- High: Austin High School (Houston)
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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