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Price drop

3938 King Street

$710,000$725,000Price drop

2 bd · 1 ba · 6,300 sqft · Built 1948 · Residential Income

About this home

Investor's Dream! Turnkey Property with Immediate Cash Flow A rare opportunity to own a 7-unit multifamily property that is fully occupied, with each unit currently rented for $1,100 per month and significant potential for rent increases this summer. This low-maintenance, high-yield investment offers turnkey convenience and a prime location for continued growth. Property Highlights: A+ Rehab Completed in 2017: All units gutted down to the studs and renovated with quality finishes. Modern Upgrades: New double-pane low-E windows, updated sheetrock, flooring, and doors. Permitted by the City of Houston. Unit Details: Each 2-bedroom, 1-bath unit includes stainless/black appliances, granite countertops, refrigerator, dishwasher, microwave, garbage disposal, and stackable washer/dryer. Individual Utilities: Each unit is individually metered for electricity and water. Ample Land: Enough space to build 3 additional units, expanding income potential further.

Details

Days on market
42
Property type
Residential Income
Year built
1948
Style
Multi Family,5 Plus
Heating
Electric
Cooling
Electric
ZIP
77026

Property history

  1. ListedJun 6, 2026

    $710,000

    Om Realty Group

  2. TerminatedMay 27, 2026

    $740,000

    Om Realty Group

  3. ListedApr 13, 2026

    $740,000

    Om Realty Group

  4. TerminatedApr 13, 2026

    $760,000

    Om Realty Group

  5. ListedMar 3, 2026

    $760,000

    Om Realty Group

  6. TerminatedDec 5, 2025

    $760,000

    Om Realty Group

  7. ListedJun 16, 2025

    $760,000

    Om Realty Group

  8. TerminatedMay 16, 2025

    $765,000

    Om Realty Group

  9. ListedFeb 15, 2025

    $765,000

    Om Realty Group

  10. TerminatedFeb 15, 2025

    $770,000

    Om Realty Group