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Investment Highlights

  • 8 Unit Multifamily in La Marque - NOT IN THE 100 YEAR FLOOD PLAIN
  • Brick and sided construction
  • Corner property
  • Two Fourplexes 2 BR / 1 BA units - 825 square feet each
  • Paved off-street parking
  • Easy Access to I-45

Executive Summary

Rare investment opportunity in a growing market. Add 8 units to your residential leasing portfolio at a price less than $82K per door. These two low-maintenance fourplexes are easy to rent at a price point below more expensive surrounding markets. Easy access to I-45 and off-street paved parking make these units ideal for commuter living and supported working rents. Not in the 100 year flood plain.

Property Facts

Price $897,924 CAD
Price Per Unit $112,240 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 6,600 SF
Average Occupancy 88%
No. Stories 2
Year Built 1976
Opportunity Zone Yes

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Heating
  • Tile Floors
  • Kitchen
  • Oven
  • Tub/Shower
  • Family Room
  • Linen Closet
  • Pantry

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 $1,522 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5345-0003-0008-000
Land Assessment
$3,817 CAD
Improvements Assessment
$477,247 CAD
Total Assessment
$481,065 CAD
  • Listing ID: 40715197

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 1500-1502 Oleander Dr, La Marque, TX 77568

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