1. Texas
  2. Houston
  3. 1511 Scharpe Street
$499,000

1511 Scharpe Street, Houston, TX 77023

  • 1 bed
  • 1,585 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon6,251sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $315/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

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!

Listing Status:
Active
Date Added:
July 31, 2025 at 05:00AM
Listing Office:
Keller Williams Signature : 281-599-7600
Listing Agent:
Shahriyar Mehrazar : 1+713-405-9253
MLS ID:
65077253
  • A/C: Electric
  • Heating: Natural Gas

This listing courtesy of Shahriyar Mehrazar, Keller Williams Signature

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cage Elementary School

4528 Leeland St, Houston, TX, 77023

Grades EE-5

0.67 miles away

C

Community Services-Secondary

1102 Telephone Rd, Houston, TX, 77023

Grades 1-12

0.45 miles away

A

Austin High School

1700 Dumble St, Houston, TX, 77023

Grades 9-12

0.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.