Back to Search
Three-Bedroom Duplex Investment

1223 April Bloom College Station, TX 77840

1223 April Bloom, College Station, TX, 77840
$380,000
For Sale
$380,000

MULTI_FAMILY - College Station, TX

Property Size2,282 SF
Lot Size0.16 Acres
Price / SF$166.52
Days on Market80

Property Features for 1223 April Bloom

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
C03
Parking
6
Standard status
Active
APN
1223 April Bloom C03
Size
2,282 SF
Lot size
0.16 Acres

Utilities

Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric

Building Details

Year built
1981
Floors in Building
1
Number of units
2
Flooring type
Carpet
Roof type
Composition, Shingle
Listing agency BHHS Caliber Realty
Listed by Ryan Derkowski · License #0611546
Added: May 4 Updated: Jul 14 at 1:17PM Checked: Jul 22 at 9:06PM
MLS# 26005266

Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained duplex offers two separate residential units, each featuring three bedrooms and two full bathrooms. Both layouts include open living rooms, generous dining areas, an ample kitchen, and substantial bedroom sizes. The property has also had a roof replacement within the last year.

Located in College Station, the duplex sits on the Texas A&M bus route, providing convenient access to campus. The current leases extend through May and June of 2027.

With a lot size of 0.1607 acres and approximately 2,282 square feet of property size, this duplex provides a straightforward, income-focused configuration under zoning designated as C03.

Key Highlights

  • Duplex with 2 units; each unit offers 3 bedrooms and 2 full bathrooms
  • Units are currently leased through May and June 2027
  • Roof replacement completed within the last year

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $37.0k $16.20
− Vacancy −$1.9k −$0.84
EGI $35.0k $15.36
− OpEx −$10.5k −$4.61
NOI $24.5k $10.75
2,282 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$350.5K
$306.7K – $408.9K (±1% cap)
NOI $24,532 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$312.7K
$273.6K – $364.9K (±1% cap)
NOI $21,891 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$561.9K
$491.7K – $655.6K (±1% cap)
NOI $39,334 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Plumbing Service Grocery & Convenience Store HVAC Service Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex with two 3-bedroom, 2-bath units, currently leased through May and June 2027.
Where is this duplex located?
The property is located at 1223 April Bloom College Station, TX.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Duplex with 2 units; each unit offers 3 bedrooms and 2 full bathrooms; Units are currently leased through May and June 2027; Roof replacement completed within the last year
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message