306 E 40th 1/2 Street, Houston, TX 77018

Houston
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
306 E 40th 1/2 Street,Houston, TX 77018
$649,900
  • 2 Beds
  • 1 Baths
  • 2,084 sq. ft.
  • Multi-family
  • Active
Listed by: andrew lin
Office: nan & company properties - corporate office (heights)713-714-6454
MLS#:48496571
Source:HARMLS

Price summary

  • Price:$649,900
  • Price per sq. ft.:$311.85

About this home

Welcome to 306 E 40th 1/2 St. a terrific triplex in the bustling neighborhood of Independence Heights. The gated property was recently taken down to the studs in 2024, the 3 unit complex is completely renovated and fully leased out generating over $50,000 in annual rental revenue with longterm tenants! Each unit features 2 bedrooms/1 bath with an open concept floor plan and in unit washer/dryer. The beautiful residences are finished with stainless steel appliances, shaker style cabinets, quartz countertops, LVP flooring, and designer tiles. Conveniently located just minutes from the Heights and Downtown with easy access to major highways 610, 45, and 59. This property is a great investment and won't last long!

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Home facts

  • Year built:1965
  • Listing ID #:48496571
  • Updated:July 24, 2026 at 11:53 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Plank, Tile, Vinyl
  • Kitchen Description:Disposal, Microwave, Quartz Counters, Refrigerator
  • Living area:2,084 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1965
  • Building area:2,084 sq. ft.
  • Lot Features:Near Public Transit, Subdivision
  • Construction Materials:Cement Siding
  • Levels:1 Story

Schools

  • High school:WASHINGTON HIGH SCHOOL
  • Middle school:WILLIAMS MIDDLE SCHOOL
  • Elementary school:KENNEDY ELEMENTARY SCHOOL (HOUSTON)

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$649,900
  • Price per sq. ft.:$311.85

Features and amenities

  • Appliances:Disposal, Microwave, Refrigerator
  • Amenities:Ceiling Fans, Fire Alarm, Low Emissivity Windows, Programmable Thermostat

Parking

  • Parking description:Electric Gate, Paved
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