This is a rare opportunity to own nearly half a block in downtown Wallis. The area is growing quickly. You can restore/remodel the existing home, add more homes for a great investment, or build your dream home & run your business on the same property. Located between 3rd and 4th Street on Gresham, the home, along with a workshop and carport, sit on 10 city lots—almost half a square block—covering 0.73 acres with mature trees. The home has been a rental for many years and needs a restoration with some creative updates, it has endless potential and is truly a"Diamond in the Rough". The price reflects its condition. Right in the heart of downtown Wallis, the Townsite area is becoming more active. In Brazos School District it is conveniently located between I-10 and I-59/69, making it easy to reach the Houston Medical Center/Downtown in about 45 minutes. Come see it for yourself and imagine what you could do with this property.