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1107 E 40th 1/2 Street, 
Houston, TX 77022

$255,000

2

Beds

1

Bath

1,444

Sq Ft

Multi-Family

Active

Listed by

Amera Lov

United Real Estate

972-372-0590

Last updated:

May 17, 2026, 11:54 AM

MLS#

17138281

Source:

HARMLS

About This Home

1107 E 40th 1/2 Street

FULLY OCCUPIED DUPLEX in rapidly appreciating Independence Heights! Located directly off 610 & 45, this turnkey bungalow-style multifamily property features two 2BR/1BA units with different floorpans art 722 sqft each unit. One unit is tenant-occupied through September 2026 and right side thru January 2027, offering immediate income; $29,400 gross annual rent combined. Each side has separate meters and both tenants pay their own utilities. Excellent layouts, durable finishes, separate entrances both in front with complete with separate driveways. High rental comps in the area for long-term hold, STR, value-add, or development project. Rare multifamily option in a hot neighborhood undergoing major redevelopment—secure this income-producing asset today.

Home Facts

Multi-Family

1 Bath

2 Bedrooms

Built in 1948

Price Summary

255,000

$176 per Sq. Ft.

MLS #:

17138281

Last Updated:

May 17, 2026, 11:54 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,444 Sq. Ft.

Structure

Structure

Building Area:

1,444 Sq. Ft.

Year Built:

1948

Finances & Disclosures

Finances

Price:

$255,000

Price per Sq. Ft:

$176 per Sq. Ft.

Source:HARMLS
Copyright 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.