Fourplex with Two-Bedroom
For Sale
$450,000
1810 Potomac Place, College Station, TX 77840
Multi-Family, College Station, TX
Property Size3,454 SF
Lot Size0.29 Acres
Price / SF$130.28
Days on Market53
Property Features for 1810 Potomac Place
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
C09
Subdivision
Southwood
Elementary school district
College Station
Middle school district
College Station
High school district
College Station
Directions
Take Texas Avenue South toward College Station. Turn right onto Southwest Parkway. Turn left onto Potomac Place. The property is on the left. Head north on Texas Avenue. Turn left onto Southwest Parkway. Turn left onto Potomac Place. 1810 Potomac Pl A-D will be on your left.
Standard status
Active
APN
1810 Potomac C09
Size
3,454 SF
Lot size
0.29 Acres
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Building Details
Year built
1976
Number of units
4
Listing Agency:
Keller Williams Realty B/V
(979) 693-9100
Listed By:
Michael Gamble · License #GAMBLMIC122
(979) 492-2842
Added: Jul 14
Changed: Sep 3
Last Checked: Sep 4 at 12:06AM
MLS# 26009147
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 3,454-square-foot quadplex, built in 1976, contains four residential units: two two-bedroom, one-bath units and two one-bedroom, one-bath units. The property is configured for multifamily occupancy, with electric central heating and electric central air conditioning serving the building.
The 0.2945-acre property is located in College Station, Texas, and carries C09 zoning. Current rent roll, lease information, and showing instructions are available through the listing representative. Tenant privacy procedures require 24-hour notice before showings.
The 0.2945-acre property is located in College Station, Texas, and carries C09 zoning. Current rent roll, lease information, and showing instructions are available through the listing representative. Tenant privacy procedures require 24-hour notice before showings.
Key Highlights
- Four‑unit configuration with 2 two‑bedroom, one‑bath units and 2 one‑bedroom, one‑bath units
- 3,454 square feet on a 0.2945‑acre lot
- C09 zoning in College Station, TX
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,132
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$742,640
$742.6K
Cap Rate 7%
$530,457
$530.5K
Cap Rate 9%
$412,578
$412.6K
Market Conditions
NOI Build-Up for 3,454 SF
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.
Gross rent
$56.0K $16.20/SF
− Vacancy
−$2.9K −$0.84/SF
EGI
$53.0K $15.36/SF
− OpEx
−$15.9K −$4.61/SF
NOI
$37.1K $10.75/SF
Area
College Station, TX
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$742,640
Cap Rate 7%
$530,457
Cap Rate 9%
$412,578
Alternative Uses
Best Use
Multifamily LT 5
$530.5K
$464.2K – $618.9K
NOI $37,132 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$473.4K
$414.2K – $552.3K
NOI $33,135 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$850.5K
$744.2K – $992.3K
NOI $59,536 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
Explore this area
Business Placement
Demographics for 77840, TX
55,180
Population
25,423
Households
2.2
Avg Household Size
25
Median Age
46%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
5,518
Density / Sq Mi
$31,278
Median Household Income
$14,521
Median Earnings
$1,085
Median Rent
$241,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing multifamily property with a four-unit layout and central heating and air conditioning.
Where is this quadplex located?
The property is located at 1810 Potomac Place College Station, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit configuration with 2 two‑bedroom, one‑bath units and 2 one‑bedroom, one‑bath units; 3,454 square feet on a 0.2945‑acre lot; C09 zoning in College Station, TX
