Income-producing 4-unit property in the heart of Conroe, offering established rental history, flexible unit mix, and a location tenants can truly enjoy. 513 Avenue I includes a 2019-built duplex, with each side offering 3 bedrooms and 1.5 bathrooms, plus the adjacent duplex at 601 and 603 Booker T Washington, which includes a 1-bedroom/1-bath unit and a 3-bedroom/1-bath unit. Two duplexes are being sold together as one 4-unit investment opportunity. Just minutes from Downtown Conroe, local coffee shops, restaurants, shopping, parks, everyday conveniences, I-45, The Woodlands, major employers, and Lake Conroe recreation. With multiple rental units, long-term lease history, and a central location in one of Montgomery County’s most active growth areas, this property offers a strong blend of income, flexibility, and long-term upside investment.
For sale
$419,000
513 Avenue I, Conroe, TX 77301
3beds
3,300sqft
Quadruplex
Built in 2019
-- sqft lot
$408,600 Zestimate®
$127/sqft
$-- HOA
What's special
- 54 days
- 224
- 19
Zillow last checked:
Listing updated:
Listed by:
Kameron Hockaday TREC #0840005 832-446-9417,
Marshall Reddick Real Estate,
Rachel Page TREC #0774911 714-642-9353,
Marshall Reddick Real Estate
Source: HAR,MLS#: 69710151
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Electric
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Video & virtual tour
Property
Features
- Stories: 2
Lot
- Size: 9,343 Square Feet
Details
- Parcel number: 87375
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 2019
Community & HOA
Community
- Subdivision: Donovans
Location
- Region: Conroe
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $326,107
- Annual tax amount: $6,219
- Date on market: 7/7/2026
- Lease term: 1 Year
Estimated market value
$408,600
$388,000 - $429,000
$2,046/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $419,000-0.2%$127/sqft |
Source: | ||
| 9/26/2021 | Listing removed | -- |
Source: | ||
| 7/26/2021 | Pending sale | $420,000$127/sqft |
Source: | ||
| 7/5/2021 | Price change | $420,000-6.7%$127/sqft |
Source: | ||
| 6/6/2021 | Listed for sale | $450,000$136/sqft |
Source: | ||
| 7/12/2012 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,219 -15.5% | $326,107 -15.3% |
| 2024 | $7,363 +19.8% | $384,864 +20% |
| 2023 | $6,146 | $320,720 -13.6% |
| 2022 | -- | $371,000 +159.4% |
| 2021 | $1,749 -2.7% | $143,020 +78.8% |
| 2020 | $1,798 -1.5% | $80,000 -38.7% |
| 2019 | $1,825 -33.4% | $130,560 +11.1% |
| 2018 | $2,741 +65.1% | $117,530 +60.9% |
| 2017 | $1,660 -2.8% | $73,040 |
| 2016 | $1,708 +60.8% | $73,040 |
| 2015 | $1,062 | $73,040 +62.1% |
| 2014 | $1,062 | $45,050 +85% |
| 2013 | -- | $24,350 |
| 2012 | -- | $24,350 |
| 2011 | -- | $24,350 |
| 2010 | -- | $24,350 |
| 2009 | -- | $24,350 |
| 2008 | -- | $24,350 |
| 2007 | -- | $24,350 |
| 2006 | -- | $24,350 |
| 2005 | -- | $24,350 |
| 2004 | -- | $24,350 |
| 2003 | -- | $24,350 |
| 2002 | -- | $24,350 |
| 2001 | -- | $24,350 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 77301
Nearby schools
Schools provided by the listing agent
- Elementary: Houston Elementary School (Conroe)
- Middle: Stockton Junior High School
- High: Conroe High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




