Exceptional investment opportunity in a rapidly growing neighborhood near Downtown Houston! This well-maintained fourplex offers unbeatable versatility just minutes from the University of Houston, NRG Stadium, the Houston Zoo, the Texas Medical Center, and other major attractions. Ideal for both investors and first-time homebuyers, the property allows you to live in one unit while renting out the other three—perfect for house hacking or generating passive income. The location is highly desirable for short-term rentals, with easy access to major highways, public transit, and employment centers. With strong rental potential and proximity to key destinations, this fourplex is a smart addition to any portfolio. Don’t miss your chance to own in one of Houston’s most promising areas!
For sale
$499,000
1511 Scharpe St, Houston, TX 77023
1beds
0baths
1,585sqft
Est.:
Quadruplex
Built in 1935
-- sqft lot
$479,200 Zestimate®
$315/sqft
$-- HOA
What's special
- 6 days
- on Zillow |
- 106 |
- 4 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 02:02am
Listed by:
Shahriyar Mehrazar TREC #0815162 713-405-9253,
Keller Williams Signature
Source: HAR,MLS#: 65077253

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Heating
- Natural Gas
Cooling
- Electric
Interior area
- Total structure area: 1,585
- Total interior livable area: 1,585 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: $315/sqft
- Tax assessed value: $284,678
- Annual tax amount: $6,384
- Date on market: 7/31/2025
- Lease term: 1 Year
- Loading
- Loading