Investment Opportunity in Houston’s Booming 3rd Ward!
Located just 5 minutes from Texas Southern University and only 3 minutes from the University of Houston, this 4-unit multifamily property is perfectly positioned in one of Houston’s fastest-growing neighborhoods.
Each unit offers 2 bedrooms and 1 bathroom, making it highly attractive to students, young professionals, and families seeking affordable housing close to major universities, Downtown Houston, and the Medical Center. Each unit is currently rented as there is a high demand for rental property in this area.
The 3rd Ward is undergoing an exciting transformation, with new construction breaking ground daily and a surge of development reshaping the community. Investors will appreciate the strong rental demand, excellent proximity to higher education, and long-term growth potential in this transitioning area.
For sale
$430,000
3405 Drew St APT 4, Houston, TX 77004
2beds
3,120sqft
Quadruplex
Built in 1964
-- sqft lot
$-- Zestimate®
$138/sqft
$-- HOA
What's special
- 269 days |
- 69 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
William Roane TREC #0805711 281-409-9432,
JLA Realty
Source: HAR,MLS#: 43398969
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Zoned
Cooling
- Zoned
Interior area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
Property
Features
- Stories: 2
Lot
- Size: 5,000 Square Feet
Details
- Parcel number: 0372560000011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1964
Community & HOA
Community
- Subdivision: Wilson Wm A
Location
- Region: Houston
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $309,892
- Annual tax amount: $6,840
- Date on market: 10/9/2025
- Lease term: 1 Year
Estimated market value
Not available
Estimated sales range
Not available
$1,426/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Price change | $430,000-5.5%$138/sqft |
Source:  HAR #43398969 Report a problem | ||
| 11/21/2025 | Price change | $455,000-3.2%$146/sqft |
Source: HAR #43398969 Report a problem | ||
| 10/9/2025 | Price change | $470,000-4.1%$151/sqft |
Source: HAR #43398969 Report a problem | ||
| 4/29/2025 | Price change | $490,000-2.2%$157/sqft |
Source: HAR #62561157 Report a problem | ||
| 2/22/2025 | Listed for sale | $501,000+11.6%$161/sqft |
Source: HAR #62561157 Report a problem | ||
| 3/27/2023 | Listing removed | -- |
Source: HAR #4480534 Report a problem | ||
| 1/22/2023 | Listed for sale | $449,000$144/sqft |
Source: HAR #4480534 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,240 -1.7% | $309,892 +2.2% |
| 2024 | $6,345 +25.7% | $303,248 +5.8% |
| 2023 | $5,046 +4.7% | $286,726 +31% |
| 2022 | $4,818 | $218,817 +16.8% |
| 2021 | -- | $187,320 -2.2% |
| 2020 | $4,598 -3.2% | $191,616 -2.3% |
| 2019 | $4,750 +39.3% | $196,154 +14.1% |
| 2018 | $3,411 | $171,843 +27.3% |
| 2017 | $3,411 +9.3% | $135,000 +9.4% |
| 2016 | $3,121 +0.8% | $123,430 -3.2% |
| 2015 | $3,096 | $127,575 +5.9% |
| 2014 | $3,096 | $120,442 +0.1% |
| 2013 | -- | $120,330 +0.4% |
| 2012 | -- | $119,816 +3.3% |
| 2011 | -- | $116,032 +2.5% |
| 2010 | -- | $113,219 -1.9% |
| 2009 | -- | $115,420 -4.4% |
| 2008 | -- | $120,743 -3.6% |
| 2007 | -- | $125,255 +15.7% |
| 2006 | -- | $108,279 +10.2% |
| 2005 | -- | $98,279 +66% |
| 2004 | -- | $59,200 +0.9% |
| 2003 | -- | $58,680 +2.2% |
| 2002 | -- | $57,430 -7.7% |
| 2001 | -- | $62,250 +22.3% |
| 2000 | -- | $50,880 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Greater Third Ward
Nearby schools
GreatSchools rating
- 5/10Blackshear Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Cullen Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Yates High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Blackshear Elementary School (Houston)
- Middle: Cullen Middle School (Houston)
- High: Yates High School
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
- 77004
- Greater Third Ward
- 3405 Drew St Apartment 4
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