1529 Welch St, Houston, TX 77006

Pro forma income: $5,550/month. This Montrose triplex with serious upside is surrounded by new construction! Unbeatable location—just steps from the prestigious River Oaks Shopping Center and walking distance from the best of Montrose. Walkable. Rentable. Profitable. This classic 1920s red brick triplex blends features a spacious up/down duplex (each unit 2 bed / 1 bath) full of character: original hardwoods, vintage details, and timeless appeal. Out back, a detached 1 bed / 1 bath garage apartment offers extra income potential. Current rents are well below market, creating instant value for the next owner. Each of the duplexes should be renting for $2,200+. The garage apartment is poised to lease quickly at $1,150/month. Recent updates include new HVACs, electrical and plumbing improvements, and thoughtful renovations that preserve the home’s historic feel while adding modern reliability. (Please do not disturb tenants.)