Mackin
Book a Call
Sign in
Houston, TX

Mackin,
Market Edition.

Mackin — hyperlocal real-estate intelligence, published weekly.

Get in touch →

Cities

  • Houston, TX

Stories

  • What's new
  • Price drops
  • Luxury
  • Affordable
  • Open houses
  • Market reports

By price

  • Houston under $200k
  • Houston $200k to $400k
  • Houston $400k to $700k
  • Houston $700k to $1m
  • Houston over $1m

By type

  • Houston single-family homes
  • Houston condos
  • Houston land for sale
  • Browse all MLS
  • Map search
All city stories
Houston: what's newHouston: price dropsHouston: luxuryHouston: affordable
All city stories + every page → /sitemap
Mackin· Market Edition
InsightsJournalSearchMarketAboutReviewsFAQGuidesServices
Live MLS data via Repliers. Not for redistribution. © 2026
  1. Home›
  2. Houston homes for sale›
  3. 5817 Downing

$800,000

▼ 9% from $875,000
5817 Downing
Houston, TX, 77020

About this home

Prime investment opportunity in Houston’s 5th Ward. This income-producing property spans 11 total lots and features 5 duplexes (10 total units), individually metered and all currently leased, delivering immediate cash flow from day one. Positioned on a corner at the end of a dead-end street, the site offers limited through traffic while still providing access from two separate streets—an ideal setup for tenants and future development. The property backs to industrial and rail, supporting steady rental demand in a strong working corridor. Located within an Opportunity Zone, this asset presents potential tax advantages and long-term upside. In addition to the existing duplexes, there are two tear-down structures and room to build up to 4 additional duplexes (8 more units). At the current pricing, the property is operating at an 8%+ cap rate with all units leased—offering strong in-place returns with clear expansion potential in one of Houston’s rapidly growing submarkets.

Property details

Year built
1940
Property type
Residential Income
Style
Multi Family,Multiple Detached Dwellings
Heating
Other
Cooling
Window Unit(s)
Lot
0.6198 acres
Taxes / yr
$7,921
Estimated monthly
$5,691/mo
P&I $4,258 · Tax $1200/mo · Ins $233/mo

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

Listed by
Top Guns Realty on Lake Conroe
Evan Ballew
MLS34047683Listed2/19/2026Days on market116
Market trends in Houston
See KPIs, 24-month price + inventory charts →
Download flyer
One-page PDF with photos, key facts, and market context →
Where this home fits
  • Biggest price cuts in Houston
    Other listings whose price came down
  • Just listed in Houston
    Freshest listings this week