Texas
Houston
4207 Drake Street

$975,000

4207 Drake Street, Houston, TX 77005

2 beds |
1 bath |
4,208 sqft

Multi-Family Home
Built in 1966
5,001sqft lot
—— car garage
$232/sqft
Listed 1 day ago

Property Description

Exceptional 6-unit property located in prestigious West University Place (77005). Situated in one of Houston’s most exclusive neighborhoods, this asset boasts washer/dryer connections, central HVAC, copper wiring, and long-term tenants. The property has been well-maintained and offers a rare chance to own a multifamily in an A+ location. With surrounding new development and rents currently 25–30% below market, this is an excellent candidate for a buy-and-hold strategy or long-term redevelopment. This property is being offered individually or as part of a 20-unit multifamily portfolio located in several of Houston’s most desirable neighborhoods.

Listing Status:: Active
Date Added:: August 6, 2025 at 05:00AM
Listing Office:: Kevin Riles Commercial : 281-403-3700
Listing Agent:: Kevin Riles : 1+281-451-8437
MLS ID:: 79626238

Appliances: RangeDisposalDishwasherRefrigerator
Flooring: CarpetTileWood
A/C: Electric
Heating: ElectricNatural Gas

This listing courtesy of Kevin Riles, Kevin Riles Commercial

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

West University Elementary School

3756 University Blvd, Houston, TX, 77005

Grades EE-5

0.87 miles away

Pershing Middle School

3838 Blue Bonnet Blvd, Houston, TX, 77025

Grades 6-8

1.65 miles away

Challenge Early College High School

5601 West Loop S, Houston, TX, 77081

Grades 9-12

0.77 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.