2-Unit Contemporary
1414 Fidelity Street #A-B, Houston, TX 77029
For Sale
$355,000
Both residences have two bedrooms, 2.5 baths, and an attached two-car carport.
Property Size1,914 SF
Price / SF$185.48
Days on Market42
Property Features for 1414 Fidelity Street #A-B
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Parking per Unit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Nuresi CORP
Listed By:
Chris Grizzaffi
(713) 742-3005
Source:
Brighthouse-realty
Added: Sep 30
Changed: Nov 7
Last Checked: Nov 9 at 7:14PM
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 Nuresi CORP
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Investment Insights
Based on property information with market context.
Under construction with completion expected in November, this two-unit duplex totals 1,914 SF. Each two-story residence has two bedrooms and 2.5 baths, with living space on the ground floor and bedrooms with private baths above. An attached two-car carport serves each unit, and the exterior and interior are described as contemporary in design.
The property is near Galena Park and the Houston Ship Channel employment corridor, with access to I-10, Loop 610, Houston’s East End, and Downtown Houston.
The property is near Galena Park and the Houston Ship Channel employment corridor, with access to I-10, Loop 610, Houston’s East End, and Downtown Houston.
Key Highlights
- Two‑unit duplex totaling 1,914 SF
- Each two‑story unit has 2 bedrooms and 2.5 baths
- Attached 2‑car carport for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,069
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,380
$501.4K
Cap Rate 7%
$358,129
$358.1K
Cap Rate 9%
$278,544
$278.5K
Market Conditions
NOI Build-Up for 1,914 SF
Gross rent
$37.9K $19.80/SF
− Vacancy
−$2.1K −$1.09/SF
EGI
$35.8K $18.71/SF
− OpEx
−$10.7K −$5.61/SF
NOI
$25.1K $13.10/SF
Area
Houston, TX
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,380
Cap Rate 7%
$358,129
Cap Rate 9%
$278,544
Alternative Uses
Best Use
Multifamily LT 5
$358.1K
$313.4K – $417.8K
NOI $25,069 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$309.8K
$271.1K – $361.4K
NOI $21,684 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$492.2K
$430.7K – $574.2K
NOI $34,452 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Explore this area
Business Placement
Demographics for 77029, TX
17,044
Population
6,386
Households
2.7
Avg Household Size
36
Median Age
9%
College-Educated
62%
High-School Grad
10.6 sq mi
ZIP Area
1,608
Density / Sq Mi
$49,601
Median Household Income
$32,614
Median Earnings
$1,129
Median Rent
$115,400
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have two bedrooms, 2.5 baths, and an attached two-car carport.
Where is this duplex located?
The property is located at 1414 Fidelity Street #A-B Houston, TX.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,914 SF; Each two‑story unit has 2 bedrooms and 2.5 baths; Attached 2‑car carport for each unit
