2602 Isabella St 5 Unit Block of Flats £904,536 (£180,907/Unit) 7% Net Initial Yield Houston, TX 77004

Presenting a fully renovated, high-performing 5-unit multifamily property offering both residential and commercial flexibility. Renovated in 2019/2020 with a modern, sophisticated design, this asset stands out with a clean, airy aesthetic that continues to attract quality tenants. Located on a corner lot in a high-demand, non-flood zone, the property enjoys excellent visibility and access.
Strategically positioned just minutes from the University of Houston, Texas Southern University, and Yates High School, with seamless access to I-69 and Highway 288, this location offers strong tenant demand and future appreciation potential.
Property Highlights:
4 units: 2 bed / 1 bath
1 unit: studio / 1 bath
Fully renovated interiors and systems
$120,000 Gross Income | $80,000 NOI
No HOA, No flooding, and fully stabilized
Zoned for residential and commercial use — perfect for mixed-use investors
Strong area fundamentals with dense population and consistent rental demand
Investment Appeal: This property is a turn-key income generator with value-add potential, offering excellent returns in one of Houston’s most dynamic submarkets. Whether you’re an investor seeking cash flow or a user-buyer looking for live/work flexibility, this asset delivers on both performance and location.