Two-Story Duplex with Gated
For Sale
$499,500
1216 Johnston Street A/B, Houston, TX 77022
Newly built two-story duplex with gated entry, in-unit laundry hookups, and two full baths per unit.
Property Size2,252 SF
Price / SF$221.80
Days on Market93
Property Features for 1216 Johnston Street A/B
General Information
Standard status
Active
Size
2,252 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
soaring ceilings
quartz countertops
stainless steel appliances
blinds
gated entry
Plank,Vinyl
Yes
4
Washer Hookup,Dryer Hookup
Appraiser
Ceiling Fan(s),Programmable Thermostat
Other
4300
Two
2252
Building Details
Building Size
2,252 SF
Year Built
2025
Buildings
1
Stories
2
Listing Agency:
Alumbra International Properties
(281) 300-1871
Listed By:
Dikla Ronen
(281) 300-1871
Source:
Garygreene
Added: Apr 29
Changed: Jul 30
Last Checked: Jul 30 at 5:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alumbra International Properties
Investment Insights
Based on property information with market context.
This newly built two-story duplex offers a practical live-or-rent setup with privacy-focused design and a gated entry. The layout provides two bedrooms and two full baths per unit, with soaring ceilings, quartz countertops, and stainless steel appliances. Vinyl and plank flooring run throughout, and each unit includes blinds. Heating and air conditioning are in place, along with a programmable thermostat and ceiling fans. Laundry is supported by washer and dryer hookups.
The property totals 2,252 SF of building area on a 4,300 SF lot. The exterior includes two parking spaces. Interior details are consistent across the units, and one unit already includes a refrigerator.
Built in 2025, this duplex is positioned for steady rental demand given its straightforward two-unit configuration, in-unit amenities, and secure entry.
The property totals 2,252 SF of building area on a 4,300 SF lot. The exterior includes two parking spaces. Interior details are consistent across the units, and one unit already includes a refrigerator.
Built in 2025, this duplex is positioned for steady rental demand given its straightforward two-unit configuration, in-unit amenities, and secure entry.
Key Highlights
- 2,252 SF two‑story duplex on a 4,300 SF lot
- Built in 2025
- Two bedrooms and two full baths per unit; 4 beds and 4 total baths
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 | $44.6k | $19.80 |
| − Vacancy | −$2.5k | −$1.09 |
| EGI | $42.1k | $18.71 |
| − OpEx | −$12.6k | −$5.61 |
| NOI | $29.5k | $13.10 |
2,252 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$421.4K
$368.7K – $491.6K
NOI $29,496 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$364.5K
$318.9K – $425.2K
NOI $25,513 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$579.1K
$506.7K – $675.6K
NOI $40,536 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
968
Businesses Nearby
Explore this area
Business Placement
Demographics for 77022, TX
28,748
Population
10,717
Households
2.7
Avg Household Size
35
Median Age
13%
College-Educated
63%
High-School Grad
5.8 sq mi
ZIP Area
4,957
Density / Sq Mi
$48,386
Median Household Income
$28,877
Median Earnings
$1,047
Median Rent
$197,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Newly built two-story duplex with gated entry, in-unit laundry hookups, and two full baths per unit.
Where is this duplex located?
The property is located at 1216 Johnston Street A/B Houston, TX.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: 2,252 SF two‑story duplex on a 4,300 SF lot; Built in 2025; Two bedrooms and two full baths per unit; 4 beds and 4 total baths
