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Duplex Income Property

1137-1139 Georgia Street College Station, TX 77840

New
1137-1139 Georgia Street, College Station, TX, 77840
$305,000
For Sale
$305,000

MULTI_FAMILY - College Station, TX

Property Size1,682 SF
Lot Size0.15 Acres
Price / SF$181.33
Days on Market2

Property Features for 1137-1139 Georgia Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
C07
Parking
4
Patio and Porch features
Patio
Exterior features
Patio
Fencing
Privacy
Standard status
Active
APN
1137-1139 Georgia C07
Size
1,682 SF
Lot size
0.15 Acres

Utilities

Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air, Ceiling Fan(s)

Building Details

Year built
1976
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Roof type
Composition
Listing agency Cortiers Real Estate
Listed by Bobby Murphy
Added: Jul 21 Updated: Jul 22 at 5:18PM Checked: Jul 22 at 6:06PM
MLS# 26009381

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 duplex income property is offered for sale as a two-unit residential setup at 1137–1139 Georgia Street in College Station, Texas 77840. The property includes 1,682 square feet of total building area on a 0.1537-acre lot.

The public remarks note the home is minutes to Texas A&M and located on the shuttle route. Additional multi-family options are also available on the same street, including 1209–1211 and 1200–1202.

Zoning is listed as C07. All details should be confirmed with the appropriate authorities and through buyer due diligence.

Key Highlights

  • 1976‑built multi‑family home with patio and privacy fencing
  • Central electric heating and central air cooling with ceiling fans
  • Composition roof

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 $27.2k $16.20
− Vacancy −$1.4k −$0.84
EGI $25.8k $15.36
− OpEx −$7.7k −$4.61
NOI $18.1k $10.75
1,682 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$258.3K
$226.0K – $301.4K (±1% cap)
NOI $18,082 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$230.5K
$201.7K – $268.9K (±1% cap)
NOI $16,136 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$414.2K
$362.4K – $483.2K (±1% cap)
NOI $28,992 @ 7.0% cap · market cap 9.51%
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 Spa & Massage Center Building Supply Electrical Service Skin Care Clinic Barber Shop Kitchen & Bath Showroom Auto Repair Shop Plumbing Service Big Box & Wholesale Store

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

FAQs

What type of property is this?
Duplex - Duplex near Texas A&M with access to the shuttle route, offered for sale in College Station.
Where is this duplex located?
The property is located at 1137-1139 Georgia Street College Station, TX.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 1976‑built multi‑family home with patio and privacy fencing; Central electric heating and central air cooling with ceiling fans; Composition roof
Contact an agent
More about this property
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