Well-maintained, recently updated duplex featuring long-term tenants and consistent income potential. Each unit offers modern updates while reflecting minor wear and tear typical of stable occupancy. This property is ideal for investors seeking immediate cash flow with reliable rental history. Solid structure, functional layouts, and updates already in place make this a strong addition to any portfolio.
Income-producing duplex, fully occupied. Minor wear and tear present, offering potential for light improvements and increased value. Great opportunity for investors looking for steady rental income from day one.
For sale
Price cut: $10K (4/6)
$210,000
5505 Malmedy Rd, Houston, TX 77033
4beds
1,450sqft
Est.:
Duplex
Built in 1955
-- sqft lot
$206,500 Zestimate®
$145/sqft
$-- HOA
What's special
Modern updatesFunctional layoutsUpdates already in place
- 13 days |
- 370 |
- 41 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Corey Smith TREC #0610793 832-297-7659,
Corey Smith, Realtor
Source: HAR,MLS#: 78139666
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Zoned
Cooling
- Zoned
Interior area
- Total structure area: 1,450
- Total interior livable area: 1,450 sqft
Property
Features
- Stories: 1
Lot
- Size: 5,580.04 Square Feet
Details
- Parcel number: 0751900290002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1955
Community & HOA
Community
- Subdivision: South Park Sec 02
Location
- Region: Houston
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $193,068
- Annual tax amount: $4,103
- Date on market: 4/6/2026
- Listing terms: Cash,Conventional,VA Loan
- Lease term: Month To Month
Estimated market value
$206,500
$196,000 - $217,000
$1,369/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Price change | $210,000-4.5%$145/sqft |
Source: | ||
| 7/14/2025 | Price change | $220,000-2.2%$152/sqft |
Source: | ||
| 2/11/2025 | Price change | $225,000-4.3%$155/sqft |
Source: | ||
| 11/7/2024 | Listing removed | $1,500$1/sqft |
Source: | ||
| 10/14/2024 | Price change | $235,000-2.1%$162/sqft |
Source: | ||
| 10/3/2024 | Listed for rent | $1,500+30.4%$1/sqft |
Source: | ||
| 9/30/2024 | Price change | $240,000-4%$166/sqft |
Source: | ||
| 9/19/2024 | Listed for sale | $250,000+0.4%$172/sqft |
Source: | ||
| 1/11/2024 | Listing removed | -- |
Source: | ||
| 10/23/2023 | Price change | $249,000-3.9%$172/sqft |
Source: | ||
| 10/22/2023 | Listing removed | -- |
Source: | ||
| 10/13/2023 | Price change | $1,150-11.5%$1/sqft |
Source: | ||
| 8/24/2023 | Listed for rent | $1,300$1/sqft |
Source: | ||
| 8/17/2023 | Listed for sale | $259,000$179/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,103 +1% | $193,068 -0.6% |
| 2024 | $4,063 -12.2% | $194,163 -15.4% |
| 2023 | $4,624 +8.6% | $229,524 +18.7% |
| 2022 | $4,258 | $193,391 +28.1% |
| 2021 | -- | $150,962 +55.6% |
| 2020 | $2,327 -2.6% | $96,999 -1.7% |
| 2019 | $2,389 +29.1% | $98,642 +27.9% |
| 2018 | $1,850 | $77,127 +5.3% |
| 2017 | $1,850 -3.9% | $73,217 |
| 2016 | $1,925 +1356.7% | $73,217 +1.9% |
| 2015 | $132 | $71,840 |
| 2014 | $132 | $71,840 |
| 2013 | -- | $71,840 |
| 2012 | -- | $71,840 |
| 2011 | -- | $71,840 |
| 2010 | -- | $71,840 |
| 2009 | -- | $71,840 |
| 2007 | -- | $71,840 +81.8% |
| 2006 | -- | $39,510 |
| 2005 | -- | -- |
| 2004 | -- | $23,100 +6.5% |
| 2003 | -- | $21,700 +14.8% |
| 2002 | -- | $18,900 |
| 2001 | -- | $18,900 |
| 2000 | -- | $18,900 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,368/mo
Principal & interest
$1062
Property taxes
$306
More affordability tools
Climate risks
Neighborhood: South Park
Nearby schools
GreatSchools rating
- 6/10Kelso Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Attucks Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Sterling High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Kelso Elementary School
- Middle: Attucks Middle School
- High: Sterling 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Harris County
- Houston
- 77033
- South Park
- 5505 Malmedy Rd



