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2502 White Oak St 5 Unit Apartment Building For Sale Houston, TX 77009
Investment Highlights
- Corner lot location within Norhill, offering strong visibility near key retail and residential nodes.
- Two-story structure with four units and an 828 SF garage apartment; roof replaced in August 2024.
- ±8,580 SF site positioned for redevelopment or continued multifamily use.
- Located in one of Houston’s most active submarkets, supporting long-term land appreciation and investment flexibility.
Executive Summary
This offering presents a rare redevelopment or value-add opportunity within Houston’s thriving Greater Heights area. Situated on an ±8,580 SF lot, the property currently hosts a two-story, five-unit building with a detached garage apartment. Its corner position near Michaux Street ensures excellent visibility and accessibility for future projects. Recent capital improvements include a roof replacement completed in August 2024, reducing near-term maintenance needs while leaving room for creative repositioning strategies.
The site’s generous lot size and flexible configuration make it well-suited for upscale residential redevelopment or continued hold as an income-producing asset. Located just 2.3 miles from the Central Business District and with proximity to major thoroughfares, employment centers, and lifestyle amenities, the property provides enduring land value in one of Houston’s most dynamic neighborhoods.
The site’s generous lot size and flexible configuration make it well-suited for upscale residential redevelopment or continued hold as an income-producing asset. Located just 2.3 miles from the Central Business District and with proximity to major thoroughfares, employment centers, and lifestyle amenities, the property provides enduring land value in one of Houston’s most dynamic neighborhoods.
Property Facts
| Sale Type | Investment | Lot Size | 0.20 AC |
| Sale Condition | Redevelopment Project | Building Size | 4,188 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1935/2024 |
| Property Subtype | Apartment | Parking Ratio | 2.78/1,000 SF |
| Building Class | C |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,188 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1935/2024 |
| Parking Ratio | 2.78/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 0620740000018 | Improvements Assessment | $257,581 CAD |
| Land Assessment | $1,240,990 CAD | Total Assessment | $1,498,571 CAD |
Property Taxes
Parcel Number
0620740000018
Land Assessment
$1,240,990 CAD
Improvements Assessment
$257,581 CAD
Total Assessment
$1,498,571 CAD
Contacts
-
A. David Schwarz -
Carlos Bujosa -
William Durie -
Transwestern Real Estate Services
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2502 White Oak St
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