3618 Mt Vernon Street

Houston, TX 77006

$2,500,000
Price
Beds
Baths
7,068 Sq. Ft.
$354 / Sq. Ft.
7,068
Sq. Ft.
$354
per Sq. Ft.

Description

Presenting a versatile commercial property at 3618 Mount Vernon St, Houston, TX 77006, currently leased to a reputable language school. This two-story, 7,457-square-foot building offers a stable income stream with a cap rate of 5.55%. Situated on a 0.28-acre lot in the heart of Montrose, the property features nine classrooms, eight offices, two kitchens, two lounge areas, seven restrooms, an outside stairway and balcony, a garden area, and a private parking lot. The vibrant neighborhood is surrounded...Presenting a versatile commercial property at 3618 Mount Vernon St, Houston, TX 77006, currently leased to a reputable language school. This two-story, 7,457-square-foot building offers a stable income stream with a cap rate of 5.55%. Situated on a 0.28-acre lot in the heart of Montrose, the property features nine classrooms, eight offices, two kitchens, two lounge areas, seven restrooms, an outside stairway and balcony, a garden area, and a private parking lot. The vibrant neighborhood is surrounded by offices, restaurants, housing, schools, and nightlife, making it an attractive investment opportunity.

Listing Agent

  1. Andrea Curran

    Andrea Curran

    Listing Agent

    Compass

    TREC #0676810

    andrea.curran@compass.com

    P: (832)-707-4900

Property Details for 3618 Mt Vernon Street

Area
16
Geo Market Area
Montrose
Legal Subdivision
MONTROSE
Subdivision
Montrose Add Amd
School District
27 - Houston
Cool System
Central Electric

Location

Add your commute
LISTING UPDATED: 02/13/2025 12:36 PM

Property Details for 3618 Mt Vernon Street

StatusActive
MLS #62003298
Days on Market24
Taxes$38,212 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Plus
Year Built1959
Lot Size0.26 AC / 11,250 SF
CountyHarris County

Building Information for 3618 Mt Vernon Street

Stories2Residences-Year Built1959Building Size-Lot Size0.26 AC / 11,250 SF

Payment Calculator

$16,283 per month

30 year fixed, 6.845% Interest

Principal and Interest

$13,099

Property Taxes

$3,184

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3618 Mt Vernon Street

Description Information
School Details
  • School Elementary: BAKER MONTESSORI SCHOOL
  • School Middle: LANIER MIDDLE SCHOOL
  • School High: LAMAR HIGH SCHOOL (HOUSTON)
Building Details
  • Stories: 2
  • Unit Total: 1
  • New Construction: No
  • Year Built Src: Appraisal District
Lot Information
  • Sq Ft Source: Appraisal District
  • Lot Size Source: Appraisal District
  • Section Num: 0
  • Parcel Number: 026-191-000-0004
Interior Exterior Utilities and Additional Information
Exterior Features
  • Roof: Composition
  • Heat System: Central Electric
  • 55+ Community: No
Financial Information
HOA and Fees
  • Maintenance Fee: No
  • Fee Other: No
  • Tax Year: 2024
  • Tax Rate: 2.01%
Financial Information
  • Tenancy Type: No Residents

Property History for 3618 Mt Vernon Street

DateEvent & SourcePriceAppreciation
Jan 23, 2025

Listed (Active)

HARMLS #62003298

$2,500,000
Apr 12, 2012

Sold

HARMLS #62731834

Apr 12, 2012

Option Pending

HARMLS #62731834

Apr 17, 2011

Listed (Active)

HARMLS #62731834

$1,100,000
Aug 15, 2008

Sold

HARMLS #6405958

Jul 7, 2008

Option Pending

HARMLS #6405958

Mar 28, 2008

Listed (Active)

HARMLS #6405958

$1,195,000
Jan 16, 1998

Sold

HARMLS #60661

Nov 8, 1997

Option Pending

HARMLS #60661

Aug 19, 1997

Listed (Active)

HARMLS #60661

$550,000
DateEvent & SourcePrice
01/23/2025

Listed (Active)

HARMLS #62003298

$2,500,000
04/12/2012

Sold

HARMLS #62731834

04/12/2012

Option Pending

HARMLS #62731834

04/17/2011

Listed (Active)

HARMLS #62731834

$1,100,000
08/15/2008

Sold

HARMLS #6405958

07/07/2008

Option Pending

HARMLS #6405958

03/28/2008

Listed (Active)

HARMLS #6405958

$1,195,000
01/16/1998

Sold

HARMLS #60661

11/08/1997

Option Pending

HARMLS #60661

08/19/1997

Listed (Active)

HARMLS #60661

$550,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3618 Mt Vernon Street

Taxable ValueLand$1,181,250Additions$715,308Total$1,896,558
Tax Record2023$36,712 ($3,059 / month)
Home Facts
Total Finished SqFt7,374 SqFtAbove Grade Finished SqFt7,374 SqFtStories1Lot Size11,252 SqFtStyleOffice BuildingYear Built1959CountyHARRISAPN0261910000004

Schools near 3618 Mt Vernon Street

This home is within Houston Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Wilson Montessori
PublicPK to 8

Lanier Middle School
Public6 to 8

Lamar High School
Public9 to 12

Hcc Life Skills Program
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

3618 Mt Vernon Street is a multi-family home for sale in Houston, TX 77006. This property was listed for sale on January 23, 2025 by Compass, it's currently listed at $2,500,000. It has been on the market for a total of 24 days and was last sold on April 12, 2012. This listing's school district is Houston Independent School District. Nearby schools include Wilson Montessori, Lanier Middle School and Lamar High School. 3618 Mt Vernon Street is a 0-bed, 0-bath, 7,068 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Copyright © 2025, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.