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  2. Houston homes for sale›
  3. 1310 Lorraine

$450,000

1310 Lorraine
Houston, TX, 77009
5beds·1bath·4,066sq ft

About this home

Attention all Real Estate Entrepreneurs looking for your next MULTI-FAMILY PROJECT! Unlock its potential for great CASHFLOW! JUST 2 MILES FROM DOWNTOWN HOUSTON and a short walk to the Metro Rail/Bus Station, This property is strategically positioned to capitalize on the thriving rental market. This Craftsman-built 2 story structure is 4066 sf. The 1st floor features 5 bedrooms, huge living/dining rooms, kitchen, laundry room, and one full bath. Upstairs has a separate entrance and the 6 rental units share 2 bathrooms with showers, a kitchen, and a big balcony. Keep it as is for immediate cashflow, house hack, or let your imagination be your guide. Redevelop it into 2 to 4 luxury rental units or take advantage of the 1000s of residential neighbors by making it a mixed use retail below and rental above. Close to great restaurants, entertainment, and everything downtown including quick access to all the major highways to get you where you need to go. Make your appointment today.

Property details

Year built
1945
Property type
Residential Income
Style
Multi Family,5 Plus
Heating
Electric, Natural Gas, Window Unit
Cooling
Electric, Window Unit(s)
Lot
0.1067 acres
Taxes / yr
$8,828
Estimated monthly
$3,201/mo
P&I $2,395 · Tax $675/mo · Ins $131/mo

Estimate only. Taxes and insurance are typical TX defaults; check exact figures before buying.

Listed by
RE/MAX Signature
Gregg Engle
MLS45368605Listed1/8/2025Days on market521
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