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Executive Summary

Unlock the potential of this exceptional multi-family investment property located in the heart of Pasadena, Texas. This offering features two buildings situated on a spacious lot, comprising a total of 6 rental units with the potential of 8 units. There are 2 - 1 bedroom and 1 bathroom units and 1 - 2 bedroom and 1 bathroom units in each building. The room labeled laundry on 904 Beverly has the water heater and washer hookups. 1009 Witter utility room could be a possible efficiency space. Conveniently located near schools, shopping centers, and major highways, this investment benefits from high rental demand and strong market fundamentals. Whether you're expanding your portfolio or seeking a first investment, this is a rare opportunity to acquire a cash-flowing asset in a thriving Pasadena submarket.
In 904 Beverly Unit A is leased for $900 until 5/31/26, Unit B is leased for $950 until 12/31/26 and Unit C is vacant. In 1009 Witter Unit A is leased out for $900 until 6/30/26 and Unit C is leased out for $1,000 until 12/31/26 and Unit B is vacant. CALL MONA MALONE AT 832-647-4340 OR EMAIL AT MONA@CHRISTYBUCKTEAM.COM FOR ANY QUESTIONS OR OFFERS. Office mandatory buyers packet to be filled out and submitted with all offers. All room measurements are approx. See offer instruction sheet.

Property Facts

Price $752,224 CAD
Price Per Unit $125,371 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.25 AC
Building Size 3,280 SF
Average Occupancy 33%
No. Stories 2
Year Built 1957
Parking Ratio 3.05/1,000 SF
Opportunity Zone Yes

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Yard
  • Dining Room
  • Family Room
  • Lawn
  • Vinyl Flooring

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
2+1 2 - -
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
0650330000124
Land Assessment
$150,992 CAD
Improvements Assessment
$372,021 CAD
Total Assessment
$523,013 CAD
  • Listing ID: 35918455

  • Date on Market: 2025-05-19

  • Last Updated:

  • Address: 904 Beverly Ave, Pasadena, TX 77506

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