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12318-12320 Ormandy Street

Houston, TX 77085
  • $339,900
  • STATUS: Active Under Contract
  • ON SITE: 17 Days
  • MLS #: 4351530
Under Contract
UPDATED: 35 min ago
$339,900
  • 2
    BEDS
  • 0.07
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,704
    SQFT
  • $126
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

Elementary School:
Middle School:
School District:

Description

Unbelievably reimagined from top to bottom with IDENTICALLY rehabbed units! This SEPARATELY metered Duplex with tenants paying ALL utilities makes this an investors PREFERRED choice. Turnkey investment opportunity that offers immediate income with one side already leased and long-term growth potential. Both units intelligently updated with porcelain tile flooring and tile baseboards for easy maintenance. LARGE UNITS with primary bedrooms that can fit king size beds with tile bathrooms and tub showers. Each kitchen and bath is equipped with solid wood espresso cabinets with 3CM giallo ornamental granite, undermount sinks and glass top appliances. Hardwood staircases and durable laminate flooring upstairs. Energy saving features entire attic space spray foamed and double pane low-e windows throughout the sides and rear. Each unit boasts spacious living areas, in-unit laundry hookups, and separate entrances/utilities, Historically low taxes and low investor managed ANNUAL HOA fee!

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© 2025 Houston Realtors Information Service, Inc. All rights reserved. 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-06-14T21:16:23.59.
www.shawrealestate.com/homes/164264953
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12318-12320 Ormandy Street Houston, TX 77085

  • Price: $339,900
  • Status: Active Under Contract
  • On Site: 17 Days
  • Updated: 35 min ago
  • MLS #: 4351530
2
Beds
2
Baths
0
½ Baths
0.07
Acres
2,704
SQFT
$126
$/SQFT
1979
Built
Neighborhood:
South Fondren Place
County:
Harris
Area:
20 - Bellaire South
Elementary School:
Fondren Elementary School
Middle School:
Welch Middle School
High School:
Madison High School (Houston)
School District:
Houston
Property Description
Unbelievably reimagined from top to bottom with IDENTICALLY rehabbed units! This SEPARATELY metered Duplex with tenants paying ALL utilities makes this an investors PREFERRED choice. Turnkey investment opportunity that offers immediate income with one side already leased and long-term growth potential. Both units intelligently updated with porcelain tile flooring and tile baseboards for easy maintenance. LARGE UNITS with primary bedrooms that can fit king size beds with tile bathrooms and tub showers. Each kitchen and bath is equipped with solid wood espresso cabinets with 3CM giallo ornamental granite, undermount sinks and glass top appliances. Hardwood staircases and durable laminate flooring upstairs. Energy saving features entire attic space spray foamed and double pane low-e windows throughout the sides and rear. Each unit boasts spacious living areas, in-unit laundry hookups, and separate entrances/utilities, Historically low taxes and low investor managed ANNUAL HOA fee!
Exterior Features

Roof Composition Siding BrickCement Board

Interior Features

Compactor No Cool System Central Electric Countertops GRANITE Dishwasher No Disposal Yes Floors LaminateTile Heat System Central Electric Microwave No Range Yes Refrigerator No Stories 2

Property Features

Contract Type 1 - 4 Family Residential Disclosures Sellers Disclosure Energy Ceiling FansInsulation - Blown CelluloseInsulation - Blown FiberglassInsulation - Spray-Foam Expense Operating 4800 Expense Owner Operating InsuranceMaintenance/RepairTaxes Fee Other No Finance Available Cash SaleConventionalFHAInvestor Income Gross 36000 Income Gross Operating 36000 Income Net Operating 31200 Lot Size Source Appraisal District Lot Value No Maint Fee Amt 1100 Maint Fee Includes GroundsTrash Removal Maint Fee Pay Schedule Annually Maintenance Fee Yes No Yes Management Co YN Yes Management Company SOUTH FONDREN HOA New Construction No Property Sub Type Duplex Restrictions Deed Restrictions Sq Ft Source Appraisal District Tax Amount 2424 Tax Rate 2.1924 Tax Year 2024 Unit Features Patio Utilities CableElectricGasWater Year Built Src Appraisal District

Listing information © 2025 Houston Association of REALTORS® MLS.
Listing courtesy of MIH REALTY, LLC: .



© 2025 Houston Realtors Information Service, Inc. All rights reserved. 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-06-14T21:16:23.59.
 
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