Updated Duplex
For Sale
$399,000
1708 Gentry Street Unit AB, Houston, TX 77009
Two-unit property with one refreshed residence and a second space suited to residential or creative use.
Property Size1,040 SF
Days on Market62
Property Features for 1708 Gentry Street Unit AB
General Information
Standard status
Active
Size
1,040 SF
Property subtype
Multi Family,Multiple Detached Dwellings
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,441
Building Details
Building Size
1,040 SF
Year Built
1910
Listing Agency:
White Picket Realty LLC
Listed By:
Alan Hernandez
(832) 532-9229
Source:
Mpowerrealtygroup
Added: Aug 20
Changed: Oct 14
Last Checked: Oct 19 at 4:46PM
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 White Picket Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1910, this duplex includes Units A and B with distinct configurations. Unit B has been updated and is positioned for occupancy, while Unit A offers unfinished flexibility for a residence, studio, boutique office, creative workspace, or short- or long-term rental use. The property also includes an additional 800 square feet in the second home.
Located at 1708 Gentry St AB in Houston’s Northside Village, the property is minutes from Downtown Houston, Daikin Park, the University of Houston-Downtown, Saint Arnold Brewing Company, and Houston’s East End. Walk Score is 70, Bike Score is 84, and Transit Score is 59.
Located at 1708 Gentry St AB in Houston’s Northside Village, the property is minutes from Downtown Houston, Daikin Park, the University of Houston-Downtown, Saint Arnold Brewing Company, and Houston’s East End. Walk Score is 70, Bike Score is 84, and Transit Score is 59.
Key Highlights
- Duplex with Units A and B
- Unit B has been updated
- Unit A can accommodate residential, studio, boutique office, creative workspace, or rental use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,622
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,440
$272.4K
Cap Rate 7%
$194,600
$194.6K
Cap Rate 9%
$151,356
$151.4K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$20.6K $19.80/SF
− Vacancy
−$1.1K −$1.09/SF
EGI
$19.5K $18.71/SF
− OpEx
−$5.8K −$5.61/SF
NOI
$13.6K $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%
$272,440
Cap Rate 7%
$194,600
Cap Rate 9%
$151,356
Alternative Uses
Best Use
Multifamily LT 5
$194.6K
$170.3K – $227.0K
NOI $13,622 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$168.3K
$147.3K – $196.4K
NOI $11,782 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$267.4K
$234.0K – $312.0K
NOI $18,720 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
Explore this area
Business Placement
Demographics for 77009, TX
36,425
Population
17,890
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
78%
High-School Grad
6.2 sq mi
ZIP Area
5,875
Density / Sq Mi
$81,921
Median Household Income
$49,446
Median Earnings
$1,229
Median Rent
$403,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with one refreshed residence and a second space suited to residential or creative use.
Where is this duplex located?
The property is located at 1708 Gentry Street Unit AB Houston, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Duplex with Units A and B; Unit B has been updated; Unit A can accommodate residential, studio, boutique office, creative workspace, or rental use
