3224 Mcgowen St
INCOME PRODUCING WHILE YOU BUILD?? Collecting cash flow in the front while you build 2 townhouses in the back with 5000 sf lot. Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston’s highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location. All 6 units are currently tenant-occupied, providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax rate and high rental demand make this a solid investment opportunity. Drive-by only for occupied units. Please do not disturb tenants.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Yates High School
Assigned school for this home
A+ Unlimited Potential - University
Dodson Elementary
Project Chrysalis Middle
Univ Of Houston Charter School-Technical
Tsu Charter Lab School
H S For Law And Justice
Houston Academy For International Studies
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 08/02/2026 | Listed for sale | $695,000 |
Listed by Thao Nguyen · eXp Realty LLC · 8885197431
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Houston Association of REALTORS. All rights reserved.
Last Updated: August 3, 2026 at 5:16 PM | Source: Houston Association of REALTORS | MLS#: 81312404
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