Rare investment opportunity in the heart of desirable Montrose! A fully upgraded 12-unit studio apartment building located at 1421 Marshall Street, nestled in one of Houston’s most vibrant and walkable neighborhoods. This classic Montrose property features modern finishes throughout, strong rental demand, and an 80% occupancy rate, providing immediate cash flow with upside potential.
Each unit has been thoughtfully remodeled with contemporary touches new stainless steel appliances, modern vinyl plank flooring, efficient A/C systems, and quality fixtures — making them highly appealing to today’s renters. The gated building offers secure access and is just steps from some of Montrose’s best dining, nightlife, boutiques, art galleries, and transit options.
This turnkey asset is ideal for investors seeking stable occupancy, value-add potential, and ownership in a premier inner-loop neighborhood.
For sale
$1,490,000
1421 Marshall St, Houston, TX 77006
--beds
0baths
4,592sqft
Multi Family
Built in 1940
-- sqft lot
$1,352,800 Zestimate®
$324/sqft
$-- HOA
What's special
- 141 days |
- 117 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Klodian Hoxha TREC #0612877 281-785-5170,
LPT Realty, LLC
Source: HAR,MLS#: 11657272
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Electric
Interior area
- Total structure area: 4,592
- Total interior livable area: 4,592 sqft
Property
Features
- Stories: 2
Lot
- Size: 5,950 Square Feet
Details
- Parcel number: 0262020000018
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1940
Community & HOA
Community
- Subdivision: Montrose
Location
- Region: Houston
Financial & listing details
- Price per square foot: $324/sqft
- Annual tax amount: $22,622
- Date on market: 2/18/2026
- Lease term: 1 Year,Month To Month
Estimated market value
$1,352,800
$1.29M - $1.42M
$2,607/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Price change | $1,490,000-21.5%$324/sqft |
Source: | ||
| 2/20/2025 | Price change | $1,899,000-90%$414/sqft |
Source: | ||
| 2/20/2025 | Listed for sale | $18,900,000$4,116/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Neartown - Montrose
Nearby schools
GreatSchools rating
- 8/10Wilson MontessoriGrades: PK-8Distance: 0.6 mi
- 6/10Lamar High SchoolGrades: 9-12Distance: 1.7 mi
- 10/10Lanier Middle SchoolGrades: 6-8Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Baker Montessori School
- Middle: Lanier Middle School
- High: Lamar High School (Houston)
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Harris County
- Houston
- 77006
- Neartown - Montrose
- 1421 Marshall St







