9018 Grannis St, Unit 4

Houston, TX 77075

$560,000
Price
2
Beds
Baths
3,468 Sq. Ft.
$161 / Sq. Ft.
3,468
Sq. Ft.
$161
per Sq. Ft.

Description

Cash cow investment opportunity 8% cap rate. Remodeled fourplex ready to rent! This property features 4 units, all 2 bedrooms and 1 bathroom, providing excellent marketability. Centrally located near Hobby Airport! Large 2-bedroom 1 bath units feature central air and heat, spacious kitchen, serving bar, electric stove, refrigerator, big pantry, utility area features washer/dryer connections, small patio and storage area for each unit. Separate electric meters, good parking, Easy to rent area. 100%...Cash cow investment opportunity 8% cap rate. Remodeled fourplex ready to rent! This property features 4 units, all 2 bedrooms and 1 bathroom, providing excellent marketability. Centrally located near Hobby Airport! Large 2-bedroom 1 bath units feature central air and heat, spacious kitchen, serving bar, electric stove, refrigerator, big pantry, utility area features washer/dryer connections, small patio and storage area for each unit. Separate electric meters, good parking, Easy to rent area. 100% OCCUPIED AND FULLY LEASED. Market rent $1200/ per month for each unit Potential gross; $4800/ month Conveniently located on a quiet street with ample parking for each tenant as well as guest parking. Easy access to major roads/highways, Downtown, Hobby Airport, Medical Center, Museum District, and more! Drive by only. Do not disturb tenants!
  1. Listed by Jay Thomas • TREC #0550416 • eXp Realty LLC

Property Details for 9018 Grannis Street, Unit 4

Area
3
Geo Market Area
Hobby Area
Subdivision
Easthaven
School District
41 - Pasadena
Cool System
Central Electric
LISTING UPDATED: 03/26/2025 12:49 PM

Property Details for 9018 Grannis Street, Unit 4

StatusActive
MLS #52836588
Days on Market10
Taxes$10,962 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1984
Lot Size0.14 AC / 6,200 SF
CountyHarris County

Building Information for 9018 Grannis Street, Unit 4

Stories2Residences2Year Built1984Building Size-Lot Size0.14 AC / 6,200 SF

Property Information for 9018 Grannis Street, Unit 4

Description Information
School Details
  • School Elementary: JESSUP ELEMENTARY SCHOOL
  • School Middle: SCHNEIDER MIDDLE SCHOOL
  • School High: SOUTH HOUSTON HIGH SCHOOL
Building Details
  • Stories: 2
  • Unit Total: 4
  • 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: 063-034-034-0018
Unit Information
Unit 1
  • Unit Type: 2 Bedrooms
Unit 2
  • Unit Type: 2 Bedrooms
Interior Exterior Utilities and Additional Information
Interior Features
  • Dishwasher: Yes
  • Disposal: Yes
  • Range: Yes
Exterior Features
  • Roof: Composition
  • Utilities: Electric, Water
  • Heat System: Central Electric
  • 55+ Community: No
Financial Information
HOA and Fees
  • Maintenance Fee: No
  • Fee Other: No
  • Tax Year: 2024
  • Tax Rate: 2.63%
Financial Information
  • Tenancy Type: 1 Year, 6 Month

Property History for 9018 Grannis Street, Unit 4

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 9018 Grannis Street, Unit 4

Taxable ValueLand$43,400Additions$372,899Total$416,299
Tax Record2020$3,026 ($252 / month)
Home Facts
Total Finished SqFt3,900 SqFtAbove Grade Finished SqFt3,900 SqFtStories2Lot Size6,199 SqFtStyleMulti-Family Res (5+ Units)Year Built1984Year Renovated2009CountyHARRISAPN0630340340018Fireplace TypeHas Fireplace

Schools near 9018 Grannis Street, Unit 4

This home is within Pasadena Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Jessup Elementary School
PublicPK to 4

Rick Schneider Middle School
Public5 to 6

South Houston Intermediate School
Public7 to 8

South Houston High School
Public9 to 12

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.

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9018 Grannis Street, Unit 4 is a multi-family home for sale in Houston, TX 77075. This property was listed for sale on March 19, 2025 by eXp Realty LLC, it's currently listed at $560,000. It has been on the market for a total of 10 days and was last sold on February 1, 2021. This listing's school district is Pasadena Independent School District. Nearby schools include Jessup Elementary School, Rick Schneider Middle School and South Houston Intermediate School. 9018 Grannis Street, Unit 4 is a 2-bed, 0-bath, 3,468 sqft multi-family home built in 1984.

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.

Listing Courtesy of eXp Realty LLC, Jay Thomas, TREC #0550416

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