A are find with strong income potential and versatile living options. This unique multifamily property features two separate dwellings on one lot, each offering privacy, functionality, and value. The first unit, a vacant 2-bedroom, 1-bath home with a bonus storage room in the back –is move-in ready. The second unit, a 3-bedroom, 1-bath home, currently tenant-occupied and generating immediate rental income. Perfect for owner-occupants or another tenant. Each unit is individually fenced, providing private outdoor space for both homes. With no HOA, a low property tax rate, and a prime location just 30 minutes from Downtown Houston with quick access to I-10 East, this property is ideal for investors or anyone looking to live in one unit while renting out the other. Whether you're looking to expand your rental portfolio or offset your mortgage with rental income, 311 S 3rd St. delivers flexibility and value. Don’t miss this opportunity – schedule your showing today!