Excellent turnkey investment opportunity offering an 8% cap rate! This fully remodeled and fully occupied fourplex features four spacious 2-bedroom, 1-bath units, each equipped with central air and heat, a generous kitchen with serving bar, electric stove, refrigerator, large pantry, and washer/dryer connections. Every unit also includes a private patio and individual storage space. Tenants enjoy off-street parking with ample guest parking as well. Each unit is separately metered for electricity, making management simple. With current market rents at $1,200 per unit, this property has the potential to gross $4,800 per month. Ideally located on a quiet street with easy access to Hobby Airport, Downtown Houston, major highways, the Medical Center, and more. Do not disturb tenants. Drive-by only!
For sale
Price cut: $10K (8/14)
$439,995
9018 Grannis St #4, Houston, TX 77075
2beds
0baths
3,468sqft
Est.:
Quadruplex
Built in 1984
-- sqft lot
$419,700 Zestimate®
$127/sqft
$-- HOA
What's special
- 70 days
- on Zillow |
- 451 |
- 39 |
Zillow last checked: 7 hours ago
Listing updated: August 23, 2025 at 09:08am
Listed by:
Jay Thomas TREC #0550416 832-889-5607,
eXp Realty LLC
Source: HAR,MLS#: 52836588

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Range, Disposal, Dishwasher
Interior area
- Total structure area: 3,468
- Total interior livable area: 3,468 sqft
Property
Features
- Stories: 2
Lot
- Size: 6,198.59 Square Feet
Details
- Parcel number: 0630340340018
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Utilities for property: Electricity Available, Water Connected
Community & HOA
Community
- Subdivision: Easthaven
Location
- Region: Houston
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $416,299
- Annual tax amount: $10,962
- Date on market: 6/16/2025
- Listing terms: Cash,Conventional,FHA,Investor,Owner Will Carry
- Lease term: 1 Year,6 Month
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