Duplex with Two-Bedroom
For Sale
$560,000
1418 E 34th Street, Houston, TX 77022
Duplex featuring two-bedroom, two-bath units with open living areas and dedicated laundry spaces.
Property Size2,025 SF
Price / SF$276.54
Days on Market209
Property Features for 1418 E 34th Street
General Information
Standard status
Active
Size
2,025 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Amenities
Yes
2
Builder
4000
Other
2025
Building Details
Building Size
2,025 SF
Year Built
2026
Listing Agency:
Real Broker, LLC
(512) 917-0159
Listed By:
Troy Harrup
(512) 917-0159
Source:
Garygreene
Added: Jan 3
Changed: Jul 27
Last Checked: Jul 31 at 3:33AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This duplex offers two thoughtfully designed units, each with two bedrooms, two bathrooms, an open living area, and a dedicated laundry space. The layout is intended to support both comfortable everyday living and flexible occupancy options.
The property is located in an area with easy access to shopping, major highways, and essential amenities, which can help simplify day-to-day needs for residents.
Given the unit configuration and flexibility mentioned, the property is presented as suitable for long-term leasing and short-term rental use.
The property is located in an area with easy access to shopping, major highways, and essential amenities, which can help simplify day-to-day needs for residents.
Given the unit configuration and flexibility mentioned, the property is presented as suitable for long-term leasing and short-term rental use.
Key Highlights
- New 2026‑built duplex with 2 bedrooms and 2 total baths across the property
- Each unit includes 2 bedrooms, 2 bathrooms, and an open living area floor plan
- Both units have dedicated laundry space
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 | $40.1k | $19.80 |
| − Vacancy | −$2.2k | −$1.09 |
| EGI | $37.9k | $18.71 |
| − OpEx | −$11.4k | −$5.61 |
| NOI | $26.5k | $13.10 |
2,025 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$378.9K
$331.5K – $442.1K
NOI $26,523 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$327.7K
$286.8K – $382.4K
NOI $22,942 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$520.7K
$455.6K – $607.5K
NOI $36,450 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
718
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 - Duplex featuring two-bedroom, two-bath units with open living areas and dedicated laundry spaces.
Where is this duplex located?
The property is located at 1418 E 34th Street Houston, TX.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: New 2026‑built duplex with 2 bedrooms and 2 total baths across the property; Each unit includes 2 bedrooms, 2 bathrooms, and an open living area floor plan; Both units have dedicated laundry space
