Updated Duplex with Fenced
For Sale
$499,900
2204 E 18th Street N Na, Plano, TX 75074
Two-unit property featuring refreshed interiors, private patios, fenced outdoor space, and covered parking with secured storage.
Property Size2,840 SF
Price / SF$176.02
Days on Market48
Property Features for 2204 E 18th Street N Na
General Information
Standard status
Active
Size
2,840 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Amenities
ceiling fans
walk-in closets
wood-burning fireplace
French doors
patio
fenced backyard
Building Details
Year Built
1975
Listing Agency:
WILLIAM DAVIS REALTY
Listed By:
Rosemarie Hrncir · License #0401882
(972) 732-6002
Source:
Thebryandavisgroup
Added: Sep 20
Changed: Oct 26
Last Checked: Oct 7 at 2:59PM
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 WILLIAM DAVIS REALTY
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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.
This duplex offers 2,840 square feet with refreshed interiors and practical residential features. Improvements include new interior paint, vinyl flooring in the living, dining, and kitchen areas, updated kitchen and bathroom fixtures, granite countertops, Shaker-style white cabinetry, reglazed bathtubs, and Kohler toilets. Ceiling fans serve all rooms, and each room includes a walk-in closet.
The property also includes updated HVAC equipment, a living room wood-burning fireplace with gas starter, and an electric water heater. French doors connect the interior to a patio and fenced backyard. A two-car carport provides covered parking, while attached locked storage adds utility. Built in 1975, the property combines updated finishes with established construction.
The property also includes updated HVAC equipment, a living room wood-burning fireplace with gas starter, and an electric water heater. French doors connect the interior to a patio and fenced backyard. A two-car carport provides covered parking, while attached locked storage adds utility. Built in 1975, the property combines updated finishes with established construction.
Key Highlights
- 2,840‑square‑foot duplex built in 1975
- Updated kitchen with granite countertops and Shaker white cabinets
- Both bathrooms refreshed with Kohler toilets, granite counters, and reglazed bathtubs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,787
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,740
$915.7K
Cap Rate 7%
$654,100
$654.1K
Cap Rate 9%
$508,744
$508.7K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$73.3K $25.80/SF
− Vacancy
−$7.9K −$2.77/SF
EGI
$65.4K $23.03/SF
− OpEx
−$19.6K −$6.91/SF
NOI
$45.8K $16.12/SF
Area
Plano, TX
Vacancy
10.73%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,740
Cap Rate 7%
$654,100
Cap Rate 9%
$508,744
Alternative Uses
Best Use
Multifamily LT 5
$654.1K
$572.3K – $763.1K
NOI $45,787 @ 7.0% cap · market cap 9.16%
Second Best
Apartment 5plus
$600.9K
$525.8K – $701.1K
NOI $42,064 @ 7.0% cap · market cap 8.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Explore this area
Business Placement
Demographics for 75074, TX
53,003
Population
19,362
Households
2.7
Avg Household Size
35
Median Age
42%
College-Educated
85%
High-School Grad
16.0 sq mi
ZIP Area
3,313
Density / Sq Mi
$84,185
Median Household Income
$42,523
Median Earnings
$1,678
Median Rent
$347,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property featuring refreshed interiors, private patios, fenced outdoor space, and covered parking with secured storage.
Where is this duplex located?
The property is located at 2204 E 18th Street N Na Plano, TX.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,840‑square‑foot duplex built in 1975; Updated kitchen with granite countertops and Shaker white cabinets; Both bathrooms refreshed with Kohler toilets, granite counters, and reglazed bathtubs
